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Check also: Museveni Ordered Telecom Companies To Reimburse 1% Mobile Money To Owners
President Yoweri Kaguta Museveni just of recent signed this bill into law but it wasn’t put into effect immediately by telecom companies and remained cutting 1% from their customers and this was totally unfair.
But due to mounting pressure from fellow members of parliament, the state minister for finance was called in the parliamentary to be able to explain what’s taking the bill so long to be put in place and that’s when he ascertained the situation saying the bill will be put in effect come today (Friday).
“The effectiveness of the bill will start Friday just as the president agreed to the bill as put in the constitution” minister Bahati said.
The mobile money tax was passed this year by members of parliament receiving countrywide disapproval’s since the tax just in one day had put several mobile money agents out of business for barely making a single profit from this business.
Minister David Bahati went further to say the government projects to collect shs 115 billion from the mobile money tax and the sum will help in financing next year’s budget.
The president had earlier on asked Telecom companies to refund customers who had been deducted the 1% which he called a mistake.
Check also;
- The Gov’t Avoids Social Media Tax Discussions Bobi Wine
- Police Clashes With MP Bobi Wine, And Other Activists Over Social Media Tax Protest
- Ugandans Should Get Used To Social Media Tax – Museveni
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
