“We Are Not Targeting M-Pesa!”- CS John Mbadi Clears Air On Proposed Digital Taxes In Finance Bill 2026

National Treasury Cabinet Secretary John Mbadi has moved to reassure anxious citizens that the government will not impose any new or extra charges on M-Pesa transactions under the contentious Finance Bill, 2026. Speaking during an open public engagement forum at Jevanjee Gardens ..

✨ Key Highlights

National Treasury Cabinet Secretary John Mbadi has clarified that the proposed Finance Bill, 2026 will not introduce new taxes on M-Pesa transactions, aiming to alleviate public concerns.

The proposed digital taxes specifically target multi-billion dollar foreign digital card companies, not mobile money users.
CS John Mbadi stated that discussions were held with Safaricom to explain the taxation framework.
The government intends to capture taxes from non-resident financial service providers, such as international card payment processors like Visa, who currently repatriate revenues without paying local corporate taxes.

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