BUSHENYI RESIDENTS EXPRESS DISSATISFACTION OVER SOCIAL MEDIA, MOBILE MONEY TAXES

Posted On 02 Jul 2018

By : mk

Post Views: 1,003

2nd July 2018
By Ambrose Katooto
www.mknewslink.com
In Bushenyi
A section of Ugandans in Bushenyi district have expressed dissatisfaction following the new social media and 1% mobile money taxes which came into effect on Sunday July 1.
According to the president’s estimation, the government is projecting
to collect Shs 284 billion from the measures.
Most of the residents who spoke to www.mknewslink.com blamed government for what they are calling double taxations and inconsiderate policies.
Only a few of them are agreeing with the principle behind the new taxes saying they are developing the country.
Amon Gumanawe, an agent of Mobile money in the newly created Kizinda
town council, says it will exclude the majority of Ugandans from financial transactions. He urged that it should be at least reduced.
Mackline, another mobile money agent in Ishaka town says the 1% tax on
mobile money is costing them customers because most of their customers
are businessmen and women within town who will now use easy access of
banks around.
She adds that the 1% tax will force them quit the only small business
that has been earning them a living.
Melia Ninsima, a student at Bishop Stuart University who hails from
Ishaka says taxes discourage deepening financial inclusion and noted that she is likely to quit what’s app.