8 February 2013

Kenya: Mpesa Services Go Up From Today

You will pay more for Mpesa transactions from today. This comes after the gazettement of a law allowing taxation on Mpesa. Transactions above 100 shillings will go up by 10 percent, but those below 100 shillings will remain unchanged. The review comes after the government introduced a 10 per cent excise duty tax on transaction fees charged on money transfer services in an effort to increase its revenues.

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