@SafaricomPLC@SafaricomPLC What's the justification for Safaricom to charge an arm and a leg for M-Pesa transactions when the electronic logistics of doing it are similar to sending an SMS? Is it a shilling to send an SMS. Bear in mind that the transaction occurs within their own network?
What's the justification for Safaricom to charge an arm and a leg for M-Pesa transactions when the electronic logistics of doing it are similar to sending an SMS? Is it a shilling to send an SMS. Bear in mind that the transaction occurs within their own network, same country!
@SafaricomPLC , Sending KES 101 is 7/=;
Withdrawing it is 29/=;
Total: 36/=
Total transaction fees on KES 101 is 36/=.
A whopping 36%!🤔
From 101 net is 65/=.
M-PESA imposes disproportionately high fees on small transactions, reaping off low-income Kenyans who can't use other cheaper channels... Turning a necessity into oppressive exploitation.
Sending KES 101 is 7/=;
Withdrawing it is 29/=;
Total: 36/= (36%! Sad!!!)
@Pettikim@NationAfrica@UASU_KE Understand the dynamics... Moi University Chapter went on strike earlier, then the National office called for a National strike last week. Lecturers at Moi were in 2 strikes at some point: The National strike and the Chapter strike. What was called off was the National strike.
Moi University lecturers strike and other employees demonstrate in Eldoret City.
They are demanding full payment of their salaries and pension remittances, among other grievances.
📸 Jared Nyataya
I am seated somewhere. Next table is an MP (from Kakamega County) whom I know. He doesn't know me. He is seated with a prospective contractor (from Northern Kenya) - and 3 of his aides. They are loud enough
- MP: I will give you affordable housing project.
- Contractor: I want a big job
- MP: Ok. I'll talk with the Governor to give Level 4 hospital and a market. But 10% in advance ...