In April 2024, Orange, a competitor of Telecel, was confronted by the government after the company increased transaction fees on its mobile money platform in response to a new 1% tax.
The Ministry of Finance and Budget has closed the offices of mobile operator Telecel Centrafrique, according to local media reports. The telecom company is accused of failing to pay taxes amounting to about 2.7 billion CFA francs ($4.4 million).
Local media report that Telecel has shown no intention of paying the 7% tax on final calls imposed by the government in the 2023 finance law, which came into effect in February 2024. Five months later, the operator's bill stands at 689 million CFA francs. Additionally, unpaid taxes are amounting to about 2 billion CFA francs.
If this situation persists, it could affect the quality and availability of Telecel's services in the Central African Republic. On social media, the company's customers have been complaining about poor service quality for several days. This could lead them to switch to competitors.
Telecel Centrafrique claims to be the "market leader in subscriber numbers and revenue." It competes with Orange, Moov Africa, and the historical operator Socatel in a market of about 1.8 million mobile subscribers (DataReportal).
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....