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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