Kenyans across the country have received some heartbreaking news earlier this morning days after the high court suspended the cost incurred when one transfers money from his bank account to his or her M-pesa Wallet and vise versa.
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Earlier this month, the Court had come to the rescue of many Kenyans after it delivered temporary orders halting the reintroduction of charges between bank and mobile money wallet transactions amid the high cost of living and how biting the month of January seems to be.
Concerning the issue, it has now been reported that Bank-Mpesa transaction charges will still continue despite the order.
As of Friday last week, it has now been noted and reported that that Safaricom and some well established banks like the Kenya Commercial Bank (KCB) and Equity were still charging customers amounts exceeding Sh100 defying the court ruling.
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Do you think that the court should take action against Safaricom for defying its ruling? Share your thoughts on the comments section below as you await for more updates.
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https://www.businessdailyafrica.com/bd/markets/capital-markets/banks-safaricom-defy-court-on-cash-transfer-fees--4087436
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