The Rwandan government is reportedly planning to increase its tax on telecoms services from 1 July 2014, in a bid to plug a budget gap, All Africa reports. Under a bill tabled in the Lower House of Parliament last week, the telecoms tax rate will increase from 8% to 10%, with the move forecast to generate RWF2 billion (USD2.95 million) for government coffers in fiscal 2014/15. Minister Kanimba told ministers that the government had consulted telecoms companies and that they had agreed to have their excise tax increased, with Richard Tusabe, Commissioner General of Rwanda Revenue Authority (RRA), saying that the ‘minimal increase’ is too low to negatively affect consumers. However, Yvonne Makolo, marketing manager at MTN Rwanda, said in a brief statement sent to local media, that the increase in excise tax will definitely have consequences. She added: ‘The increase in excise tax from 8% to 10% will have an impact on the business since it applies to all airtime services (both voice and data).’
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors