Why Tangaza is first telco to lose mobile money licence

Tangaza Mobile sim card

A SIM card belonging to Tangaza Mobile Ltd. 

Photo credit: File | Diana Ngila | Nation Media Group

What you need to know:

  • Tangaza now becomes the first mobile money company to have its licence revoked since advent of the technology in Kenya. 

The Central Bank of Kenya (CBK) has revoked the licence of mobile service provider Mobile Pay Limited (MPL), which operates under the Tangaza brand name.

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