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Africa's Mobile Money Taxes Risk Driving Poor Out of Digital Economy

• Mobile money helps Africa's poor access financial services
• Continent accounts for 70% of transactions by value
• Taxes seen pushing marginalised out of digital economy
By Kent Mensah and Nita Bhalla
ACCRA/NAIROBI, May 25 (Thomson Reuters Foundation) - Ghanaian grocery store owner. ....

Nairobi Area , Coted Ivoire , Greater Accra , Ivory Coast , Angela Wamola , Kent Mensah , Nita Bhalla , Brenda Vitute , John Kumah , Helen Popper , Kinyanjui Mungai , Kieran Guilbert , International Monetary Fund , Centre For Financial Regulation , World Bank , United Nations , Thomson Reuters Foundation , Comfort Ankrah , Saharan Africa , Thomson Reuters , Congo Republic , Financial Regulation ,

Africa's Mobile Money Taxes Risk Driving Poor Out of Digital Economy

• Mobile money helps Africa's poor access financial services
• Continent accounts for 70% of transactions by value
• Taxes seen pushing marginalised out of digital economy
By Kent Mensah and Nita Bhalla
ACCRA/NAIROBI (Thomson Reuters Foundation) - Ghanaian grocery store owner Comfort. ....

Nairobi Area , Coted Ivoire , Greater Accra , Ivory Coast , Angela Wamola , Kent Mensah , Nita Bhalla , Brenda Vitute , John Kumah , Helen Popper , Kinyanjui Mungai , Kieran Guilbert , International Monetary Fund , Thomson Reuters , Centre For Financial Regulation , World Bank , United Nations , Thomson Reuters Foundation , Comfort Ankrah , Saharan Africa , Congo Republic , Financial Regulation , Reuters Messaging ,

Africa's mobile money taxes risk driving poor out of digital economy

Cash-strapped African nations are rolling out an e-levy on mobile money transactions to boost revenues, but the policy could hurt the poorest as the cost of living rises and reverse impressive gains made in boosting economic inclusion. ....

Nairobi Area , Coted Ivoire , Ivory Coast , Angela Wamola , Brenda Vitute , Kinyanjui Mungai , John Kumah , International Monetary Fund , Centre For Financial Regulation , World Bank , United Nations , Thomson Reuters Foundation , Comfort Ankrah , Saharan Africa , Thomson Reuters , Congo Republic , Financial Regulation ,