Business Technology Consulting: Leveraging IT Resources for Maximum Benefit
In doing business, utilizing state-of-the-art technology is not enough to gain the competitive edge. This goes hand-in-hand with using these to your company’s advantage. Through business technology consulting services from a reputable firm, you are able to leverage your company’s IT resources to maximize efficiency and profit.Today’s technology-driven market calls for a more sophisticated approach to handling daily operations and dealing with business challenges. Whether you intend to develop a new capability, streamline operations, or solve existing problems, the right consultant can tailor a solution to meet your company’s needs and objectives.There are many aspects of your enterprise that a technology consulting partner can work on. Business processes, people, and information can be united through enterprise application integration. Such a solution enables you to do away with manual processes and increase efficiency in the workplace.Better planning and decision-making are facilitated with business intelligence solutions that allow you to efficiently collect, organize and study information. These can be achieved through an enterprise reporting system that integrates data design, development, warehousing and processing.Collaboration between members of an organization – especially those facing geographical constraints – can be made seamless with workflow and collaboration technology. Through integrated software and applications, process automation and more efficient information sharing and task management are made possible.Business technology consulting is a solid investment toward your company’s future. IT is an indispensable resource, which, when used and developed properly, can make a world of difference in the way you do business and the results you deliver.
Free Internet Marketing Advice
You can find Internet marketing advice in many places but how much of it can you really trust? At best, the average person is likely to be overwhelmed by the sheer volume of Internet marketing advice available. Internet marketing advice is a bit like a roundabout where someone starts to promote a certain aspect of it and others get on the bandwagon and regurgitate what was said before them.This is a simple but very effective piece of internet marketing advice for you. Find a person or source of information you trust and stick to it or them like glue!MarketingMarketing is an ongoing process of planning and executing of the marketing mix product, price, place, promotion of products, services or ideas to create exchange between individuals and organizations. Marketing is an ever changing process and advertising is undergoing a revolution with the emergence of a new style of marketing namely the world wide web. Marketing, or any other field for that matter, is knowledge. what better place than right here, where we teach you about the various types of internet marketing businesses, and fill you in on all of the basics of what you need to know to start an internet business.OnlineLearning all this stuff online and acquiring the knowledge I now have, has been both a steep learning curve and extremely expensive process. Quite literally I have been ripped off, let down and burned more times than I care to admit to. However an even more worrying trend since I first started online, is that marketing advice is becoming more and more directed at companies with websites and big budgets as the internet slowly develops into the world’s most dominant marketing tool.Therefore I believe leaving the small person without huge $$$$ budgets to play with, to basically fend for themselves. I genuinely want to try or attempt to fill that void for you with the aid of my articles at your disposal.I have and intend to showcase in the future, online programs designed to take the beginner through all the steps and processes of creating an online business. Providing marketing advice and information services to the small business community to help maximise the effectiveness of online marketing and web promotion. I basically want to pay my dues as I see it and I want to give props and support to all the hard workers out there like “you” that are shaping the way we do business on the Internet.I want to provide you with through my articles,with a complete Internet marketing strategy, how to start an internet business, online e-marketing, and e-marketing strategy, search engine optimization in other words the whole Shebang. All you need to ask yourself in a very honest fashion is, are you ready to start making money online?AffiliateAffiliate marketing is one of the many ways I make money on the Internet. Affiliate marketing is by far, one of the easiest ways to make money online.Also affiliate marketing is not hard, although it does take quite a lot of work. It is also a very important point to convey to you that Affiliate marketing is a marathon… not a sprint and does require hard work and determination on your part.SeoSEO is the practice of increasing your rankings in the organic (non-paid) search results of a search engine. SEO is one of the most popular buzz words in Internet marketing but unfortunately most Internet marketers simply do not know enough about SEO to make this strategy work for them. SEO covers the process of making web pages spider friendly (so search engines can read them) and helping web pages be relevant for targeted keywords. SEO is the process of optimizing web pages for keywords and key phrases so that the pages rank highly in search engine results.That said there is also a good amount of free bad information all over the net (especially in forums) about SEO, affiliate marketing, etc. It is exceptionally hard for me to just keep up with the topic of SEO so for a beginner it is nigh on impossible. I’m just about to write an article about some free quality SEO e-books I reviewed and during my research there were quite literally tons of worthless e-books full of affiliate links.SEO services can differ hugely and its often hard to compare one company with another. What I found is that a majority of the seo firms out there are way out of my readers budgets.Unfortunately most seo consultant websites either lack actual client case studies or have outdated stories. However a certain amount of seo training is very important for your future success. I again want through my articles to help you learn about seo (search engine optimization), advertising, and email promotion through seo tutorial, articles and tools on how to get traffic to your website.SuccessSuccessful