Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure

Kenya’s plan to impose new taxes on digital payment services is triggering concern across the banking and business sectors, with industry groups warning that higher transaction costs could push more economic activity outside formal financial systems. The debate centres on proposals contained in the Finance Bill 2026 that would apply 16 percent VAT to fees … The post Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure appeared first on TechTrendsKE .

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