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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Safaricom paid Sh28.2 billion in commissions to M-Pesa agents last year, up from Sh23.8 billion that it paid in 2019.
The company last year recorded Sh82.5 billion in M-Pesa revenue, two per cent lower than the Sh84 billion made in 2019, with the firm attributing this drop to the waiver of fees on cash transfers and Lipa Na M-Pesa transactions of below Sh1,000.
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