Money remittance company gets back licence after two months

Kendy Money Transfer licence was lifted on Monday after suffering a eight-week ban by the government over suspected terrorism links.

Speaking during the announcement, Kendy Director Caroline Cherutich said that the ban was a big blow but they appreciate they are back in business after close to two months.

The money remittance provider also says that it will place checks to ensure transparency in money transfer services.

They are further urging the government to consider mitigating on tax concessions to recover losses made.

The money transfer service stands as one of the 13 registered money remittance providers licensed by the Central Bank of Kenya.

Kendy has both local and international partners.