Pressing ahead with asset purchase programmes for all eternity certainly cannot be the answer to every problem – on the contrary: the longer they run, the greater the cost will be.
Ladies and Gentlemen: Allow me now to share with you the outcomes of Kenya’s adoption of mobile phone financial services platform and completed by agency banking. According to the FinAccess Survey, 2013, 11.5 million adult Kenyans use mobile financial services as compared to only 5.4 million who use banks.