business people are not people who try and do everything themselves, they know their limitations. Successful entrepreneurs know the value of good information; they develop a network of information sources, they recognise a good opportunity when they see it, and they “seize the day”.Unfortunately you can’t put up a website without any knowledge or the correct Internet Marketing tools and then expect to have a successful online business. I constantly look for clues around me, and especially the people who have gone before me, people I admire, or people who I know have had obvious and visible success.Successful marketing is about meeting the needs of your customers – profitably. I firmly believe my articles contain everything you will need to quickly and easily build your online business and be your essential guide to making a success of your own business. These internet business ideas will not turn you into an online success story who makes six figures instantly, but they will help you separate fact from fiction and learn internet marketing. Taking action,hard work and determination are ultimately going to be the keys to your success.SalesThou shall not buy anymore get rich quick products even if the sales copy is pushing all of your hot buttons.Equally on that note it is important to point out to you that nothing happens until the sales copy is written. Fancy graphics alone I promise you will never sell a product, but strong salescopy alone will as I and I’m sure you as well are living proof of. While many people do not like long sales pages, if you artificially cut down the information just to keep it short you are going to find you have more objections dangling than you would like. At the other end of the scale, choice of the right keywords leads to greater sales opportunities and the reaping of boundless rewards.I personally for way to many years, worked in a high pressure sales environment where you had to truly believe in what you were doing to be any good.Well I do truly believe in what I’m doing now and the value it provides to people just like you.Therefore a major tip for you is backing off just a little bit and providing valuable content (that is not provided after a squeeze page) this has provided me with loyal readers and customers and good sales at the end. I am extremely competitive by nature believe me I don’t even like losing at monopoly to my kids . However being top in sales was not I promise you anywhere near as satisfying as getting an unsolicited testimonial from one of my online clients.I have read many, many, many reports on internet marketing and affiliate sales, including some majorly bum ones. Therefore I have endeavoured to build my business on a solid foundation of honesty, integrity and client focus. It goes without saying that regardless of how excellent your product is, it won’t make any sales if there is no trust in you or your company.Every week, I will try to reveal through my articles, an internet marketing tip that will help you find more customers and increase your sales that you can put to use right away. I’m equally confident that I can help you save money and increase your sales. If you are looking to start an online business or maybe you already have an online business, but need the right resources to explode your sales, I believe you will have all information you need in my series of articles.If your site isn’t intended to sell a product or gain a customer, then what is it for? The internet marketing info product world has become a sensationalized, over-hyped, over-priced, landscape filled with predatory practices. Not only that, I and I”m sure you as well, have even bought products we didn’t need, as a direct result of the great copywriting and marketing skills of masters.In the amount of time it was taking me to read blogs, emails, products, listen to teleconferences, and everything else, apart from growing a beard through lack of time to shave. I can now start up and profitably run an entire website. One thing and one thing only I don’t buy nearly as many products. As I don’t read the emails that are sent to the one address I gave up to the spam gods a long time ago.With regard to the above it’s worth pointing out that sometimes the “best” isn’t really what you need there are always better products around by the time you get your hand on a “best product”. So you may not want to subscribe to every list on the planet and you certainly don’t want to buy every product.ContentYou want visitors to find more of your great content, right? To construct a great content-rich website takes like anything else a certain amount of planning.The main essence of search engine marketing is submitting quality content with the website attached with contact information. Hence, in order to get ranking in the search engines, the website needs to optimize their pages with the most appropriate keywords that match their web page content too. This occurs as a result of search engines scanning through webpage content to find relevant information for words typed in during a search.You need to be sure that your landing page is keyword dense and is full of quality content, but I stress to you “do not use duplicate content” on your web pages.You can not only use keywords in your website content, but also in the title tags, meta tags, alt tags of your website in order to boost your website performance. These include back linking with other websites, content submission with link to content sites, press releases, news letters, email marketing, and now a-days also video and SMS marketing are becoming a part of the big game of search engine marketing. Thus, one has to provide more and more content in the website so that it appears higher and higher in the search engines.Of course, there’s the educational content like this one but I’m a sucker for giving out free content.ConclusionSometimes when you’re looking for internet marketing advice it’s hard to sort the good advice out from the bad advice. Some internet marketing advice is the same, many offer services that will provide top 10 results (a promise that I believe can’t be made). Having a way to learn about internet marketing advice is one of the best ways to beat competition in your marketplace.Whether you are a beginner, at an intermediate level, or a professional marketer you will find my articles are filled with all the necessary internet marketing advice to build and promote your business online. I also give Internet marketing advice on how to start and promote a business online, even if you don’t have a product to sell. I