Skip Navigation

Kenyan businesses are dropping the world’s favorite mobile money service

www.semafor.com Kenyan businesses are dropping the world’s favorite mobile money service | Semafor

Small businesses in Kenya are increasingly rejecting mobile money payments in favor of cash as they look to sidestep aggressive tax compliance measures.

Kenyan businesses are dropping the world’s favorite mobile money service | Semafor

Thought this was interesting. Partially because of raised prices, but apparently mainly because of tax enforcement.

The shift follows the deployment of 1,400 paramilitary-trained field officers by the Kenya Revenue Authority

8
8 comments
8 comments