Cash handled by mobile money agents in the eight months to August jumped by more than Sh1 trillion compared to a similar period last year, indicating a continued recovery for individuals and businesses from the pandemic-induced economic struggles.
The latest data from the Central Bank of Kenya (CBK) show agent transactions in the period rose by 44.7 percent or Sh1.3 trillion to Sh4.44 trillion from Sh3.07 trillion in 2020.