Sharp Daily
No Result
View All Result
Saturday, September 13, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Device prices set to increase for consumers as Kenya introduces blank tape levy

Brian Murimi by Brian Murimi
September 12, 2023
in News
Reading Time: 2 mins read

The Kenya Copyright Board (KECOBO) announced on Tuesday that it plans to begin collecting a “blank tape levy” on devices that can be used to copy protected content for private use, starting September 15th. 

The levy, also known as a private copying levy or blank media tax, is a government-mandated fee charged on purchases of recordable media in addition to any general sales tax.

Read more: Kenya’s Smartphone Shortage Expected to Persist as Import Costs Rise Sharply

The revenue generated will be allocated to content developers and creators as compensation for potential revenue lost due to legal private copying.

RELATEDPOSTS

Kenya copyright board orders MCSK to cease royalty collection activities

March 5, 2025

“This is to notify the general public of the commencement of the implementation of the Blank Tape Levy with effect from September 15, 2023, pursuant to sections 28(3)(6) and 30(6) of the Copyright Act and the second schedule part B of the Copyright Regulations 2020,” KECOBO said in a statement.

“Blank Tape Levy is collected on items that may be used to carry copyright-protected content for private copying payable at the point of entry into Kenya or at the point of first manufacture locally,” the agency added.

The levy will affect prices of blank CDs, DVDs, USB flash drives, smartphones, tablets, computers, audio and video recording devices, photocopiers and scanners when the devices enter Kenya or are first manufactured locally.

Read more: Court of Appeal Lifts Suspension on Finance Act 2023 After Successful Application by Government Officials

The notice did not specify the exact amount of the levy.

Such levies have existed in some countries since the 1960s and are often considered compensation for the impact of illegal file sharing, though technically they account for legal private copies made by consumers. 

The new fee aims to compensate authors, performers and producers for revenue potentially lost due to unauthorized private copying, as mandated under Kenya’s Copyright Act. 

KECOBO is a government agency created under Section 3 of Kenya’s Copyright Act, Chapter 130. It is tasked with administering and enforcing copyright and related rights within the country.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Imposing Fines Will not Protect Consumers from Cartel Conduct by Kenyan Manufacturers

Next Post

CBK increases mobile money limits to boost financial inclusion

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025

Kenya’s new banking policies: A turning point for the financial sector

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024