WebJun 2, 2024 · A survey carried out by the Zimbabwe Independent shows that Zimbabwe’s 2% levy, known as the Intermediate Money Transfer Tax (IMTT), is far much higher compared to 0,1% charged in Tanzania, the 0,2% levied in Cameroon, the 0,5% charged in Uganda and 1,75% taxed in Ghana – where legislators came to blows in December last … WebJun 1, 2024 · Slider. By The Independent Jun. 1, 2024. The civic group Zimbabwe Coalition on Debt and Development (Zimcodd) recently said the increase in IMMT on domestic US …
Africa
WebDec 28, 2024 · However, GSMA noted that the intermediated money transfer tax (IMTT), commonly known as the two percent tax, continued to make mobile money costly. … WebJun 5, 2024 · In Tanzania, which imposed a mobile money tax last July, peer to peer transactions dropped by 38% from 30 million to 18 million a month, a GSMA study found. John Kumah, one of Ghana’s deputy finance ministers, rejected criticism that the tax was regressive. Kumah said: The e-levy is not going to be a burden on the poor. sunset today warner robins ga
Africa: Mobile money taxes risk driving poor out of digital economy
WebFriday 25 Oct 2024 |. The ongoing uptake of mobile and mobile-enabled services around the world has seen the mobile industry increase its contribution to all 17 UN Sustainable … WebOct 2, 2024 · Reserve Bank of Zimbabwe figures show 755 million mobile money transactions were processed in 2024 to a combined transaction value of ZWD18 billion ($49.7 million). The new approach increases the levy from a set ZWD0.05 per transaction, to 2 per cent of the value of each payment. WebJul 12, 2013 · Here are some main points from the report: Subscribers & the money. Econet has registered 31% percentage of Zimbabwe’s adults since launch. The number of registered subscribers outnumbers all of ... sunset today portland oregon