Safaricom’s M-PESA revenues from betting declined by Ksh.1.9B

Safaricom’s M-Pesa revenue shrunk by 33%, amounting to a whooping 1.9 Billion due to reduced betting activities in the country. This is according to the telco’s 2020 Full Year Results released today. The decline in M-Pesa revenues from betting was mainly due to the closure of top betting platforms, SportsPesa and Betin. The two entities … Continue reading Safaricom’s M-PESA revenues from betting declined by Ksh.1.9B