Unleash, not squeeze, Uganda’s ICT sector
In July 2018, the Ugandan government imposed new taxes on the ICT sector in the form of excise duties on social media use and mobile money services. Two new excise duties were introduced: a mobile money tax of 1% on the transaction value of payments, transfers and withdrawals and a social media tax of 200 UGX per day. The excise duty on mobile money (MM) fees was also increased from 10% to 15%. The additional taxes increase the cost of both data consumption and mobile money usage and will lead to slower broadband and mobile money adoption. Immediately after the […]
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