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Africans Fear Trend Toward Taxes on Data, Mobile Money
The telecom companies say taxes on mobile payments introduced by a string of countries hurt their revenues and threaten much-needed investment in infrastructure.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Tax on internet, mobile cash will dim ‘Silicon Savannah’ dream
Kenya is a rising star in ICT and is fondly referred to as the “Silicon Savannah”. ICT exhibits potential to be a key player in turning around an overburdened economy and could even haul Kenya into industrialisation. Over-taxing it is hardly the way to run around the wheel and reinvent growth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: Digital Will Influence $4 Trillion in Retail Purchases in Emerging Markets by 2022
Half of the population in emerging markets worldwide is now connected to the internet, the report says—a stunning increase from 2010, when fewer than a quarter of those in emerging markets were online. In addition, by 2022, nearly 900 million more emerging-market consumers will be online, versus just 80 million new internet users in developed markets.
- Source
- Press release
- Categories
- Technology
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Clickatell and UBA launch chat banking in Nigeria
Clickatell, an authorised WhatsApp business solution provider, has announced that United Bank for Africa (UBA) will be going live with their chat banking solution – Leo on WhatsApp
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Benin is the latest African nation taxing the internet
The new law has been denounced, with citizens and advocates using the hashtag #Taxepamesmo (“Don’t tax my megabytes”) to call on officials to cancel the levy. The increased fees will not only burden the poorest consumers and widen the digital divide, but they will also be “disastrous” for the nation’s nascent digital economy, says ISF’s executive director Julie Owono.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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