Kenyan president proposes tax hike on money transfer services - documents


  • World
  • Wednesday, 19 Sep 2018

FILE PHOTO: An employee assists a customer to set-up M-Pesa money transfer servive on his handset inside a mobile phone care centre operated by Kenyan's telecom operator Safaricom; in the central business district of Kenya's capital Nairobi, May 11, 2016. REUTERS/Thomas Mukoya

NAIROBI (Reuters) - Kenya's president has proposed hiking taxes on mobile money transfer services and other money transfer services, documents sent to parliament this month showed, amid a tussle in government over how to boost revenues without hurting the poor.

Uhuru Kenyatta proposed increasing the excise duty on mobile money transfer fees from 10 percent to 12 percent, documents reviewed by Reuters showed. Parliament is set to debate and vote on the measure on Thursday.

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