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The Nexus
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Central Bank of Kenya (CBK)

Coverage of Central Bank of Kenya (CBK) in the Nexus archive.

Earliest in view: May 25 · 11:42 UTCMost recent: May 25 · 11:42 UTC
Co-mentioned in this coverage
Kenyaplace1William Rutoperson1Safaricomorganization1M-Pesatopic1Airtel Moneyorganization1Ken Gichingaperson1Mbui Wagachaperson1diaspora remittancestopic1
Recent coverage
  • BUSINESSMay 25 · 11:42 UTCSEMAFOR
    Kenya’s mobile money tax plans threaten M-Pesa growth

    Kenya’s proposed 16% VAT on mobile money services like M-Pesa and Airtel Money, along with a 25% excise duty on mobile phones, risks slowing fintech growth and financial inclusion. Experts warn the taxes could push users back to cash, harm diaspora remittances, and undermine Kenya’s leadership in mobile money innovation.