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Why State wants to spy on your mobile money transactions

Fashion and Beauty
 M-Pesa accounts for about 99.9 per cent of the value of mobile money transactions. [File, Standard]

The National Treasury says it will integrate the Kenya Revenue Authority (KRA) information technology systems with those of telecommunication companies such as Safaricom and Airtel to monitor customers' mobile money transactions and nab tax cheats.

This is part of President William Ruto's new grand plan to broaden the country's tax base by catching tax evaders and raising revenue to enable him to deliver on his raft of rosy pledges over the next financial year.

The plan will see KRA move to seal all revenue leaks and boost State coffers by widening the tax bracket to enable the new administration to wean itself off reliance on public debt and implement its campaign manifesto.

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