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Wireless

Malawi mobile operators protest tax hike

Thursday 21 June 2012 | 11:33 CET | News
Malawi mobile operators have protested the hike in their sector's corporate tax to 33 percent from the normal 30 percent charged on other companies in the country, describing the move as unfair and unjustified. Finance Minister Ken Lipenga, who announced the new tax rate in the budget statement to Parliament in early June, said the tax hike was introduced in response to calls by some members of the general public during pre-budget consultations, The Business Times reported. Airtel Malawi's MD Saulos Chilima described the taxes as 'punitive', saying any proper tax regime should cut across

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Categories: Mobile & Wireless
Companies: Airtel Malawi / Macra / TNM
Countries: Malawi
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