The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Sateesh Kamath Chief Financial Officer Safaricom speaks when Safaricom Announced Un - Audited results for the half year ended 30th September 2017. PHOTO:WILBERFORCE OKWIRI
Safaricom has spoken for the first time since the Treasury increased taxes on mobile money transfer, saying the move will hurt the financial service.
The firm, which has the biggest market share of the mobile money sector, says it recognises the Government’s need to collect additional taxes, but the hike will have a negative impact on the sector.
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