A tax tribunal has found that the Kenya Revenue Authority erred in seeking to have taxes paid by M-Kopa from their Sh1.4 billion bad debts.
The tax man wanted the tribunal to compel the company to pay taxes from the money that they said they had been unable to recover due to Kenyans failing to pay for the products that they offer on loan.
M-Kopa retails in solar-powered home lighting solutions, phones, radios, and other related products.