The High Court has declined to extend orders compelling Safaricom and CBK to suspend reintroduction of charges for transactions between mobile money wallets and bank accounts.
The reintroduction was to take effect from January 2023.
The transaction charges were waived in March 2020 as part of Covid-19 emergency measures to help ease the cost of living.
However, CBK in a press release issued on December 6 said the new charges that were to take effect would be lower than the previous charges before the emergency measure.
More to follow...
