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Africell obtains 8 years of tax reductions to fund Angolan expansion

Thursday 29 July 2021 | 09:45 CET | News
Angola's fourth mobile operator Africell has secured tax incentives including a reduction of the final rate of Industrial Tax to 3.5 percent for a period of eight years, ITWeb reported. Minister for Telecommunications, Information Technology and Media Manuel Homem said the contract with Africell includes a programme for coverage between urban centres and rural areas, with a target of 60 percent coverage of urban areas within eight years of operation.

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Categories: Mobile & Wireless
Companies: Africell
Countries: Angola
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