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Treasury prepares to slash M-Pesa charges

The Treasury is working on a proposal to cut M-Pesa transfer charges in a move that looks set to hurt Safaricom’s revenues from a service that makes more money than voice.

Dormant mobile money accounts jump 926,000

The number of dormant mobile money accounts increased by 926,000 last year driven by defaults on digital loans that pushed subscribers to deactivate their SIM cards.

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