KDCCI opposes increased airtime excise duty

By Edith Mwale, Lusaka, Zambia

The Kitwe District Chambers of Commerce and Industry (KDCCI) has warned that the Zambian government’s decision to increase excise duty on airtime will increase the cost of doing business in the country.

During the presentation of the National budget last week, Finance and National Planning minister Alexander Chikwanda said duty on airtime has been increased from 10 to 15 per cent.

In opposing the increase in airtime duty, KDCCI president Raj Karamchand said because most transactions were done via mobile phone, excise duty on talk-time should have been reduced further to support this.

“The pronouncement that there has been an increase in excise duty on talk-time by five per cent is unwelcome as this move will hike the cost of doing business because most transactions today are done via mobile phone,” Karamchand said.
Chikwanda said the increase in excise duty on talk time will be effective January 1, 2014.

 

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