Telkom returns to mobile money business with T-kash

From left: Communications Authority director general Francis Wangusi, ICT Cabinet Secretary Joe Mucheru, Telkom board chairman Eddy Njoroge, Principal Secretary Sammy Itemere and Telkom CEO Aldo Mareuse during the launch of T-Kash on March 12, 2017. PHOTO | DIANA NGILA | NMG

Telkom Kenya has on Monday reopened its mobile cash unit as it eyes a slice of Kenya's lucrative mobile money market.

The new service, dubbed T-kash, has slashed transaction prices by between Sh2 and Sh30 for withdrawals compared to market leader Safaricom's #ticker M-pesa service.

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