Zambia government opens talks with betting operators over 10% stake tax
Zambia’s finance minister, Situmbeko Musokotwane, said the government is consulting betting operators about the 10% excise tax on monthly stakes, after companies raised concerns and challenged the levy in court. The Constitutional Court rejected their challenge, and firms must pay the tax by the 15th of the following month.
Consultations could lead to adjustments to a tax that applies to operators’ monthly betting stakes.