×

Safaricom seeks talks with CBK on bank transfer charges

Safaricom CEO Peter Ndegwa chats with KCB Bank CEO Paul Russo after Safaricom announced a 50 per cent reduction in Fuliza interest charges. [Wilberforce Okwiri, Standard]

The last of the Covid-19 relief measures instituted by the government could soon come to an end.

Telecommunications service provider Safaricom says it will soon hold talks with the Central Bank of Kenya (CBK) on the need to reinstate charges on bank-to-mobile money wallet transactions.

Support Independent Journalism & Read Without Limits
Get Trusted News for Only Ksh400 Ksh299 a month

Subscribe Today & Save!

  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
Already a subscriber? Log in