Provide real information and advice including internet marketing advice for small businesses and those new to Internet marketing including lots of useful links to many free and useful resources. I set my stall out to Obtain True and actual case studies of home-based entrepreneurs who earn tens of thousands of dollars every month through Internet marketing, so I can provide a rich source of information for you in these articles.Internet Marketing Training and web success I believe go very much hand in hand. My articles are dedicated to providing quality information to help as many people as is possible like you succeed in the field of marketing online. So if you’d like the benefit of unlimited internet marketing advice, including business ideas, website reviews, salescopy advice, traffic secrets, and more all from the same centered source ? Then “you” my friend have landed at the right place.To Your Success As AlwaysDouglas StuartPs Final piece of advice and most valuable tip of the day
“The more people you help succeed the more SUCCESSFUL you will be ”
Things to Consider Before Hiring A Web Development Company
With every passing day, more and more businesses are realizing the need of having their website on the Internet. Because of this realization, every business reaches the crucial step of building the website for which they need a professional web designing company.Therefore, there is a huge sea of web development companies to choose from. This huge pool of options might be overwhelming. So, how can you make sure that you choose the perfect web development company for your website building and designing?In this article, I will give you a few tips which will help you out.Let’s get started.We will divide these tips into two sections-
The core activities the company executes-
#1. Front and backend developmentThe developers who do only backend development is similar to constructing a house with no doors, and windows. Always look for that web development company which does both front-end as well as back-end development work.Yes, there is a lot of difference between how the front-end and back-end developers go about their work, but a company that provides both is the company you should go for.#2. Not just one specializationThere are many good development technologies such as PHP, Drupal,, Node JS Development, etc. Each one of them has their own set of strengths and weaknesses. An ideal web company is the one which has mastery in multiple technologies used for developing a website. This way, they can deliver the most fitting solution for your business.#3. Understanding the need for the projectA good web company is the one which does not ignore deeply understanding the project in hand. Many times, the developers don’t care about the big picture, they just focus on their style of coding and handing in the work without caring much about the core requirements of the clients.Good developers take care of the needs of the clients and give solutions that help the clients in producing profitable outcomes for their businesses. Make sure you choose a company that understands what you are looking for.#4. Research and developmentThe company which focuses rigorously on its research and development initiatives is the one which stays up-to-date with the latest trends and technologies emerging in the industries. Therefore, it makes a particular company the right choice for your business’ needs. Through R&D, the developers evolve. Make sure your choice of web development company invests in timely research and development.#5. FlexibilityThere will be times when you will need to make changes in the work provided by the development company. This is due to many reasons. One of the simple ones being – you simply didn’t like the work.The company might resent the changes you ask them to make again and again. Make sure you choose one which can easily cope with unforeseen changes.As a client, you should ask about how does the company handle change requests.
The other must-haves the ideal company should have-
#1. Performance records
Go for a company that has a good track record of its performance. A company that has a good number of projects which they have successfully completed shows its ability to do your work up to the mark.#2. Quality standardsAlways go for a company that maintains its quality standards. It must make the deliverables happen on the assigned time and date.#3. User-friendlinessThe company you go for must develop websites in a way that any visitor is easily able to access your website with the least difficulty.#4. The developers’ teamMake sure to meet the development team of the company in person. The company should have an in-house developers’ team. Make sure they don’t get the work done from another agency.#5. The design teamA design team in-house is always preferable. This way, the designs are in sync with the requirements of the project. The in-house design team is more capable of understanding what you as a client want.#6. SEOYour ideal choice should not only be focusing on just the development part. SEO is a major element of all internet activities of a business. The developers should have an understanding of SEO and how SEO will affect the website.#7. Social MediaEveryone is aware of the potential which social media holds. The developers should ideally have a good amount of knowledge about social media and how promoting services on social media works.#8. ContentThis is one of the most important things which drives visitors/customers to your website. It is the main thing that will help you promote and sell your offerings online. Make sure you go for such a web development company that has good techniques and tactics for producing content in such a way that it drives traffic.#9. E-commerceE-commerce websites are specifically designed for business which wants a great ROI through the internet. Go for that choice that holds immense expertise in developing good e-commerce websites. One important factor of an e-commerce website is the payment method. Make sure you deal with such a company that can execute the best payment method.#10. After-servicesThe ideal development company is the one that can give after-sales services and support to you and further provide regular maintenance.These are a few of the things you should keep in mind before selecting the ideal web development company for your business. Remember, the ideal web solutions company is the one which provides affordable website designing services without compromising efficiency.Be smart, patient and aware before selecting the company of your choice!
