Safaricom has announced the revision of the price of its services following the removal of the moratorium of the 2023 financial law.
In a notice dated July 29, 2023, the telecommunications operator said: “Following the promulgation of the Finance Act 2023 and the decision of the Court of Appeal of July 28, 2023, effective July 29, 2023, we will review our phone, text, data , fiber, M-Pesa to reflect the increase in the rate of tax on fees charged on money transfer services from 12% to 15% and the lower rate of tax on communication services (telephone, SMS, data and fiber) from 20% to 15%.
The mobile company said the details of the price change are available on the website, app, and various USSD codes, including *100#, *200#, and *544#.
The Court of Appeal on Friday lifted protective orders barring the implementation of the complex 2023 finance law.
The Court of Appeal ruled that the government, which appealed the suspension through Finance Minister Njuguna Ndungu, met two criteria to justify issuing the requested orders.
“We are satisfied that the plaintiffs have met the two criteria for granting the requested orders, and that the public interest weighs in favor of the reversal of the preservation orders by the trial judge,” the decision said.
The court noted that there would be serious and irreversible economic harm if the restraining order was not granted.
The three judges led by Mohammed Warsame, Kathurima M’inoti and Hellen Omondo said the appeal will be heard and decided within 60 days.
The High Court on June 30 stayed the implementation of the 2023 Finance Bill, pending a decision on a petition filed by Senator Okiya Omtatah and six other activists.
Treasury Cabinet Secretary Professor Njuguna Ndung’u addressed the Court of Appeal saying that the suspension affects government operations.