ListersThis is an interesting one. An excerpt from the story in the Business Daily:-The Business Daily has learned that KBA member banks submitted their product and system proposals to the CBK in July ahead of the planned August launch date, seeking approvals.
http://www.Such authorisations, which are ordinarily issued after a maximum of one month, are however yet to be issued, delaying the launch of a product that promises to revolutionise the financial services sector.
Read on:-
businessdailyafrica.com/ Corporate-News/mobile-money- transfer-platform-stalls/ 539550-3505860-item-0-9h14j8/ index.html As a matter of public interest it would be interesting to know why there's been such a delay in the regulatory approval of such a game changing initiative for the banking sector.Anyone who has an inkling on the workings at the Central Bank? It seems to me that 7 months waiting for an approval is simply too long...Ali HusseinPrincipalHussein & Associates+254 0713 601113"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-GyörgyiSent from my iPad
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