Uganda announced Tuesday that it has so far collected Ush7 billion (about Ksh188.4 million) from newly-introduced levies on social media use and mobile money transactions.
Minister for Finance David Bahati said that although Cabinet approved a reduction of excise duty on mobile money from 1 per cent to 0.5 per cent, the drop would not affect earlier government estimates of collecting Ush118 billion (about Ksh3.2 billion) from the tax that has stirred public outrage.
