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Tuesday, October 8, 2019

Malawi: Mwanamvekha Withdraws 1 Percent Mobile Money Tax - As Tnm Raises Concerns - allAfrica.com

Malawi: Mwanamvekha Withdraws 1 Percent Mobile Money Tax - As Tnm Raises Concerns - allAfrica.com: Minister of Finance, Economic Planning and Development Joseph Mwanamvekha has bowed down to public pressure and announced withdraw of the proposed one percent withholding tax on non-bank mobile money transactions.

Mwanamvekha made the announcement in his 2019/20 Budget Debate winding up statement in Parliament in Lilongwe on Monday evening.

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