jeudi 20 juin 2013

On the proposed 10% tax on mobile money transactions in Uganda

On the proposed 10% tax on mobile money transactions in Uganda

Comments "Everyone is impatient to gain money in mobile... Governments too"

Extract "Last week the Ugandan Finance Minister, Ms Maria Kiwanuka announced that Uganda is considering introducing a 10% tax on all mobile money transaction fees.  The government said to expects to generate Shs32 billion (US$12 million) annually from the tax.  Despite the potential revenue gains for the government, this tax risks doing more harm than good."

Link to the full story here

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