[kictanet] Safaricom fights back in Okoa Jahazi case - Business Daily

[Mwendwa Kivuva]

If the court rules in the Petitioners' favour, what would be the
options for Safaricom?

1. Scrap the Okoa jahazi service completely? I am aware this service
has been of great help to the "down trodden".
2. Offer the service at no cost? After all, if your client has no
liquidity at a particular time, do you do away with them?

Regards
______________________
Mwendwa Kivuva, Nairobi, Kenya
twitter.com/lordmwesh




On 20 February 2018 at 09:58, Ali Hussein via kictanet
<kictanet at lists.kictanet.or.ke> wrote:
> Listers
>
> Apologies for cross posting.
>
> Interesting story in the Business Daily today.
>
> Two petitioners have sued Safaricom over the charges it imposes on Okoa
> Jahazi airtime services, claiming that they are illegal.
>
> Mr Ashford Koome and Eric Kithinji, claim that Safaricom is not licensed to
> carry out banking services, hence the interest it charges on the airtime
> advanced to the subscribers is illegal.
>
> Safaricom has however disputed the claims arguing that the charges have been
> approved by the Communications Authority of Kenya, and that they are not
> interest but a service charge.
>
> Read on:-
>
>
> https://www.businessdailyafrica.com/corporate/companies/Safaricom-fights-back-in-Okoa-Jahazi-case/4003102-4311682-ovkd31z/index.html
>
> Regards
>
> Ali Hussein
> Principal
> Hussein & Associates
> +254 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
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>
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