1 February 2013

Kenya: Safaricom Raises Mpesa Tariffs

You will pay more for Mpesa transactions from Friday following the gazettement of a law allowing taxation. Subscribers will now pay 10 per cent more for M-Pesa transactions above 100 shillings.

CEO Bob Collymore says although the plan is to help the government meet its financial obligations, increasing tax on money transfer services may erode the financial inclusion agenda.

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