Uganda will apply from 1 July 2018, a mandatory tax on all courier services, social networks and services of “mobile money”, according to the provisions of a law approved Wednesday, May 30 in Parliament.
Indeed, the text notes that any use of a platform like WhatsApp, Facebook, Viber, Skype and the same type exposes its beneficiary to a compulsory tax of 200 shillings (a little more than 0.05 dollars) per day and 1% the sum subject of the transaction via mobile money.
According to the Ugandan government, revenue from these taxes will be reallocated to areas such as access to electricity, improved connectivity to the Internet, free education and care, and construction. public infrastructure.
Some parliamentarians believe that telecom providers already apply a levy on packages for the use of platforms like WhatsApp and the tax on mobile financial transactions would impact the income of vulnerable people, especially those living in rural areas.
According to government estimates, the new taxes are expected to generate 16.2 billion shillings a year, or 4.5 million dollars.
Trending
- Niger: BCEAO plants its flag in the Tahoua region
- The African Union facing challenges of water, security, and geopolitical issues, gathered in conclave in Addis Ababa for its 39th Summit
- Mining Indaba 2026: Lualaba aims to establish itself as a strategic hub for mining, energy, and logistics in Africa
- Insurance: 8% Increase in Sanlam Morocco’s Profit in 2025
- FTHM Consulting establishes itself in Abidjan and deploys its pan-African consulting strategy
- BAD: Sidi Ould Tah faces his first major oral examination before the heads of state of the African Union
- Cocoa: Ghana aims for industrial sovereignty through financial restructuring
- The Central Bank of Egypt lowers interest rates for the sixth time in ten months
