Mutemi

I'm trying to understand your conspiracy theory here but I'm left blank! 😅 Why would Safaricom (and the government) want to force us back to the cash economy? As we are oft to say in Kenya - Hio imeenda! 😀 

Curious, however, to hear your thoughts on why. 

Regards

Ali Hussein

Fintech | Digital Transformation                                


Tel: +254 713 601113

Twitter: @AliHKassim

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Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.


On Mon, Jul 31, 2023 at 2:57 PM Mutemi wa Kiama via KICTANet <kictanet@lists.kictanet.or.ke> wrote:
Could it be deliberate to force us back to the cash economy?

Warm regards,

Mutemi wa Kiama

Team Captain, This Is Africa: https://thisisafrica.me

Thoughts become things... choose the good ones!

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Public Intellectual, Social Justice & Social Accountability Entrepreneur, Strategic Planning & Organizational Development Facilitator, Strategic Communications, Movement Building Coach, Human Rights Defender, 

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On Sat, Jul 29, 2023, 14:16 Mwendwa Kivuva via KICTANet <kictanet@lists.kictanet.or.ke> wrote:
Safaricom PLC and other mobile money operators have reviewed their charges after the enactment of the Finance Act 2023. M-PESA mobile transfer charges have gone up from 12% to 15%.

At the same time, the excise duty rate for call, SMS, and Internet has gone down from 20% to 15%.

Is Financial inclusion in danger? Will users go back to the cash economy? As we fiddle with taxation in the digital space, is there cost-benefit analysis advising these decisions?

Best Regards,
______________________
Mwendwa Kivuva, Nairobi, Kenya
https://www.linkedin.com/in/mwendwa-kivuva
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation.
KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars
of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.

KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's
times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your
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KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.