Telkom Kenya Faces Delays on its New Mobile Money Subsidiaries - News Summed Up

Telkom Kenya Faces Delays on its New Mobile Money Subsidiaries


Telkom Kenya says that it is facing delays in getting approval from the Communications Authority of Kenya (CA) for its two mobile money subsidiaries that it announced last year. T-Kash, the telco’s mobile money services will reportedly house T-Kash Loan, a loan service that hasn’t been activated on the app as yet. Everything is done,’’ Telkom Kenya CEO Mugo Kibati said. Telkom will be taking on Safaricom’s M-Pesa in its endeavour to expand its mobile money services. The telco might also collaborate with local banks to achieve its goal to expand its mobile money services.


Source: The North Africa Journal July 04, 2022 15:53 UTC



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