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Friday, February 7, 2025
WorldUgandan MPs halve mobile money tax

Date:

Ugandan MPs halve mobile money tax

MPs in Uganda have once again backed a controversial tax on using mobile phone banking but have halved the levy to 0.5%.

They have also now put it on cash withdrawals only rather than all transactions.

But no change has been made on the 200 Uganda shilling ($0.05, £0.04) daily tax on the use of social media.

The introduction of the taxes, to help curb a budget deficit, was met a big outcry led by the musician-turned-MP Bobi Wine.

Read: Ugandan MP Bobi Wine shares ordeal of return day drama

He has been tweeting about Tuesday evening’s decision.

He said that the MPs have ignored the voice of the people.

But MPs who have backed the measure argued that it was important to find new ways to raise revenue and reduce the amount of government borrowing.

Read: Ugandans attack government officials at funeral of slain police chief

Bobi Wine, who travelled to the United States recently to seek specialized treatment for injuries he suffered during military detention in Uganda, is on a mission to seek justice for the torture of opposition supporters who were caught up in election chaos in the West Nile town of Arua.

Source: BBC

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