Museveni weighs in on social media tax, lowers mobile money levy

Uganda's President Yoweri Museveni. He has lowered taxes on mobile money transactions from 1 per cent to 0.5 per cent, following a public outcry over the new excise duties. PHOTO | MONITOR | NMG

Uganda's President Yoweri Museveni has said he has lowered taxes on mobile money transactions from 1 per cent to 0.5 per cent, following a public outcry over the new excise duties, adding that it “is still a subject open to discussion.”

For social media though, Mr Museveni insists all the moral reasons are in favour of that tax.