Safaricom has increased its voice, SMS and Data prices after the recent changes to taxes passed through the Finance Act 2018 which called for the increase of Excise Duty tax applicable on Voice, SMS and Data services from 10% to 15%.
The act also called for application of a 16 percent Value Added Tax applicable to mobile services.
“As a result of the increased taxes passed in the Finance Act 2018, we wish to notify our customers that from midnight tonight, the 18th October 2018, our headline price for voice calls and data will increase by 30 cents and SMS by 10 cents,” announced Bob Collymore, Chief Executive Officer Safaricom PLC in a statement.
The firm also reviewed its prices for mobile data bundles, Fibre-To-The-Building (FTTB) and Fibre-To-The-Home (FTTH) to effect the new 15% Excise Duty tax on internet services. The telco hopes that these changes will not affect the remarkable gains Kenya has made in mobile phone and internet penetration over the last two decades.
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