The dispute over taxes might seem niche, but in the case of Congo the stakes are enormous.
Browsing: Vodacom DRC
Democratic Republic of Congo authorities have sealed the offices and seized the accounts of Vodacom’s operations in the country.
The country has banned some telecoms executives from leaving the country after they resisted paying a new tax on the industry, sources said.
The Democratic Republic of Congo has ordered mobile phone companies to pay a levy estimated at about $180-million/year, sources said.
Vodacom Group’s unit in the Democratic Republic of Congo will lose the right to provide 2G services this week unless it renews a disputed licence, according to a government order.
Vodacom has been been ordered to pay a politically connected fixer US$21m (R159m) this week by a court in the Democratic Republic of Congo (DRC), but the episode could end up costing the mobile operator almost twice that amount. On the phone from Kinshasa this week, Moto Mabanga, the SA-based fixer who was
Vodacom’s bitter dispute with its partner in its subsidiary in the Democratic Republic of Congo (DRC) hit the front pages…