Mobile phones, SIM card prices up starting Friday on taxes
"Effective 15th July 2022 we will be reviewing our SIM card pricing to Sh50 plus Sh50 airtime first top up to include the excise tax,” said Safaricom. “Phone prices will be adjusted to include the 10 percent excise tax and 25 percent import duty as existing stock levels are replaced with new stock on which the new taxes apply.” Read more - https://www.businessdailyafrica.com/bd/markets/commodities/mobile-phones-sim... *Victor Kapiyo* Partner | *Lawmark Partners LLP* *Suite No. 8, Centro House, Westlands, Nairobi | **Web: www.lawmark.co.ke <http://www.lawmark.co.ke> * ==================================================== *“Your attitude, not your aptitude, will determine your altitude” Zig Ziglar*
Many thanks Victor, I think it's time for us to seriously consider manufacturing most of this devices locally. I hope the incoming government will consider this otherwise such moves will only widen the gap between the haves and the have not. Regards On Sat, 16 Jul 2022, 8:32 am Victor Kapiyo via KICTANet, < kictanet@lists.kictanet.or.ke> wrote:
"Effective 15th July 2022 we will be reviewing our SIM card pricing to Sh50 plus Sh50 airtime first top up to include the excise tax,” said Safaricom. “Phone prices will be adjusted to include the 10 percent excise tax and 25 percent import duty as existing stock levels are replaced with new stock on which the new taxes apply.”
Read more - https://www.businessdailyafrica.com/bd/markets/commodities/mobile-phones-sim...
*Victor Kapiyo* Partner | *Lawmark Partners LLP* *Suite No. 8, Centro House, Westlands, Nairobi | **Web: www.lawmark.co.ke <http://www.lawmark.co.ke> * ====================================================
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On Sat, Jul 16, 2022 at 10:09 AM Barrack Otieno via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
Many thanks Victor,
I think it's time for us to seriously consider manufacturing most of this devices locally. I hope the incoming government will consider this otherwise such moves will only widen the gap between the haves and the have not.
Regards
@Barrack Otieno <barrack@kictanet.or.ke> since we cannot manufacture electronics locally (should I make specific reference to mobile phones?) did you mean to say "assembling most of these devices locally"? Does the govt consider manufacturing and assembly to be synonymous? To the extent that the proposed taxes will not be levied on the locally assembled units? It is good to dream about being able to manufacture the devices locally one day, but I think that will be addressing a different issue than the one we have at hand - over-taxation! There's just something way off with our taxation regime that needs to be addressed. Industrialization should not be bundled together with that problem, IMHO. A SIM card going for KES50, with the additional KES50 for airtime is not something that will widen the gap between the haves and the have-nots. The taxation regime itself is to blame for everything bedeviling us, our economy. Sealing the loopholes used by civil servants to steal from the govt will help address these taxation issues. For example, do you know that there are govt entities that spend KES 700,000 on letsencrypt certificates annually, yet the certificates are FREE? :-) -- Best regards, Odhiambo WASHINGTON, Nairobi,KE +254 7 3200 0004/+254 7 2274 3223 "Oh, the cruft.", egrep -v '^$|^.*#' ¯\_(ツ)_/¯ :-)
For example, do you know that there are govt entities that spend KES 700,000 on letsencrypt certificates annually, yet the certificates are FREE? :-) That would support setting up a local/regionally hosted public key infrastructure, for example using EJBCA[0] or other similar software. It is good to have local/regional capacity for ensuring integrity of IT infrastructure. Lets Encrypt, Zero SSL free certificates are great, but
there are cases where one wants more control. 0) https://github.com/Keyfactor/ejbca-ce
participants (4)
-
Barrack Otieno -
Benson Muite -
Odhiambo Washington -
Victor Kapiyo