Battle lines drawn as MPs vote afresh on 0.5% Mobile Money tax today
Tempers are expected to flair today when Members of Parliament vote on the proposed 0.5% mobile money tax which is contained in the Excise Duty Amendment Bill No. 2.
Voting on the Bill flopped last week over lack of quorum after both the majority and minority reports were presented.
However, the vote today in the House is expected to be closely contested given that a number of MPs from the ruling NRM party are backing their Opposition counterparts to scrap the tax on Mobile Money.
The MPs opposed to the bill contend that there is no law to regulate the use of Mobile Money; mobile money services are already faced with huge transaction fees and that the sector risks causing a surge in unemployment levels in the country once an unpopular tax is introduced.