Two of Sierra Leone’s major mobile networks Africell and Orange have announced the introduction of GST tax addition for any Money transfer done.
The mobile companies disclosed this in an SMS sent to some subscribers this week.
Mobile money is very popular in Sierra Leone especially in rural areas where access to banks are limited.
One Africell subscriber shared with Sierraloaded the notification which read, “Dear Customer, please note that in compliance with the new Finance Act, all Afrimoney fees will be updated to include GST. This will come into effect on the 15th of September 2023.”
That is, the new charges will take effect starting September 15.
This is a wake-up call to all mobile money users that the rate for any transfer will from September 15 include a GST that will add more to the normal transfer fee usually paid by users.