13 JULY, 2021
Appropriate morning ☀️ ️
Twitter has appointed a Criticism Officer in India who will work with the manager to apply the nation’s modern digital principles. Appears delight in both parties have stumbled on a center flooring.
In this day’s edition:
- Ghana Chronicles
- Centre Stage
- Telecom operators are trapped in Africa’s web shutdown
- Flutterwave and 9 others had been denied tax holidays
Monday started off with a take a look at with to Ato Bentsi-Enchill, a director at Dusky Adam Africa Capital Administration. He helps international merchants produce and habits due diligence on possible targets for investment and enables African corporations to amass their corporations to salvage entry to exterior financing.
We had an even conversation which ended with a meal of Crimson red (beans porridge and plantain).
That’s rice balls and groundnut soup. Rice balls in Nigeria is named Tuwo shinkafa while in Ghana it’s Omo Tuo.
Can you characteristic the adaptation in these photos?
The first image is the Uber app in Nigeria, while the 2nd is the Uber app in Ghana.
Programs: Americans already utilize Uber to send and receive applications so Uber added the likelihood to plot that. The adaptation whenever you salvage out the equipment likelihood is that there are two steps sooner than you would possibly well perhaps presumably also input the contend with. You first trace whether or no longer you could send or receive the equipment then you definately present the opposite particular person’s name and salvage in touch with number. A good skill to manufacture definite the sender/receiver doesn’t neglect to input predominant recordsdata.
Later in the day, I met up with Foster Akugri who wears many hats in the Ghanaian tech community. He’s the founder/president of Hacklab Foundation and Manager of Stanbic Commerce Incubator, amongst many other things. Expecting Hacklab foundation rising its lustrous work to Nigeria and other African countries.
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Telecom operators are trapped in Africa’s web shutdowns
There’s indirectly something unifying many African countries and it’s no longer our love for jollof rice, no topic the variant.
Since 2020, on the least 11 African countries have had their web shutdown. From Ethiopia to Benin, Zimbabwe, Sudan and no longer too long up to now, Eswatini, governments all around the continent are restricting their residents’ salvage entry to to the online, and it’s all attributable to predominant opposition.
It’s easy that social media has its faults however in recent years in sure African countries, it’s helped foster positive conversations and criticisms on misgovernment. These oppositions have no longer been smartly bought, and in some circumstances, they’ve resulted in a partial or total shutdown of web services and products which has in turn led to loss of lives and livelihood.
Who’s in fee?
Some disclose it’s the manager who provides the teach that’s in fee.
Others level fingers on the implementers, telecom operators. If a governmental teach is unconstitutional or unlawful, then it needs to be lustrous easy for telecom operators to refuse its utility, and jam any sanctions to courtroom, correct?
Well it’s no longer that straightforward, in particular brooding about that most of the governments, in the first event, employed autocratic powers and felony loopholes in enforcing the shutdowns.
So is there any hope for telecom corporations?
In Zimbabwe, Sudan, Togo and even Eswatini, courts have played a characteristic in gripping the implementation of web shutdowns. Telecom corporations take a few of the greatest hits by skill of shutdowns and it’s of their easiest curiosity to jam actions that negatively have an affect on their services and products.
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FLUTTERWAVE AND NINE OTHERS DENIED TAX HOLIDAY
What days plot tax holidays tumble on and who will get them?
After I heard that Flutterwave and 9 others didn’t salvage a particular tax holiday, that quiz got right here to thoughts.
Tax holidays are incentive programs by governments that present corporations a reduction in taxes. They are former to foster enhance and investment in corporations or back gross sales obviously items. There are assorted tax holidays.
Which tax holiday are we regarding right here?
The Pioneer Plan Incentive.
In 1971, Nigeria established the Pioneer Plan Incentive (PSI), a tax holiday that enables sure industries and corporations to bypass rate of company income tax for as much as 5 years.
For corporations to qualify for PSI, they have to belong to sure industries including Verbal exchange, Commerce, Slay Administration, and Monetary Companies and products. Applicants have to additionally say that their corporations whisper obvious affect and that they have gotten got long-term sources worth ₦100 million.
Flutterwave fits the profile so why wasn’t it allowed to take this tax holiday?
The Nigerian executive, in a Nigerian Funding Promotion Commission (NIPC) report, explains that of the 9 corporations denied the tax holiday, 5 had been rejected because their tasks had been incompatible with the plot while Flutterwave was once denied because it missed the submission window. Now that’s slightly a omit!
Be taught extra: Flutterwave and 9 others denied tax holidays
Written by – Daniel Adeyemi & Timi Odueso
Edited by – Daniel Adeyemi