Kenyan Lawmakers Revive Bill to Split Safaricom and M-PESA Amid Market Scrutiny

Kenyan lawmakers have reignited the debate surrounding Safaricom, the country’s largest telecommunications company, by reviving the 2022 Information and Communications (Amendment) Bill. The proposed law, which had previously faltered due to a lack of backing, seeks to legally split Safaricom from its highly successful mobile money platform, M-PESA.

The renewed efforts come amid growing pressure from regulators to break up the telecom giant, which many believe holds too much ...??

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