25 per cent excise tax will affect the overall cost of gadgets, financial transactions, and banking services.
The cost of mobile money transactions will go up by at least 33.4 percent if lawmakers approve the Finance Bill, 2026 as proposed by the National Treasury.
Telecommunications service providers have warned against the introduction of a 25 per cent excise duty on the value of imported cellular mobile phones, which will affect the overall cost of gadgets, financial transactions, and access to banking services.
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The COTU has strongly opposed the proposed 25 percent excise duty on mobile phones while demanding urgent PAYE reliefs for Kenyan…
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