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).
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
The Democratic Republic of Congo and Angola will hold their third bilateral economic forum from March 31 to April 3 in Kinshasa. The forum will focus...
Burkina Faso ratified a $80.3 million loan from the African Development Bank to modernize transport infrastructure. The project targets road...
The European Union launched PanAfGeo+ Invest to promote EU investments in critical minerals across Africa. The program targets Democratic Republic of...
Tshisekedi orders Grand Inga agreements finalized within 60 days Government to adopt legal framework to unlock World Bank support Inga 3...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...