Uganda’s “regressive” social media tax may cost its economy hundreds of millions of dollars

The duties have already contributed to a decline in mobile money transactions. Operators also reported a drop of 20% in subscribers using data since the imposition of the social media tax (many users have been getting around the levy by using virtual private networks). Factoring in both the economic impact of broadband penetration and the price elasticity of mobile internet use, Research ICT Solution says the ad hoc fees could cost the Ugandan economy $750 million this year alone.

Full story: Quartz Africa

 


 

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