<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div>Listers</div><div><br></div><div>Apologies for cross posting.</div><div><br></div><div>Interesting story in the Business Daily today.</div><div><div style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px;"><p style="box-sizing: border-box; margin: 1.5rem 0px 0px; padding: 0px; border: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">Two petitioners have sued Safaricom over the charges it imposes on Okoa Jahazi airtime services, claiming that they are illegal.</span></p></div><div style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px;"><p style="box-sizing: border-box; margin: 1.5rem 0px 0px; padding: 0px; border: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">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.</span></p></div><div style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px;"><p style="box-sizing: border-box; margin: 1.5rem 0px 0px; padding: 0px; border: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">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.</span></p><p style="box-sizing: border-box; margin: 1.5rem 0px 0px; padding: 0px; border: 0px;">Read on:-</p></div><div style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px;"></div></div><div><br><a href="https://www.businessdailyafrica.com/corporate/companies/Safaricom-fights-back-in-Okoa-Jahazi-case/4003102-4311682-ovkd31z/index.html">https://www.businessdailyafrica.com/corporate/companies/Safaricom-fights-back-in-Okoa-Jahazi-case/4003102-4311682-ovkd31z/index.html</a></div><br>Regards <div><br><div id="AppleMailSignature"><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><b>Ali Hussein</b></span></div><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><b>Principal</b></span></div><div><b style="background-color: rgba(255, 255, 255, 0);">Hussein & Associates</b></div><div style="font-family: Helvetica; font-size: medium; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto; ">+254 0713 601113 </div><div style="font-family: Helvetica; font-size: medium; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto; "><br></div><div><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Twitter: @AliHKassim</span></p><span style="background-color: rgba(255, 255, 255, 0);"><font></font></span><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Skype: abu-jomo</span></p><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a></span></p><font><br></font></div><div><span style="background-color: rgba(255, 255, 255, 0);">"We are what we repeatedly do. Excellence, therefore, is not an act but a habit." ~ Aristotle</span></div><div><br></div><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><br></span></div>Sent from my iPad</div></div></body></html>