Banking lobbyists behind Michuki’s audit of Safaricom

December 29, 2008  
Written by kenyanobserver, in BUSINESS

According to Nairobi Star, a local Kenyan daily paper, an undisclosed lobby group from the banking industry met with Finance Minister John Michuki on December 8 and expressed their concerns with Safaricom’s M-Pesa runaway success and the need to slow it down or do away with it altogether. Three days after this meeting, Michuki ordered an audit of Safaricom.

Nairobi Star article via AllAfrica

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