Ok the 1st of January 2023, banks reintroduced the bank to mpesa transactions that had been thrown away by the government following the covid pandemic as per the reports that we have with us.
Picture courtesy. Image used for illustration.
Many Kenyans were disgruntled at the news of the reintroduction of the charges that had seen them use basically nothing to withdraw money from their banks into their mpesa mobile wallets.
The Central Bank of Kenya, on the 6th of December 2022, gave the greenlight to banks as well as Safaricom and other Telcos to reintroduce the transactions.
This evening, according to the available reliable reports that we have with us from The High Court of Kenya, temporary orders have been issued stopping the transactions of mpesa charges.
The High Court of Kenya has this evening issued temporary orders that will be halting the reintroduction of the charges between bank and mobile money wallet transactions.
On the 6th of December 2022, the Central Bank of Kenya is said to have granted banks the green light to ensure that they reinstate charges.
This would have taken effect on the 1st of January, 2023 and Banks and Telcos went ahead and reintroduced the charges as per the reports that we have with us.
The matter will be mentioned on the 23rd of January 2023 as per the reliable reports that we have with us from The High Court of Kenya concerning the matter of transactions fees from banks to MPESA.
Let us know your thoughts and opinions on this latest development in the comments section below this article.
Picture courtesy. The High Court order stopping the transaction charges temporarily until the matter is heard in court.
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