MPs snub Bill seeking M-Pesa, Safaricom split

Safaricom headquarters on Nairobi’s Waiyaki Way. PHOTO | DIANA NGILA

MPs have snubbed debate on a Bill that seeks to compel Safaricom #ticker:SCOM, Airtel and Telkom Kenya to split their telecommunications business from the mobile money transfer and lending units.

The Kenya Information and Communications (Amendment) Bill sponsored by Gem MP Elisha Odhiambo targets to address concerns that Safaricom has become too big through its dominant market share in voice, mobile data, and mobile money.

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