Uganda social media tax to be reviewed

Ugandan Prime Minister, Ruhakana Rugunda, announced that the government would review the daily tax charged for use of over-the-top services (OTTs). Enacted as part of the country’s annual finance laws, the daily social media tax of 200 Ugandan shillings (USD$0.05) took effect on 1st July. The government aims to use the revenue from the tax to solve social problems caused by the increased use of social media. Meanwhile media reports indicate that mobile money transactions in the country have been on the decline since introduction of social media and mobile money taxes. The Central Bank has called for the removal of the taxes.