In Nairobi, money tends to pronounce its importance on Fridays after a hard-week’s work when the sun begins its routine weary descent down the distant mountain peaks. SEE ALSO: How coronavirus slashed trips to ATMs to an all-time low in AprilDuring this period, mobile money transactions also declined significantly as Kenyans stayed at home following the government directive. Year-on-year, this was a drop of 44.6 per cent compared to Sh63.6 billion that were transacted in April 2019. There were 4.13 million transactions on these channels, a record low since CBK started putting together this data in July 2009. There were 125 million transactions, the lowest since August 2017 when there were 120 million mobile transactions.

Source: Standard Digital June 06, 2020 18:00 UTC