What are anti-ligature blinds?
Anti-ligature blinds are becoming increasingly popular in a range of different settings. The way these blinds differ from traditional blinds is that they are designed to prevent suicide by hanging.
Initially, uptake for this type of blind was largely restricted to high-risk environments such as psychiatric hospitals and prisons, where suicide is common. In mental health environments and detention centres, suicide via hanging is common and preventative measures must be implemented. A huge range of objects could be used to create a ligature point, meaning anti-ligature systems are highly important.
Over the years, anti-ligature blinds have been supplied to hospitals, schools, student accommodation and even hotels.
How do they work?
There are a range of different systems on the market, but the most reliable could well be the magnetic anti-ligature system. YewdaleKestrel® products utilise load release magnets which separate when a downward force is exerted on the product. This means that the product falls to the ground safely and prevents suicide via hanging.
The magnetic systems used in Yewdale’s products are highly reliable because magnets don’t lose their strength for hundreds of years, guaranteeing a lifetime of lifesaving functionality.
Anti-ligature blinds usually have a magnetic connection point above the blind’s barrel. The blind is easy to reconnect to the magnetic bracket after it has fallen to the floor.
If you are considering an anti-ligature blind, Yewdale is a highly recommended company. Based in the UK, Yewdale produce a wide range of anti-ligature products, commercial blinds, and healthcare products including hospital cubicle tracks and medical curtains.
Yewdale produce other anti-ligature products too including a soft, lightweight en-suite door and other accessories such as soap dispensers, toilet roll holder, shelves and artwork. You can see the full range on the website using the link below.
Complete weight loss strategy
For those who want to lose weight
Research on the causes of obesity, knowledge about weight loss, and various diets for weight loss are updated every year. However, with the update of knowledge and the release of diet pills one after another, the obesity rate continues to rise every year, and there is no sign of wanting to decline. I used to be very, very fat, and I am also a person who is prone to obesity.
So I understand the voices of fat people, I really want to lose weight, but I tried many ways to lose weight at that time without success.
I have tried the common boiled meals on the market, eating less and moving more, but it was not until I tried other diets that I managed to lose weight. After I lost weight, I began to study the essence and method of losing weight, and wrote him in this weight loss strategy article, hoping to help you.
A few key myths about losing weight
The weight loss myth of eating less and moving more
The phrase “eat less and move more” is actually true, but most people do it wrong. Many people think that they should eat less of everything, so they limit their calories to a very low level, and it feels a bit like eating an ultra-low-calorie fairy meal. Then, for the hyperactive part, the first thing that everyone thinks of is aerobic exercise such as running, cycling, etc., but in fact, this is a very short-term and easy way to regain weight, mainly because eating too little is an easy way to lose weight. The reason for the loss of muscle mass, coupled with the fact that aerobic training is not helpful for muscle mass growth, causes the metabolism to drop too much.
Maybe you can lose 5 kilograms in this way, but if your metabolism declines, you will easily regain the weight. And it’s all the fat that gets back up, not the muscle you lose that makes you look fatter than before. This is what we call the yo-yo effect, lose weight, get fat back, get fatter than before, lose weight, get back on Fat, get fatter than before.
Stop taking diet pills and meal replacements
At this time, you may start to seek other ways, eat weight loss meal replacements, taking diet pills, and so on. But believe me, most diet pills will inevitably hurt the body, especially the gastrointestinal tract. You may actually lose weight in the moment, but when your gastrointestinal tract is damaged, you will be fatter than before.
The key to understanding how to lose weight
You must have thought, why some people will not gain weight no matter what they eat, while some people will gain a kilogram the next day after eating a little bread? What is the cause of obesity? This is not a simple answer that can be solved!
You can see the link to the picture below, mainly talking about the influencing factors of obesity, which are very, very complicated.
Image source: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/296290/obesity-map-full-hi-res.pdf
In the middle of this picture is the heat balance
So we can know that calorie balance is very important
But this article doesn’t keep preaching that calorie balance is the key to losing weight like other sites
If you don’t know what calorie balance is, you can probably imagine that our body has calorie consumption (exercise, thermogenesis, basal metabolism), and calorie intake (eating).
When calorie consumption exceeds calorie intake, the weight will drop, so the truth of weight loss is to eat less and move more, very simple. In the short term, it is really possible to simply achieve weight loss by eating less and moving more, but simplicity is not simple, because the operation of the body is very complicated. Many people think that they can control their calorie consumption, that they can achieve a lot of calorie expenditure by running all the time, and that eating fairy meals (low-calorie meals) can reduce calorie intake and then easily lose it.
