<\/p>\n\n\n\n
The Private Sector Development Association (PSDA) says the introduction of a levy on person-to-person mobile money transaction may discourage uptake of mobile money services. <\/p>\n\n\n\n
PSDA Chairperson Yusuf Dodia says if implemented, the measure may undermine efforts being made to promote financial inclusion. <\/p>\n\n\n\n
Meanwhile, the Payments Association of Zambia is of the view that the proposed level may negatively impact government\u2019s agenda of building a digital economy. <\/p>\n\n\n\n
In the 2024 national budget, Financial and National Planning Minister Dr. Situmbeko Musokotwane proposed a levy of between 8 ngwee and K1.80 on the transaction value for person-to person mobile money transfers.<\/p>\n\n\n\n
By Wendson Mavoro <\/p>\n","protected":false},"excerpt":{"rendered":"
The Private Sector Development Association (PSDA) says the introduction of a levy on person-to-person mobile money transaction may discourage uptake of mobile money services. PSDA Chairperson Yusuf Dodia says if implemented, the measure may undermine efforts being made to promote financial inclusion. Meanwhile, the Payments Association of Zambia is of the view that the proposed …<\/p>\n","protected":false},"author":3,"featured_media":3941,"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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[30],"tags":[58,32],"class_list":["post-5500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","tag-community","tag-zambia"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t