digital transactions - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Scale down tax on digital transactions and phones to support small businesses, MPs urged

Sacco ReviewJune 7, 2026June 7, 2026011 mins

Residents of Taita Taveta County have called on the National Assembly to scale down proposed taxes on digital transactions and mobile phones, warning that the Finance Bill, 2026, could stifle innovation, entrepreneurship, and youth employment in the digital economy. Led by representatives from the National Youth Council (NYC) Taita Taveta chapter, the residents who were…

Digital transactions expose weaknesses in SACCO payment systems as regulators tighten oversight

Sacco ReviewMay 4, 202603 mins

Kenya’s cooperative lenders are facing mounting regulatory pressure as surging digital transactions expose gaps in their payment systems. Industry experts warn that the rapid growth of real‑time payments is testing the resilience of banks and SACCOs, raising concerns about transparency, compliance, and customer trust. According to BPC East Africa Country Manager Prashant Byndoor, real‑time payment…