Rystar News

Copia Global announces new leadership appointments to support growth strategy NAIROBI– Copia Global has announced new appointments to its leadership as the organisation deepens its focus on regional growth and continues to pursue its expansion strategy. The company has today announced the appointments of Caren Robb as GlobalChief  Financial Officer, Mike King as Chief Technology Officer,  as well as the appointment of in-house leader Dominic Dimba to Managing Director, East Africa with immediate effect. Caren Robb is Copia Global's newly appointed Global Chief  Financial Officer. “These new appointments position Copia for long term success, while enabling us to  deliver on our ambitions and create more value for our customers, communities and  shareholders,” said Tim Steel, CEO, Copia Global. “These highly talented leaders will  provide additional global perspectives and regional experience across key facets of our  business.” Copia Global is the ...

 By Atuhaire Bridget   With effect from next month, on the 1 St day of October 2022, the Government of Uganda will start earning Value Added Tax (VAT) from non-resident electronic service providers, including on social media like tech giant - Facebook. “As of October 2022, Facebook ads in Uganda will be subject to a value-added tax (VAT) at the applicable local tax rate,” said Meta, Facebook’s parent company over the weekend. “This applies to advertisers whose “Sold to” the country (Uganda) on their business or personal address is set to Uganda and who haven’t added their tax identification number (TIN) to their Facebook ad account,” the tech company stated. Mr John Rujoki Musinguzi the Commissioner General of the Uganda Revenue Authority (URA), speaking at a recent press conference. PHOTO/COURTESY VAT will be added whenever users/advertisers are charged for their ads, regardless of whether they are purchasing Facebook ads for business or personal purposes. “As VAT is ad...