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Airtel in CBK crosshairs over capital compliance

Airtel Shop in Nairobi.

The Central Bank of Kenya (CBK) has raised concern over Airtel Kenya’s operations due to mounting losses and failure to meet regulatory standards.

According to filings by Airtel Africa in preparation for listing at the London Stock Exchange, the CBK recently took several regulatory actions including levying a fine against Kenya’s second largest mobile service provider over the past year.

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