Proposed 1% mobile money tax causes stir – The Nation Online: he proposed one percent withholding tax on non-bank mobile money transactions threatens the financial inclusion agenda as the cost of the service will likely rise.
Law lecturer at University of Malawi’s Chancellor College Sunduzwayo Madise, who has written a number of papers on mobile money, argued that instead of using mobile money services to empower the rural masses and the unbanked or under-banked, the tax will now disempower them.
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