The most popular payment methods in Kenya 2024: Cash is king but M-Pesa remains huge
Rising transaction charges prompt merchants to shift to cash transactions. Cash accounts for 80% of daily transactions in Kenya.
Kenya Implements Real-Time Crypto Tax Monitoring with New System
KRA to implement a real-time tax system for cryptocurrency transactions. Kenya has approximately four million crypto users, ranking high in Africa for adoption.
Kenya's tax authority to track and tax crypto transactions with real-time tax system
KRA plans to implement a real-time tax system for cryptocurrency transactions. The new system will capture transaction details like date, time, type, and value.
Kenya to track crypto transactions real-time with new tax system
KRA plans to implement a real-time tax system for cryptocurrency transactions. Kenya has an estimated four million crypto users, one of the highest in Africa.
M-KOPA must pay taxes to Kenya after losing appeal
M-KOPA lost an appeal at a tax tribunal regarding a $6.8 million tax demand. The tribunal ruled that M-KOPA must pay part of the back taxes owed to KRA.
