Zambia’s decision to introduce a digital tax on foreign online service providers such as Meta owners of Facebook and Instagram has received a cautious endorsement from a local economist, who says the move is necessary but must be carefully managed to avoid stifling innovation and growth. Speaking in an exclusive interview with the Zambian Business Times, economist Dr. Nicholas Mainza said that while the digital tax is a step in the right direction to expand domestic revenue collection, it also poses potential risks if not well balanced. “You can call it an infant economy it’s in its infancy stage. What...
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