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Plans to split Safaricom, Airtel could start in January, says CBK

Members of the public line up outside a Safaricom shop along Kenyatta Avenue, Nairobi, December 2021. [Elvis Ogina, Standard]

The Central Bank of Kenya (CBK) says it will back legal efforts to compel Safaricom, Airtel Kenya and Telkom Kenya to split their telecommunications businesses from mobile money transfer and lending units.

CBK Governor Patrick Njoroge said on Monday a road map for the split of the telcos' business units could be in place by January next year.

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