July 7, 2018 IBOMLLC Team

Museveni reaffirms Uganda’s commitment to taxing social media as the platform has just been for lying and giving money to foreign companies

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Uganda’s President, Yoweri Museveni, took to Twitter to reaffirm the government recent resolve to introduce a $0.05 daily tax for Ugandans using a number of online services including social media.

In a strongly worded tweet, Museveni described social media as a “luxury by those who are enjoying themselves or those who are malicious…all the moral reasons are in favor of that tax.”

He continued to say that Ugandans used to “endlessly donating money to foreign telephone companies through chatting or even lying, to describe the profits all the multinationals in the telecommunications space are making in Uganda.

The two biggest telecom companies, MTN and Uganda Airtel are foreign-owned; the former being South African while the latter being Indian. Even the small telecom companies operating in Uganda, are to a great extent owned by foreigners, and thus most of the profits these companies make are repatriated back to their home countries.

The tax effective July 1st is pinching Ugandans in the worst way possible

Dickens Kamugisha, a charity worker in Kampala, said, “the tax is an absolute insult to Ugandans… we already buy data which the government taxes, why should we …read more

Read more here:: Museveni reaffirms Uganda’s commitment to taxing social media as the platform has just been for lying and giving money to foreign companies

      

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