[kictanet] Regulator seeks power to license retail mobile cash agents

[Victor Kapiyo]

The Communications Authority (CA), is seeking powers to license all mobile
money agents as part of new measures targeting market dominance in the
telecommunications sector. Francis Wangusi, the CA director general told
parliament Monday that the registration seeks to make the agents neutral so
that they can serve the telecoms operators. “The agents are going to be
licensed to check misuse of information provided by mobile operators,” Mr
Wangusi told the National Assembly’s committee on ICT. Leading telecoms
operator, Safaricom, has 160,000 agents for its M-Pesa platform, Airtel
money has 30,000 while Telkom’s T-Kash has 7,000.

https://www.businessdailyafrica.com/news/Regulator-seeks-power-license-mobile-cash-agents/539546-4678402-yl67ycz/index.html


We look forward to review the regulations.

*Victor Kapiyo*
Partner | *Lawmark Partners LLP*
*Suite No. 8, Centro House, Westlands, Nairobi | **Web: www.lawmark.co.ke
<http://www.lawmark.co.ke> *
====================================================

*“Your attitude, not your aptitude, will determine your altitude” Zig
Ziglar*
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