Safaricom PLC and other mobile money operators have reviewed their charges following the enactment of the Finance Act 2023. As a result, M-PESA mobile transfer charges have increased from 12% to 15%. In contrast, the excise duty rate for calls, SMS, and Internet services has decreased from 20% to 15%. “We will be reviewing our calls, … Continue reading Safaricom Increases M-PESA Charges, Cuts Call and SMS Rates