Home » Tax Increase

Tax Increase

Kenyans Will Now Pay More for Internet and Calls Following New Finance Bill Ruling

Image sourced from Kenyan Wallstreet A new amendment in Kenya’s Finance Act of 2018 sought to change taxing on telephone and internet services from 15% to 20%. The change is set to go live today, 1 July. The amendment has seen criticism in the country since its first announcement because a large majority of Kenyans use their phones for both internet access and communication via SMS and calls. The country has also seen the recent adoption of many new services on mobile devices. New mobile services such as applying for a driver’s license, land transfers, paying for parking, and other licensing platforms, are but a few that will see increased taxation through usage. Techweez believes that the increased taxes will negatively affect the growth of mobile phones and internet penetration that has ...

Lagos chamber advises central bank on tackling inflation

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices. The post Lagos chamber advises central bank on tackling inflation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.