Court Stops Demos For Mobile Money Agents

1 min read

By Noel Mkwaila, BLANTYRE

Two mobile phone operators, Airtel Malawi and TNM have obtained a court injunction stopping their agents across the country from holding protests tommorow, Thursday.

The disgruntled agents are pushing for revision of their commissions on every transaction processed.

In a court document The Radar has seen, High Court Judge Allan Muhome stops the agents under The Voice of Agents and Concerned Agents from proceeding with their plans until the court makes its final determination on the matter.

Recently, some angry agents in Blantyre closed down some booths; claiming their bosses have failed to address their grievances despite several attempts.

Published Reserve Bank of Malawi data, relative to 2021 shows the agent network for mobile money agents grew by 56.5 percent to 243 857 in December 2022.

This essentially reflects an increase in access points for financial services across the country.

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