Mobile Money Transaction Tax Now in Effect After National Budget Announcement
Posted inFeature Mobile Tech Business

Mobile Money Transaction Tax Now in Effect After National Budget Announcement

The tax levy on mobile money transactions, outlined in Finance and National Planning Minister Situmbeko Musokotwane's 2024 national budget presentation, has now been activated. Musokotwane initially introduced the levy on September 29, 2023, with a fee structure ranging from eight ngwee to K1.80 based on the transaction value for person-to-person mobile money transfers.
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Government to Restrict Branding for Online Hailing Taxis
Posted inMobile

Government to Restrict Branding for Online Hailing Taxis

Frank Tayali, the Minister of Transport and Logistics, has revealed plans to enact a Statutory Instrument (SI) next year aimed at limiting the branding of vehicles used by online hailing taxi services. Speaking on the Let the People Talk program on Friday, Mr. Tayali explained that the forthcoming SI will prohibit online hailing taxis, including popular services like Yango and Ulendo, from displaying external branding or advertisements on their vehicles.
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