Players in the mobile money business have bemoaned the intention by Zambia Revenue Authority to devise ways of taxing mobile money transactions to broaden the tax base of the country.<\/p>\n\n\n\n
A mobile money operator, Nevers Sinyinza, has told Diamond News that taxing transactions will cripple their commission-based business.<\/p>\n\n\n\n
Another operator who sought anonymity says the introduction of the tax on the transaction has a potential of kicking some operators from the business which requires an annual trading permit of over 1, 600 kwacha.<\/p>\n\n\n\n
Meanwhile, Mobile Money Business Association President, Pamfred Hasweeka, says there is need to enhance sensitisation on the undertaking by the Zambia Revenue Authority.<\/p>\n\n\n\n
By Shem Malinda<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Players in the mobile money business have bemoaned the intention by Zambia Revenue Authority to devise ways of taxing mobile money transactions to broaden the tax base of the country. A mobile money operator, Nevers Sinyinza, has told Diamond News that taxing transactions will cripple their commission-based business. Another operator who sought anonymity says the …<\/p>\n","protected":false},"author":3,"featured_media":3260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","content-type":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,20],"tags":[58,39,35,32],"class_list":["post-3259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-tech","tag-community","tag-economy","tag-politics","tag-zambia"],"aioseo_notices":[],"yoast_head":"\n