Regulation is evolving. Or is it Regulators need to evolve?
The Communication Authority of Kenya (CA) drops Finserve Africa, the successor to Equity Bank Limited’s Equitel from the roster of #mobilemoney service providers. The reasoning?
It’s more a banking product than a mobile money product.
#GoFigure.
So basically, 1.88 million mobile money subscribers have disappeared into thin air. According to The CA. Any who...moving on..
https://www.businessdailyafrica.com/corporate/companies/CA-removes-Equitel-from-mobile-money-category/4003102-5436860-6g3977z/index.html