Browsing: Netflix

Digital Services Tax Uganda.
  • A number of the proposals in the Bills are aimed at broadening the tax base by bringing income that was previously untaxed or exempt into the scope.
  • The Uganda Revenue Authority (URA) before Parliament’s Committee on Finance, the government expects to collect US$7.72 billion (UGX29 trillion) from domestic tax revenue in the next financial year 2023/2024 (FY20233/24) from both existing and new tax policy measures.
  • The Income Tax (Amendment) Bill 2023 is now proposing to introduce a separate direct tax in the form of a digital services tax (DST) on Facebook, Netflix, Zoom and other digital platform.

Uganda has released the Tax (Amendment) Bill for the financial year 2023/2024. These proposals have been tabled before Parliament, and if passed into law, they will take effect on July 1. As a business owner or investor in Uganda, it’s essential to understand what these tax proposals mean for your business.

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Vuta N' Kuvute, Amil Shivji bongo Movies
  • Tanzania is not only striving to bring out the best movies on a global scale, but it is also collaborating with notable figures in the industry
  • Over the past decade, the Tanzania film industry had a rather dim shadow, associated with sub-standard movies flooding the market and missing out on the global stage.
  • Number of Tanzania films dominating the international streaming platforms—Netflix and Showmax are still low.

Bongo Movies or “movie za Kibongo” – coined term to brand and represent Tanzania cinema, is now taking a rather international tone which is revolutionalizing the way cinema lovers consume and engage their favourite films.

Tanzania’s film industry is currently going through its own renaissance period. Currently, the industry is changing the way stories are written, produced, directed, scored, marketed and distributed. Local productions are among the most viewed Netflix movies in Tanzania, a promising development that will stir the movie industry in …

Students of High Point University in Nigeria. East Africa has a US$290,000 Netflix financial assistance to African creatives. www.theexchange.africa

The scholarships are a part of the Netflix Creative Equity Fund, a multi-year initiative launched in 2021 with the goal of creating a pipeline of diverse and talented creatives around the world through various initiatives.

Students who have been accepted to study in the TV and film disciplines in the 2022 academic year are eligible for the scholarship fund, which will cover the costs of tuition, housing, study materials, and living expenses.

Netflix opened the application process in the Southern African Development Community (SADC) region, where Tshikululu Social Investments serves as an implementing partner/fund administrator.

The CESF will then be rolled out across the region in the academic year beginning in 2022. East Africa and West and Central Africa also have their own fund administration partners.…

Nyara The Kidnapping YouTube

Tanzanians love African Movies, they adore Tanzanians films, so as everyone else whether it is shown on cable or Netflix and more importantly Tanzania film industry has been taking rather unique stages of growth.

Tanzania has seen a steady increase in the production, dissemination and recognition of its very own performers across the world stage.

Filmmakers with a peculiar taste such as Vincet Kigosi, Amil Shivji, and Nicholas Marwa have been demonstrating their untamed potential to the world with their stellar movies captivating thousands.

However, the industry is yet to scratch the surface, and more importantly, the industry has elevated at the right time when international industry stakeholders such as NetFlix are hungry for raw, creative and extraordinary content, and Tanzania is rich in all of those.

On Tuesday 29th December, another milestone has been made in the Tanzania film industry, Nyara a locally financed (more than $86240) film was …

Kenya looking to cast tax net wider with YouTube, NetFlix and Apps on target

Kenya’s tax collector Kenya Revenue Authority has been looking for avenues for raising the tax as the countries look for a more sustainable way of meeting its development budget, and with a debt that seems to be spiraling out of control.

Media reports emerging from Kenya have indicated that the taxman in conjunction with The Communication Commission of Kenya (CA) are looking at media streaming sites like Netflix and YouTube as well as other apps operating in Kenya.

Further, the taxman is looking at ways of collecting revenue from every app downloaded, similar to a legislative clause currently available in Cameroon which allows for Telcos to pay a certain percentage for every app downloaded.

According to KRA, provision of online platforms for use by third parties is a taxable supply under the Value Added Tax Act of 2013. This means that this will attract the standard 16% levy.

“If you …