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Mobile money tax finally reduced from 1% to 0.5% on withdraws

Mobile money tax was called in on July 1st as Uganda's tax savior with OTT tax matching the right coordinates for maximum targets every month. Since then, the drama around mobile money tax has unfolded from 1% to 0.5% alterations ending in verbal exchanges. However, the long leaned battle is no more as the slain tax has finally been slashed to 0.5% as confirmed by Uganda's State minister for finance

Jumia kicks off its Black Friday deals with discounts of up to 50% on smartphones

Jumia is a cross-site company and it's offering amazing deals on all its services from travel to food and drinks. For Jumia market which doubles as the biggest online shopping website in Uganda has sparked off its black Friday deals with ballistic discounts of up to 50% on smartphones. Imagine if you could get a smartphone for as low as UGX 100,000, yes that could be the Fero A4001 plus or more

URA has collected UGX 103 Billion from mobile money tax in 3months

Mobile money tax was introduced as a financial boost to the 2018/19 budget in July. 3 months down the road, the Uganda revenue authority (URA) has revealed a jointly collected figure clocking to 103 billion shillings. This comes at a time when the president ordered the ministry of finance to slash the 1% tax to 0.5% though no changes have been made so far

Samsung’s foldable smartphone runs a special Android version

Samsung is releasing a foldable smartphone, everyone is excited! Are you? Diving into the paradoxical features expected on such a blog buster. Samsung mobile will be unveiling its first ever foldable smartphone sometime in November during the Galaxy S10 launch. Among the features everyone is excited to see, the foldable feature is just a drop in the ocean

The Kenyan Government is planning to regulate Whatsapp, Facebook and all OTT services

Over the Top services (OTT) as commonly known in the Ugandan and Zambian circles for the tax hiked on them are a key Government's focus to earn extra GDP figures. Well, Kenya now has plans to implement a new OTT law different from what we already know through its communications commission

OTT tax can now be valid for 24hrs at the same rate of UGX 200 in Uganda

Over the top (OTT) tax was introduced in July amidst a public protest on the state of social media usage in Uganda. As much as OTT Tax was initially unveiled with a 12-hour validity period, Telecoms have now revised this period to 24hours

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