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Facebook threatens to scrap investment over Ugandan tax

Tuesday 7 August 2018 | 12:07 CET | News
Facebook has warned it will hold back plans to invest millions of dollars in infrastructure in Ugandan because of the recent introduction of social media tax, reports the EastAfrican. Kojo Boakye, Africa public policy manager at Facebook, said it has told the Uganda Communications Commission that it will be taking its investments elsewhere. Boakye said the model on which it based its investment plan in Uganda will be affected by the tax.

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Categories: Internet
Companies: Airtel Uganda / Facebook / Jumia
Countries: Uganda
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