0
Wireless

Airtel Uganda implements 0.5% mobile money tax

Monday 19 November 2018 | 11:09 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Airtel Uganda has announced and implemented a reduction in the mobile money tax from 1 percent to 0.5 percent, only applicable to withdrawals.  This follows the President's assent to the Excise Duty (Amendment) (No.2) Bill 2018, which amends the rate of 1 percent on all transactions, to 0.5 percent on withdrawals alone. Airtel Uganda MD V.G. Somasekhar expressed gratitude to the government, parliament and other authorities for being responsive to feedback from mobile money users and agents. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Uganda
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

MTN Uganda raises mobile money charges

Published 11 Apr 2019 11:51 CET | Uganda
MTN Uganda has increased mobile money charges between 5 and 10 percent, affecting transactions on cash withdrawal, making ...

Airtel Uganda announces full 4G coverage on every site

Published 14 Feb 2019 10:43 CET | Uganda
Airtel Uganda has announced the availability of nationwide 4G connectivity following the complete modernisation of its network. ...

Uganda's mobile money volumes to rise to UGX 871 bln by December after cut in tax

Published 20 Nov 2018 11:30 CET | Uganda
Uganda's telecom operators expect increased mobile money activity, with transaction volumes projected to reach about UGX 871 ...

MTN Uganda implements reduced mobile money tax

Published 19 Nov 2018 11:06 CET | Uganda
MTN Uganda has implemented the tax revision for mobile money transactions, which lowered it from 1 percent to 0.5 percent on ...

Ugandan president signs social media, mobile money tax amendment bill into law

Published 08 Nov 2018 09:19 CET | Uganda
Ugandan President Yoweri Museveni has signed into law an excise duty amendment bill concerning mobile money tax and the daily ...

Ugandan government has still not implemented cut in mobile money tax to 0.5%

Published 24 Oct 2018 10:57 CET | Uganda
The Ugandan government is still to implement the amended law after parliament cut the 1 percent mobile money tax to 0.5 percent, ...

Airtel Uganda refunds 1% mobile money tax

Published 30 Jul 2018 11:21 CET | Uganda
Airtel Uganda has started refunding customers who paid the 1 percent mobile money tax, reports The Observer.  The tax on mobile ...

Uganda govt will review social media, mobile money tax

Published 12 Jul 2018 09:32 CET | Uganda
Ugandan Prime Minister Ruhakana Rugunda said the government is going to review the recently imposed social media and mobile money ...

Ugandan telecom operators start charging social media tax on 01 July

Published 02 Jul 2018 10:05 CET | Uganda
Ugandan telecom operators have started applying the new government tax on social media accounts before users can access them, ...





Calendar   /   Industry Events

26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Bharti Airtel fiscal Q2
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct GSMA Thrive North America
28 Oct Belden Q3 2020
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Ooredoo Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct Cognizant Q3 2020
28 Oct Telecoms World Asia 2020
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Poly fiscal Q2
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Motorola Solutions Q3 2020
::: More Calendar Items