Alleastafrica
  • Home
  • HEADLINES
  • Kenya’s Safaricom faces $4.4m fine by telecoms regulator
HEADLINES KENYA LATEST NEWS

Kenya’s Safaricom faces $4.4m fine by telecoms regulator

Kenya’s biggest telecoms operator Safaricom faces a fine of 0.2 per cent of its gross revenue for the last financial year, equivalent to Ksh449 million ($4.47 million), official documents seen by Reuters on Monday showed.

The regulator, Communications Authority of Kenya (CA), said it had decided to impose the fine on the company, part owned by South Africa’s Vodacom and Britain’s, for failing to connect smaller firms.

Safaricom rejects the accusation. It has secured a temporary suspension of the fine pending a hearing before an industry tribunal, the documents showed.

Reuters

Related posts

South Sudan rebels reject peace deal reinstating Machar

Newsroom

Kenyan lawmakers oppose move to make them ‘beggars’

NewsDesk

Tanzania’s Magufuli shuffles cabinet, sacks home affairs minister

Newsroom

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More