04/11/2025
Kenya’s Tax Appeals Tribunal has ruled that payment switch companies like Kenswitch are exempt from VAT, siding against KRA’s claim that their services fall under ICT. The decision redefines how digital payments are treated in law and could influence future tax policy.
It’s a quiet but consequential moment for Kenya’s financial infrastructure, where technology and regulation often pull in different directions.
The ruling may seem technical, but it cuts into the wiring of Kenya’s financial system, where software meets banking and the law still struggles to catch up.