Malawian mobile operators have criticised an increase in corporate tax on the wireless sector to 33% from the standard rate of 30%, calling the move unfair and unjustified, The Business Times cites senior officials at Airtel Malawi and Telekom Networks Malawi (TNM) as saying. The tax rise on the sector was announced by Finance Minister Ken Lipenga earlier this month in his 2012/13 budget statement to parliament. Describing the tax as ‘punitive’, Airtel Malawi's managing director Saulos Chilima said: ‘It is unfortunate that we have been singled out .
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OVETEL Operators lament ‘punitive’ mobile tax hike
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