15% GST Takes Effect on Orange Money And AfriMoney Cash Out Charges


Sierra Leone’s mobile money providers Orange and Africell, have begun implementation of the Goods and Services Tax (GST) on all their financial services.

The implementation took effect today October 15, 2023, in line with the recently introduced Finance Act of 2023.

For consumers, the introduction of GST means it will now cost more money to use mobile money services.

 

🔵 Clarification on Africell Cash Out Charges with GST🔵

❕For 100: Old Charge: 3.05, New Charge with 15% GST: 3.51

❕For 500: Old Charge: 11, New Charge with 15% GST: 12.65

❕For 1000: Old Charge: 20, New Charge with 15% GST: 23

❕For 2000: Old Charge: 35, New Charge with 15% GST: 40.25

 

🟠 Clarification on Orange Cash Out Charges with GST 🟠

❕For 100: Old Charge: 3.05, New Charge with 15% GST: 3.51

❕For 500: Old Charge: 11.5, New Charge with 15% GST: 13.23

❕For 1000: Old Charge: 26.1, New Charge with 15% GST: 30.02

❕For 2000: Old Charge: 43.5, New Charge with 15% GST: 50.03

Kindly note that the 15% GST is applied on the transaction fees, NOT on the cashout amount.




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Orange Sonatel CEO Affirms Commitment to Provide High Speed Internet And Roll Out 5G in Sierra Leone


Sierra Leone’s President, Julius Maada welcomed Sekou Drame, Chief Executive Officer of Orange SONATEL Group in a strategic meeting on Thursday 28th September 2023 at State House Freetown.

He expressed heartfelt gratitude to the government for creating the enabling environment regarding the ease of doing business in the country and the government’s Human Capital Investment.

He emphasized the Company’s Commitment to give back to society as he congratulated the president for his second term-Victory.

Speaking on their strive to achieve digital inclusion in the country, he confirmed that since 2016 they had contributed positively to bring the best of technology and service delivery to the doorsteps of Sierra Leoneans. He affirmed Orange’s commitment to continue to provide high speed internet with plans to complete the rolling out of their 5G Campaign in the Country.

He assured the President of their Continue support in the areas social and financial support to Sierra Leoneans on Supporting Health Care Programmes and education.

In his response, President Bio thanked the Company on behalf of Sierra Leoneans for their various interventions and also the constructions of Pre-Schools in various parts in the country

He assured the CEO that his government will continue to support Orange in terms of financial inclusion as he maintains an open door- Policy for all investment in the Country.




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Orange Foundation Director Recounts Journey With Ebola-Affected Kids


After years of philanthropy, Orange Foundation looks back at how far they have come with the 50 Ebola kids who have been in the care of SOS with welfare support from Orange Foundation in partnership with SOS and Ministry of Social Welfare.

Orange Sierra Leone (OSL) Foundation, led by Jestina Betts, is the company’s humanitarian wing that lends a helping hand to the needy, vulnerable and less privileged in society.

The company has done a lot in caring for children whose parents succumbed to the deadly Ebola Virus which struck Sierra Leone in May, 2014, a virus that left the country ravaged for two years. Sierra Leoneans breathed a sigh of relief in November, 2016 after the virus was declared over by Government but the aftermath of its effect in the country could not go unnoticed as the deadly virus left behind many orphans. Hence Orange SL through its Foundation, in collaboration with SOS, came to the rescue of 50 Ebola kids young as six months old to be placed in the care of SOS Children’s villages across the country.

These children have been sparsely assigned to the various SOS campuses across the country. Makeni campus North of Sierra Leone hosts 18 Ebola kids, Bo campus in the South holds 21 while Sierra Leone’s capital, Freetown have 11 making a total of 50.

Orange Foundation takes care of the children’s education by ensuring that they have access to quality schooling and learning opportunities.
The Foundation also caters for the children’s basic needs especially food and medical care until they turn 18.

In addition to basic care, the company also looks after other aspects of the kids’ education, a move that spells a brighter future for the kids since investment in education has no equal anywhere in the world.

With education, the kids after they become well-educated adults can positively contribute to national development when it is time to come on the stage of action.

Having it as a humanitarian obligation, the Foundation authorities often pay visit to the Ebola-affected children to get first-hand information about their well-being.

“…the OSL Foundation frequently pays courtesy visits to the children showing that we genuinely care for their welfare, and are actively involved in ensuring that they are doing well. Additionally, we send donations and hampers every year for the kids,” Jestina Betts informed the press about their valuable donations to the kids.

Such initiatives, Jestina says, showcases the positive impact businesses and organizations have on their communities especially during times of crisis and other life-threatening situations.

OSL’s/OSLF on-going commitment to these children showcases the power of corporate social responsibility and highlights the importance of long- term support in creating lasting positive change,” OSL Foundation Director tells the importance of caring for the vulnerable.

It is heartening to see that OSL Foundation and SOS are not only focused on the kids’ immediate welfare needs but also consider their transition into adulthood and support them during this critical phase of life.

These personal visits have a significant, positive impact on the children as it fosters a sense of belonging and reminds them that they are part of a larger supportive community.

The humanitarian move is a bright and inspiring example of corporate social responsibility and collective effort in making a difference in the lives of those in need.

Orange Foundation deeply appreciates the hard work and commitment of its partner SOS through the Country Director, Madam Sophie Ngong, for providing a safe and friendly home to these orphans.




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Africell and Orange Announce Introduction of GST on all Money Transfer


Two of Sierra Leone’s major mobile networks Africell and Orange have announced the introduction of GST tax addition for any Money transfer done.

The mobile companies disclosed this in an SMS sent to some subscribers this week.

Mobile money is very popular in Sierra Leone especially in rural areas where access to banks are limited.

One Africell subscriber shared with Sierraloaded the notification which read, “Dear Customer, please note that in compliance with the new Finance Act, all Afrimoney fees will be updated to include GST. This will come into effect on the 15th of September 2023.”

That is, the new charges will take effect starting September 15.

This is a wake-up call to all mobile money users that the rate for any transfer will from September 15 include a GST that will add more to the normal transfer fee usually paid by users.

 




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Orange Money Launches Pay With Orange Money at Conex Station


Sierra Leone’s leading mobile money service providers, Orange Money Sierra Leone, in collaboration with Conex, launched the ‘Pay with Orange Money at Conex Station’ initiative on Friday, August 18th, 2023, at Conex Fueling Station in Brookfields, Freetown.

The event aimed to enhance staff knowledge about the new customer facility and brought together employees from all Conex branches in Freetown.

David Mansaray, CEO of Orange Money Sierra Leone, expressed excitement about partnering with Conex, emphasizing Orange Money’s goal of financial digitization.

He said rheir vision is for Sierra Leone to transition into a cash-light society, reserving physical cash for extreme situations only.

Mansaray recounted a personal experience of needing fuel without physical cash, which inspired the partnership with Conex to address such challenges.

He envisioned extending Conex’s sales hours beyond 9 pm, exclusively accepting Orange Money to minimize night-time cash handling risks.

Avrajit Kar, CEO of Conex, emphasized the partnership’s significance in digitizing Sierra Leone, highlighting the convenience and transparency of using Orange Money for payments at Conex.

Abibatu Baxter, Head of Marketing Partnership and Strategy for Orange Money, detailed how to use the product on both smartphones and local phones. Smartphone users would download the Orange Money App and scan the QR code, while local phone users could dial #144# and select option 4.

The event concluded with the official launch by the CEOs of Orange Money and Conex. A promotion was introduced, offering Orange Money customers a chance to win one hundred liters of fuel for purchases made at Conex stations until the end of August.




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