Pambashe PF Member of Parliament Ronald Chitotela says the introduction of the Mobile Transaction Levy will shrink the country’s revenue stream. But Finance and National Planning Minister Dr Situmbeko Musokotwane says it is not the first time that poor people will be made to pay taxes. Debating the bill which was read for the second time In the National Assembly last week Friday, Chitotela said the introduction of many taxes would discourage people from participating in the financial sector. “Madam Speaker, I oppose the introduction of the Mobile Transaction levy. I am wondering [why] even the committee chairperson [was] saying we are supporting with reservation. But if the bill is not supported by the stakeholders whose laws we are making,...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe