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Safaricom Hikes Home Fibre Prices Amid New Excise Duty Taxes

N

Nyakundi Report

Newsroom 1 min read

This archive report was first published on 8 July 2021.

Published on July 8, 2021, Safaricom has adjusted its Home Fibre prices to align with the new 20% excise duty introduced by the government. The revised prices are effective for all customers starting the new month.

The new prices reflect the additional tax, with all current Home Fibre bouquets affected. The table below compares the old and new prices:

The company has no choice but to implement the price changes, citing the new taxes as the reason. The government is ultimately responsible for the increased costs.

It remains to be seen how customers will react to the price hike, especially considering the recent doubling of speeds and introduction of fair usage policies by Safaricom.

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