Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

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.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902

Follow The Standard on Google News