logo
ADVERTISEMENT

Value of mobile money transactions in first drop since 2009

Transactions declined by 2.8% to Sh5.09 trillion for the first time since 2009.

image
by The Star

News20 November 2023 - 15:20
ADVERTISEMENT
An employee assists a customer to set-up M-Pesa money transfer service on his handset inside a mobile phone care centre in Nairobi, May 11, 2016. /REUTERS

The value of mobile money transactions in Kenya dropped for the first time since 2009, an indication of a struggling economy and reduced money supply. 

This is premium content

Subscribe to Continue Reading

Subscription

Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism. Join us today to make a difference!

Already Subscribed? Sign in
ADVERTISEMENT