Business / Agribusiness Economy

One million mobile money accounts were inactive after E-levy implementation – ISSER

About one million mobile money accounts were inactive after the implementation of the Electronic Transfer Levy in May 2022, a research by the Institute of Statistical, Social and Economic Research (ISSER) has revealed. This was from 19.1 million to 18.1 million in July 2022. Following the review, ISSER, said, the number of registered and active […]

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Business / Agribusiness Economy

Government Embarks on Extensive Redesign of the E-Levy

The government has unveiled a significant overhaul of the Electronic Transfer Levy as part of its Medium Term Revenue Strategy, demonstrating a dedicated effort to enhance the efficiency and effectiveness of this taxation policy. In May 2022, the government introduced the unpopular e-levy, a tax on mobile money transactions. Initially, it was structured as a […]

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Opinion

E- Levy should be Scrapped or not: Road Toll Returns Soon

As Road Toll returns, there is a growing debate on whether the E-Levy should stay or go. On the one hand, proponents argue that the E-Levy is necessary to fund infrastructure development and maintenance. They argue that without the E-Levy, there would be insufficient funds to build and maintain roads, bridges, and other transportation infrastructure. […]

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