Airtel Money Split From Airtel Kenya Is Done, What Does It Mean For The Market?
For quite some time now, the Central Bank of Kenya (CBK) has been seeking to ring-fence mobile money services away from telecom businesses. To this effect, the second biggest telecommunications service provider in Kenya, Airtel Networks Limited has split with Airtel Money. This separation has seen the birth of a new entity – Airtel Money Kenya Limited (AMKL) . Going forward AMKL will oversee the operations of Airtel Money services. This is an endeavor that was initiated way back in 2019....