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CAK now forces Safaricom to cut the cost of mobile banking – Business Daily

17 Mar Posted by in kictanet | Comments
Listers
And the drama continues..

Kenya’s competition watchdog – the CAK – has compelled Safaricom to disclose and lower its third-party mobile banking service charges in a move that intensifies the heat on the dominant telecoms operator.

It has emerged that Safaricom last month signed an agreement with the Competition Authority of Kenya (CAK) to cut the Unstructured Supplementary Service Data (USSD) prices for financial transactions going through its network.

Read on:-


http://www.businessdailyafrica.com/corporate/CAK-forces-Safaricom-cut-cost-mobile-banking/539550-3852854-2nqj5y/index.html

Ali Hussein
Principal
Hussein & Associates
+254 0713 601113 

Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: http://ke.linkedin.com/in/alihkassim


“We are what we repeatedly do. Excellence, therefore, is not an act but a habit.”  ~ Aristotle

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