Dennis
I’m hoping someone has been misquoted. This is nonsense. And I’m deliberately not mincing my words here.
My points below:-
1. Firstly, it’s de facto that mobile money agents have become Telco agnostic. It’s in the interest of everyone that these guys have multiple revenue streams. The margins for being only a Safaricom Mobile Money Agent wouldn’t make commercial sense otherwise. That's why you sometimes find agents saying ‘Sina Float’
See story on the sale below:-
I ask, what is the problem the regulator is trying to solve that the market is already not addressing.
I’m worried at the creeping of too much regulation in this country. We need to ask ourselves whether we are a free market or a controlled market.
Ali Hussein
Principal
AHK & Associates
+254 0713 601113
"We are what we repeatedly do. Excellence, therefore, is not an act but a habit." ~ Aristotle
Sent from my iPad
This might be in good favor to curb dominance, but on Safaricom's point of view, wont this be assisting rivals to compete with them?