
30 April 2020
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Safaricom loses Sh1.9 billion due to ban on Betting
Mobile service provider Safaricom lost Sh1.9 billion in revenues after the government banned sports betting last year. This comes even as the company made Sh84 billion from M-Pesa in the 2019/2020 financial year. This is against another Sh600 million revenue loss due to a waiver of sending charges on transaction amounts of less than Sh1,000. […]
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