Kenya: High Court Stops Bank to Mobile Charges

Nairobi — The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination.

Judge Mugure Thande issued the interim order that was lodged by a Nairobi resident Moses Wafula who argued that the cost should have been borne by operators.

Court decision now stops telcos and financial institutions from implementing the fees that were waived by the Central Bank of Kenya (CBK) on December 6 2022.

“Safaricom has no authority…