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Posts Tagged ‘tax’

  • The tax means Ugandans will now have to pay 200 Ugandan shillings ($0.05) a day to use popular platforms like Twitter, Facebook, and WhatsApp.

    Uganda government sued over social media tax

    July 10, 2018 • East Africa, Online & Social, Top StoriesComments Off on Uganda government sued over social media tax

    The Ugandan government recently introduced a law to tax social media users which went into effect as of July 1 2017. According to BBC, the taxes are an attempt by the government to help alleviate the country’s debt. Additionally, Ugandan President Yoweri...

  • Be prepared when it comes to retirement tax

    June 4, 2018 • Finance, Southern AfricaComments Off on Be prepared when it comes to retirement tax

    As contentious as the issue may be, the reality of life for those retiring or approaching retirement in South Africa is that savings in whatever form, including a retirement fund lump sum and tax-free investments are taxable. But forewarned is forearmed says...

  • 61 percent of consumers say social media sites pose greatest risk for exposing data

    Uganda approves social media tax

    June 1, 2018 • East Africa, Online & Social, Top StoriesComments Off on Uganda approves social media tax

    On Wednesday, May 31 Uganda’s parliamentarians approved the proposed law to tax social media users and mobile money. The controversial new law serves Ugandans who use the internet messaging services including WhatsApp to be charged a daily tax. Mobile...

  • African companies need to get ready for the GDPR

    Silver linings for smaller businesses in Budget 2018

    February 22, 2018 • Finance, OpinionComments Off on Silver linings for smaller businesses in Budget 2018

    As expected, the Finance Minister, Malusi Gigaba, and Treasury have proposed some tough measures to address South Africa’s tax collection shortfall, growing budget deficit, and new spending priorities such as free education. Higher VAT, fuel levies and...

  • The tax dilemma around Bitcoin

    Can we solve the tax dilemma around Bitcoin?

    February 5, 2018 • Finance, Opinion, Top StoriesComments Off on Can we solve the tax dilemma around Bitcoin?

    Although usually behind the global curve, South Africa seems to be keeping pace with the current Bitcoin trend. This is positive, as we are living in an increasingly digital world with it only being a matter of time before currency too, became digital. The...

  • Jakaya kikwete

    Will Tanzania’s Finance Bill stymie Internet growth?

    August 5, 2013 • East Africa, Finance, Top StoriesComments Off on Will Tanzania’s Finance Bill stymie Internet growth?

    Amendments to Tanzania’s recently passed Finance Bill 2013 has ushered in a 14,5% excise duty on all mobile airtime, mobile services, as well as landline and wireless telecommunication services. According to research Tanzanians will have to fork out more...

  • Egypt’s ministry rejects tax hikes on top-ups

    January 24, 2013 • Mobile and TelecomsComments Off on Egypt’s ministry rejects tax hikes on top-ups

    After days of frustration and complaints from customers, Egypt’s ministry of communications issued a statement attempting to clarify the recent top-ups of mobile credit for users. Vodafone Egypt has increased its rates by 15 percent, but claims it is...

  • Ugandan Revenue Authority enters MTN tax fray

    November 1, 2012 • Mobile and Telecoms, Top StoriesComments Off on Ugandan Revenue Authority enters MTN tax fray

    According to a recent report posted by The Observer, the Uganda Revenue Authority (URA) intends taking over the tax evasion case against 13 directors of MTN Uganda. This latest development is also pending the outcome of a court ruling on whether the Director...

  • Ethiopia’s taxman on call

    September 12, 2012 • Mobile and Telecoms, Top StoriesComments Off on Ethiopia’s taxman on call

    The Addis Fortune reports that the Ethiopian Revenues & Customs Authority (ERCA) has launched a multi-million Br toll-free call centre.   The facility, installed by the Tanzanian-based Techno Brain, is based at the ERCA headquarters and will be...

  • Nigerian telcos blame taxes for slow development

    March 20, 2012 • Mobile and Telecoms, Top StoriesComments Off on Nigerian telcos blame taxes for slow development

    Several Nigerian telecom operators warned they might have to increase telecoms service tariffs due to operational expenses caused by multiple taxation. They said multiple taxation was responsible for slow networks and hindered infrastructure roll-out. They...

  • MTN Uganda refuses to pay tax liability

    March 13, 2012 • Mobile and Telecoms, Top StoriesComments Off on MTN Uganda refuses to pay tax liability

    Uganda’s Revenue Authority (URA) is likely to be shaken by MTN Uganda’s refusal to pay a Shs136 billion ($55 million) tax liability. The liability includes a Shs91 billion ($37 million) penalty, placed on the company by the authority after MTN refused to...

  • Mozambique opts for Oracle technology

    July 23, 2009 • EnterpriseComments Off on Mozambique opts for Oracle technology

    Johannesburg (IT News Africa) – Mozambique’s Finance Ministry has selected software firm, Oracle, to implement its Enterprise Taxation Management system that will replace the manual registration process...

  • Econet calls for less tax on mobile equipment in Zimbabwe

    April 3, 2009 • Mobile and TelecomsComments Off on Econet calls for less tax on mobile equipment in Zimbabwe

    Zimbabwe’s largest mobile network provider, Econet, has called on the government to reduce taxes on goods like handsets and generators, saying this would assist in reviving the Information and Communications Technology (ICT) industry in the country...