Charlie Denzel Mwiyeretsi, a presenter on Urban TV and XFM has strongly disregarded the importance of the newly fixed mobile money and social media taxes. The former Big Brother Africa housemate has vowed to boycott the taxes until something is done.

Denzel Mwiyeretsi is a media personality who is known for speaking his mind. Different Ugandan celebrities, as well as the general public, have been making their voices heard as regards the new mobile money and social media taxes that were fixed by the government on Sunday 1st July. Most, as you already know, are against the new taxes with the argument that the taxes are aimed at exploiting Ugandans.

The new tax on mobile money was fixed by government in its pursuit of hitting Shs 16.2 trillion revenue as the set target for the financial year 2018/2019. A 1 per cent tax on mobile money deposits, withdrawals and payments was instituted and it simply means that when a mobile money agent deposits Shs 20,000 on your money account, you incur Shs 200 as tax. When you send Shs 20,000, you incur Shs 200 as tax and to withdraw Shs 20,000, you still incur Shs 200. This is besides the total cost of Shs 2500 that you will pay as sending and withdrawal charges.

The Urban TV presenter, through a screenshot shared on his social media platforms, says he would rather support the Boda-Boda industry and have someone physically collect money, than using mobile money which charges even higher taxes with the newly fixed mobile money tax.

Denzel, a former Big Brother Africa housemate also urges fellow Ugandans, those who share similar thoughts, to join hands and make a difference together.

Below is Denzel’s screenshot;

What do you think of the new mobile money and social media taxes?

Read Also: It is daylight robbery – Celebrities react to the social media tax 

Josh Ruby is an Editor with high interest and knowledge in the Ugandan entertainment space, an industry he has been actively part of since 2010. Leads to breaking stories are welcome!

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