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Kenya's DigiTax Live in Zambia to Aid Businesses with New E-Invoicing

Daba Finance/Kenya's DigiTax Live in Zambia to Aid Businesses with New E-Invoicing
STARTUP VENTURE CAPITALSeptember 16, 2024 at 10:59 AM UTC

TLDR

  • DigiTax, Namiri Technology’s Kenyan tax compliance tool, launched in Zambia due to new electronic invoicing regulations under the VAT (Amendment) Act No. 27 of 2023.
  • Businesses in Zambia mandated to use Smart Invoices from July 1, 2024, to enhance tax compliance, combat fraud, and enhance government revenue collection efficiency.
  • Gilbert Lungu, with experience at MTN, Airtel, and Cellulant, appointed Country Manager of DigiTax in Zambia.

DigiTax, a Kenyan electronic tax compliance solution owned by Namiri Technology, has launched in Zambia, following the country’s adoption of electronic invoicing regulations under the Value Added Tax (Amendment) Act No. 27 of 2023.

The new regulations, effective from July 1, 2024, require businesses to adopt Smart Invoices to streamline tax compliance, reduce fraud, and improve efficiency in government revenue collection.

Gilbert Lungu has been appointed as the Country Manager for DigiTax in Zambia, bringing extensive experience from previous roles at MTN, Airtel, and Cellulant.

Key Takeaways

DigiTax’s launch in Zambia aligns with the country’s push toward digital tax compliance through electronic invoicing. It will assist Zambian businesses in complying with the new e-invoicing regulations introduced by the Zambia Revenue Authority (ZRA), which mandate the use of software-based solutions to manage and transmit invoice and inventory data electronically.

Startups
DigiTax
Kenya
Zambia
MTN
Airtel
Cellulant

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