MomoCalc News
Updates on mobile money fees, government levies and new corridors across Africa.
Nigeria Tax Act 2025 — how the new PAYE brackets change your take-home pay
The Nigeria Tax Act 2025, in force since 1 January 2026, replaced the previous PAYE bracket system with a ₦800,000 exemption and six new marginal rates. Here is what changed and how to compute your new take-home.
Bank of Ghana suspends MMFL's 0.75% MoMo-to-bank fee
On 26 May 2026, the Bank of Ghana directed MMFL to suspend its proposed 0.75% MoMo-to-bank fee — one day after MTN Ghana had announced it by SMS to customers.
Kenya Finance Bill 2026 proposes 16% VAT on top of existing 20% excise
Currently under debate in the National Assembly, Kenya's Finance Bill 2026 proposes adding a 16% VAT on mobile money transaction fees — on top of the existing 20% excise duty. The bill is not yet law.
Mali DGCC confirms 1% infrastructure levy applies to Wave transfers
Mali's Direction Générale du Commerce et de la Concurrence (DGCC) issued a February 2026 ruling confirming that the 1% national infrastructure levy on mobile money transfers applies to Wave Mali, ending a months-long compliance dispute.
Nigeria Tax Act 2025 recategorises the ₦50 EMTL as Stamp Duty paid by the sender
Effective 1 January 2026, the Nigeria Tax Act 2025 officially recategorises the ₦50 Electronic Money Transfer Levy as a Stamp Duty, deducted from the sender on every transfer of ₦10,000 or more across banks and fintechs.
Togo cuts mobile money fee tax from 18% to 10%
In January 2024 the Togolese government reduced the tax applied to mobile money operator fees from 18% to 10%, lowering the cost of every Tmoney, Moov and Mixx by Yas transfer in the country.