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Kenya: Safaricom will not be forced to loosen its dominant hold on mobile-money market

By  |  August 6, 2015

In July, as Quartz reported, Kenyan cabinet secretary Fred Matiang’i announced that the government would introduce new regulations aimed at guarding against monopolies, which could have led to Safaricom being declared anti-competitive and potentially split into three separate units.

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    But Kenya’s biggest mobile phone company can rest a little easier now after the country’s attorney general Githu Muigai instructed Matiang’i in a letter to his cabinet colleague to withdraw the proposals and “subject them to discussions.”

    Full content: Quartz Africa

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