Why you will now pay more for Safaricom Sim Cards.

 Why you will now pay more for Safaricom Sim Cards.

A mobile Subscriber holds a Sim Card – Image/Joseph Kanyi

Safaricom has announced a price increase in its SIM cards and phones effective July 15, 2022.

The move has been necessitated by the new Finance act 2022 that has introduced a Ksh 50 excise tax on SIM and a 10 per cent excise tax on imported phones.

“Customers will purchase the SIM cards at Ksh.50 with an additional purchase of Ksh. 50 airtime required to top-up and activate the line for the first time, for a total of Ksh.100. Currently SIM cards are issued for free with a first-time top-up of Ksh.50 airtime to activate the line.” The company stated in a public notice on Excise and Import Tax Adjustment on SIM Card and Phone Pricing.

Further in the statement, Safaricom has added that the prices for its imported phones would gradually go up as it is clearing its stock.

This is to reflect a 10 per cent exercise tax on imported phones introduced in the Finance Act, and a 25 per cent import duty on phones introduced by the East African Community, (EAC) under the Common External Tariff.

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