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KRA to lose Sh2.45bn on Safaricom call tariff cut
KRA acting Commissioner General, Rispah Simiyu before Senate Cohesion Committee at Bunge Towers Nairobi County on August 10, 2023. PHOTO | DENNIS ONSONGO | NMG
The Kenya Revenue Authority (KRA) said it stands to lose up to Sh2.45 billion in taxes from Safaricom annually if Parliament approves a proposal to cut the mobile termination rates (MTR) further from Sh0.58 to Sh0.12 per minute.
MTRs are the charges levied by a mobile service provider on other operators for terminating their voice calls on its grid.
