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President Museveni Orders Refund of Mobile Money ‘Error’ Tax in Uganda

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President Yoweri Museveni has ordered the refunding of 1% percent mobile money tax paid by Ugandans.

In a statement issued on a social media platform , Museveni insists that the 1 per cent tax which he ordered to be reduced to 0.5 percent last week was passed in error and he signed the bill knowing it had an error.

The mobile money tax and social media tax which triggered massive outcry were effected at the start of 2018/19 financial year.

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“I signed the law with the error because we could not delay the other measures. However, parliament, when it reconvenes, will be requested to correct it. The ones whose deductions had been made on the basis of 1% should have their money reimbursed,” said Museveni.

Apart from salary earners and those who use banks, Museveni said the earnings of many other Ugandans are not known. He revealed that each day, $52 million moves around in the form of mobile money that translates into $19 billion a year.

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24 Hours Across Africa

Abiy Ahmed wins the 2019 Nobel Peace Award

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Ethiopian Prime Minister Abiy Ahmed won the 2019 Nobel Peace Prize for immersly efforts to end two decades of hostility with longtime enemy Eritrea.

Though Africa’s youngest leader still faces big challenges, he has in under two years in power begun political and economic reforms that promise a better life for many in impoverished Ethiopia and restored ties with Eritrea that had been frozen since a 1998-2000 border war.

“We are proud as a nation,” the prime minister’s office said in a statement, hailing a “collective win for all Ethiopians, and a call to strengthen our resolve in making Ethiopia – the new horizon of hope – a prosperous nation for all.”

It said the prize was meant to recognize “all the stakeholders working for peace and reconciliation in Ethiopia and in the East and Northeast African regions.”

The Nobel Committee’s decision appeared designed to encourage the peace process, echoing the 1994 peace prize shared by Israeli and Palestinian leaders and the 1993 award for moves towards reconciliation in South Africa, said Dan Smith, head of the Stockholm International Peace Research Institute.

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