Safaricom reveals tax fears in plan to hive off M-Pesa
Safaricom is wary that the Kenya Revenue Authority might use the current tax laws to hit it with taxes.
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Safaricom is wary that the Kenya Revenue Authority might use the current tax laws to hit it with taxes.
Telecom operators will pay customers up to Sh30 per day for dropped calls if Parliament adopts a revived Bill that imposes a penalty for voice service outages.
In September 2022, African tech startups announced raises totalling $383,465,000, the highest since June 2022. The funding was led by Bboxx’s $200 million acquisition of PEG Africa.
The maiden mobile money platform in the world, M-Pesa is splitting from its mother telecom company, Safaricom. The two will become separate entities by January 2023. This split comes after over two years of legislative pressure from—the Kenya Information and Communications (Amendment) Bill, which sought to split all telcos from their mobile…
The government describes radio frequency spectrum as a finite resource that is vital to the growth of the country's digital economy.