12
Jan
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Kifiya Financial Technology Plc (KFT) is working with ethio-telecom to introduce an electronic airtime distribution service. This will be designed to be a cheaper replacement of the existing scratch cards used for prepaid mobile customers. […]
10
Jan
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The new Value Added Tax (VAT) rate of 17.5 per cent has taken effect. This followed the presidential assent given to the VAT Act 2013 (Act 870) on December 30, 2013 […]
06
Jan
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As the Treasury plans to register more than 200,000 new Electronic Fiscal Device (EFD) holders this year, the gadgets may soon be blocked by court action following a query by Tanzania Taxpayers’ Association. […]
03
Jan
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When Rwanda Revenue Authority (RRA) introduced electronic billing system in February last year, it was after assessing and weighing several pros against the cons of the system. […]
02
Jan
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Shops and other businesses in the city of Mwanza have reopened after three days of strike in a protest over what traders described as government institutions’ discrimination and ill-treatment of business people generally. […]
02
Jan
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Rwanda Revenue Authority (RRA) announced the withdrawal of administrative privileges from all Value Added Tax registered taxpayers who did not comply with the first deadline […]
01
Jan
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The regulation that requires all business people with an annual turnover of above 14m/- to instal an Electronic Fiscal Device (EFD) comes into effect today. Non-compliers by February 1, 2014 risk prosecution and a maximum one-year jail sentence. […]
29
Jul
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A |
Mobile Money will offer a rewarding opportunity in terms of revenue for the people in its ecosystem both in the near future and over the long term. […]
29
Jul
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The Somali traders in Mogadishu’s markets have long faced down Islamist rebels and warlords demanding money. Now they say there is a new predator: the government tax man. […]
29
Jul
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A |
Tata Consultancy Services (TCS), India’s largest IT services provider, today announced that it has won a three year contract from the Zambia Revenue Authority […]
26
Jul
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A |
There are too many tax avoidance schemes being pursued by taxpayers in Africa, with Value Added Tax (VAT) being the most vulnerable […]
23
Jul
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The noose is tightening around tax evaders. This comes as Kenya Revenue Authority (KRA) plans to install enhanced Electronic Tax Register (ETRs) machines by end December. […]
19
Jul
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Mobile and internet-based transactions have for the first time surpassed card payments after registering a 28,3% growth in the month of May as more account holders turn to the convenience of mobile banking.[…]
17
Jul
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A |
The Kenya Revenue Authority (KRA) has announced a 13.2 percent revenue growth of Sh93 billion (overall) and Sh88 billion (Exchequer) in the year 2012/2013 compared to 11.4 percent growth in the previous year. […]
09
Jul
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A |
The Tanzania Revenue Authority (TRA) will embark on an educational programme for Small and Medium Entreprenuers (SMEs) on the importance of using the Electronic Fiscal Devices (EFDs) […]
01
Jul
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Malawi has announced a commitment to increasing the use of electronic based money services. Malawi’s primary goals in shifting to e-money are […]
14
Jun
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A |
Uganda is to impose a 10% tax on cash transfers by mobile phones and other money transfer operators. International remittances from Ugandans living abroad are also affected. […]
13
Jun
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A |
The Kenya Revenue Authority ( KRA) is in the process of moving its tax system from a physical filing platform onto an electronic platform. […]
10
Jun
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A |
Recently, Rwanda Revenue Authority (RRA) introduced the Electronic Billing Machine (EBM), a mechanism that benefits both the tax payer and collector. […]
04
Jun
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Various economies of the world are moving from the use of cash to a situation where digital is applied. Is Ghana ready for this new revolution? FRED YAW SARPONG report. […]
20
May
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A |
This week Kenya kicked off the process of setting up a National Public Key Infrastructure (PKI). Many may ask what PKI is, it a system of digital certificates, certificate authorities […]
28
May
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A |
The government is developing a new plan to counter cyber crime to secure digital transactions and content and encourage investments in internet infrastructure, Permanent Secretary Bitange Ndemo has said. […]
07
May
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In accordance with the new law on value-added tax, all VAT-registered businesses in the country will have to adopt a new transaction registration system based on Electronic Billing Machines. […]
03
May
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Tanzania Revenue Authority (TRA) yesterday introduced ‘a car prize’ promotion to encourage traders to use Electronic Fiscal Display (EFDs) machines in their businesses. […]
01
May
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The Tanzanian government expects to collect 600 billion shillings ($370 million) a month after a new tax system expanding the use of electronic tax register (ETR) machines takes effect on May 15th. […]