Analogia Malenga
JF-Expert Member
- Feb 24, 2012
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Telecoms operator Safaricom has doubled the price of SIM cards to reflect the impact of new taxes.
Consumers will from Friday pay Ksh.100 for a SIM card purchase from Ksh.50 previously following the introduction of a Ksh.50 excise duty on imported SIM cards through the 2022 Fianance Act.
Nevertheless, the telco operator will offer a Ksh.50 airtime first top up to customers in a move to offset the introduction of the new excise duty.
At the same time, Safaricom says it will raise phone prices to reflect the introduction of a 10 per cent excise tax on imported phones which is also part of the 2022 Finance Act.
New phone prices will also reflect the impact of a 25 per cent import duty on phones as part of the East African Community Common External Tariff (CET).
“Phone prices will be adjusted to include the 10% excise tax and 25% import duty as existing stock levels are replaced with new stock on which the new taxes apply,” Safaricom said in a statement on Thursday.
Source: Citizen Kenya
Consumers will from Friday pay Ksh.100 for a SIM card purchase from Ksh.50 previously following the introduction of a Ksh.50 excise duty on imported SIM cards through the 2022 Fianance Act.
Nevertheless, the telco operator will offer a Ksh.50 airtime first top up to customers in a move to offset the introduction of the new excise duty.
At the same time, Safaricom says it will raise phone prices to reflect the introduction of a 10 per cent excise tax on imported phones which is also part of the 2022 Finance Act.
New phone prices will also reflect the impact of a 25 per cent import duty on phones as part of the East African Community Common External Tariff (CET).
“Phone prices will be adjusted to include the 10% excise tax and 25% import duty as existing stock levels are replaced with new stock on which the new taxes apply,” Safaricom said in a statement on Thursday.
Source: Citizen Kenya
