wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages<1234>»
Why is Mpesa Bank not regulated by CBK?
Options
Previous Topic · Next Topic
mlennyma
#11 Posted : Thursday, May 02, 2013 8:59:00 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
You may b the stupid.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
mlennyma
#12 Posted : Thursday, May 02, 2013 9:06:05 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Which bank handles mpesa deposits?which bank handles kopa credit interest?they should just lend the money themselves without hiding in cba.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
Muheani
#13 Posted : Thursday, May 02, 2013 10:14:24 AM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
@M7 has satisfactorily answered!!
Thats the position
Back to top
  |
Sufficiently Philanga....thropic
#14 Posted : Thursday, May 02, 2013 10:23:40 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mlennyma wrote:
A serious governor would look into coverups which safcom hides behind banks but at the moment they have the goodwill this time hiding in kenyattas bank.

This is in bad taste and belongs to the politics section. Very pettySad
@SufficientlyP
Back to top
  |
Mainat
#15 Posted : Thursday, May 02, 2013 10:30:48 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
CBA is custodian of Safaricom's Mpesa funds. We still not answered the question of why a 400bn deposit institution is not regulated...
Sehemu ndio nyumba
Back to top
  |
McReggae
#16 Posted : Thursday, May 02, 2013 10:38:10 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Sufficiently Philanga....thropic wrote:
mlennyma wrote:
A serious governor would look into coverups which safcom hides behind banks but at the moment they have the goodwill this time hiding in kenyattas bank.

This is in bad taste and belongs to the politics section. Very pettySad


Washana na madharau wewe!!!!

@Mainat, which exact regulation rules are referring to!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Back to top
  |
selah
#17 Posted : Thursday, May 02, 2013 10:43:51 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
Mpesa is not regulated, if it were it would be publishing its results like any other bank ...CBK treats Mpesa,although I think it's erroneous,as a money transfer service.We all know Mpesa is a bank I dont know why CBK pretends not to know that....I can save using Mpesa.

The deposit protection fund which was recently restructured has started asking all banks that acts as custodians of Money transfer service providers to furnish them with account statements or information ....That's not sufficient....I still think the mobile money transfer services shld be treated like Banks or deposit taking institutions akin to MFIs.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Back to top
  | | Edit by user: Thursday, May 02, 2013 11:13 AM | Reason: Not specified
mlennyma
#18 Posted : Thursday, May 02, 2013 10:53:37 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
@selah you are among the bright candid minds i embrace.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
Museveni
#19 Posted : Thursday, May 02, 2013 10:55:14 AM
Rank: Member

Joined: 8/16/2012
Posts: 661
selah wrote:
Mpesa is not regulated, if it were it would be publishing its results like any other bank ...CBK treats Mpesa,although I think it's erroneous,as a money transfer service.We all know Mpesa is a bank I dont know why CBK pretends not to know that....I can save using Mpesa.

The deposit protection fund which was recently restructured has started asking all banks that acts as custodians of Money transfer service providers to furnish them with account statements or information ....Thats no sufficient....I still think the mobile money transfer services shld be treated like Banks or deposit taking institutions akin to MFIs.


M-Pesa - M-Shwari ......

Which service exactly?

Quote:
The devil is in the detail
Live and learn; and don’t forget, nothing ventured, nothing gained.
Back to top
  |
mlennyma
#20 Posted : Thursday, May 02, 2013 11:03:55 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Commercial B of Africa has nothing to do with mpesa,and the telco hundles solely the un regulated billions...correct me if am wrong
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
5 Pages<1234>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.