Kenya’s mobile money tax is one of Africa’s highest

News published on Oct 16, 2023 @ 11:25 am

The government of Kenya’s tax on mobile money transactions is one of the highest in the African continent.  First introduced in 2012, government taxes on transaction fees started at 10 per cent and were increased to 12 per cent in 2018. After the controversial Finance bill was signed into law, Kenya mobile money users are now faced with a 15 per cent levy on transaction fees.

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