Financial entities reap significant benefits from the tax exemption dispute
In today's fast-paced world, staying informed has never been more important. That's why we're excited to invite you to follow The Standard channel on WhatsApp. With our platform, you'll have access to the latest news, trends, and insights that matter most to you.
This week, our focus is on a variety of topics that are trending now, including red carpet glamour, sleeping in makeup, signs of being good with money, keeping passion alive after marriage, burnout, sleep and happiness, and a good night's sleep. But we also delve deeper into some of the most pressing issues in Kenya, such as the unmasking of Agnes Wanjiru's murderer 13 years later, lecturers' strike, and lack of trust in Ruto's government.
One of the topics that has recently caught our attention is the VAT Exemption for digital payments in Kenya. In August 2025, the High Court of Kenya exempted licensed payment service providers, including Pesapal Limited, from paying value-added tax (VAT) on their commissions. This decision recognizes fintech firms as functionally equivalent to banks and financial institutions for VAT exemptions. This development is significant for the fintech industry in Kenya, as it will likely boost the growth and adoption of digital payments, particularly mobile money.
By following The Standard on WhatsApp, you'll be the first to know about these developments and much more. Our team works tirelessly to bring you the news that matters, presented in a clear and easy-to-understand format. Whether you're interested in politics, business, lifestyle, or technology, we've got you covered.
So, don't miss out. Follow The Standard on WhatsApp today and stay ahead of the curve. Your journey to a more informed and engaged life starts here.
Read also:
- EA Relies on Madden and Battlefield to Drive Microtransactions Recovery
- Expense for Creating a Digital Platform for Fantasy Sports
- AI-Enhanced Battery-Swapping Station in Southeast Asia Officially Opens Its Doors
- Honda unveils blueprint for design, advanced driver assistance systems, electric vehicles, fuel efficiency, and technology development