However, according to research, 90% of people who use calorie control, eat less and move more to lose weight will fail or regain the weight.
Because eating less and moving more for too long, metabolism will easily drop, hormones will easily become imbalanced, and muscle mass will easily be lost. Even if you lose 10 kilograms, you will easily regain weight.
When losing weight, the body is like a factory
For me, the key to long-term weight loss and maintaining good posture is the environment in the body, such as hormones, the level of inflammation in the body, and the gastrointestinal system.
Think of the body as a factory
-Your hormones are the managers and workers of factory operations
-Inflamed condition is how good factory machinery and hardware are
-Calorie intake is wages for factories as well as fuel
If the manager of this factory is an idiot, or if the hardware in your factory is completely rotten, then no matter how it works, it will create a pile of waste. Just as our hormones are already out of balance and the level of inflammation in the body is very high, no matter how much you eat, if you don’t solve the existing problems, it will easily accumulate into fat. It may be easier to understand with a few examples.
Hormones vs Weight Loss
This study looked at the effects of sleep and weight loss
Research source: https://www.ncbi.nlm.nih.gov/pubmed/20921542
Both groups of humans were calorie-restricted, but one group slept 5.5 hours a night and the other 8.5 hours. Both groups lost weight, but the group that slept less lost 55 percent less body fat and 65 percent more muscle mass than the group that slept more. It is equivalent to losing weight, but most of the loss is muscle mass, which reduces metabolism and makes it easy to regain weight later.
There is such a big difference mainly because poor sleep has a negative impact. The imbalance of the secretion of these things will easily increase fat and reduce muscle.
This next study looks at the effect of insulin sensitivity on body composition!
Research source: https://www.ncbi.nlm.nih.gov/pubmed/19471290
Basically, many chronic metabolic diseases, obesity, and poor muscle-building effects are closely related to low insulin sensitivity. Insulin is an anti-catabolic hormone whose main function is to store nutrients in cells. For example, after heavy training, our muscles will be more sensitive to insulin, and the nutrients we eat will be more easily absorbed into the muscles. When insulin sensitivity is low, the nutrients we eat are more likely to be stored as fat rather than absorbed into muscles.
We can simply say that the nutrients in the food eaten by people who are insulin insensitive are more likely to be stored as fat, and the relative fat mass will be much higher than the muscle mass.
To put it simply, the key to losing weight is actually to improve hormones, improve inflammation in the body, and add an appropriate calorie deficit. It is not difficult to achieve a calorie deficit. What is more difficult is how to choose the type of food that suits your body to improve hormones and achieve a long-term good body.
If you only pursue short-term weight loss and rely on a lot of calorie deficits to achieve the effect of weight loss, and then the hormones are still the same after the loss, then I can guarantee that you will gain weight very easily.
With so many ways to eat on the internet, which diet should I try?
When talking about losing weight in Taiwan 30 years ago, everyone would definitely want to use boiled meals
When it came to losing weight five years ago, everyone might think of using a low-sugar diet. When it came to losing weight in the past two or three years, everyone might directly think of the ketogenic diet.
I lost 30kg in 3 months on a low-sugar diet myself for the first time, so I used to believe that a low-sugar diet was the best way to lose weight
But after my long-term understanding of weight loss-related research, genetic cognition, and observation of students, there is no diet that is most suitable for everyone! Although it is said that high-carbohydrate foods will most stimulate insulin secretion, which in turn promotes the storage of nutrients into fat, some people are naturally good at metabolizing carbohydrates, so they can still be healthy and strong after eating high-carbohydrate throughout their lives.
For example, this study compared the responses of people with high and low insulin sensitivity to high- and low-carb diets.
Research source: https://onlinelibrary.wiley.com/doi/full/10.1038/oby.2005.79
The study concluded:
-For people with high insulin sensitivity, eating high-carb and low-fat to lose weight is very helpful
-However, people who are insulin insensitive use a high-carb low-fat diet to lose fat, but the weight loss effect is not so good.
But on the contrary, studies have also shown that people with low insulin sensitivity have a very good weight loss effect on a low-carb high-fat diet, which shows that improving insulin is very important for weight loss, and it also shows that people with insulin insensitivity are more suitable
Lose weight with a high-carb diet.
So if you have been obese for a long time, you know that you eat carbohydrates easily, or you know that you have diabetes in your family and want to lose fat, then I would suggest that you can start by reducing carbohydrates, which is what we call low carb diet!
The Negative Impact of E-Levy on Mobile Banking.
DEFINITION OF TERMS
Mobile Banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet.
Electronic Transaction Levy or “E-Levy” is a tax applied on transactions made on electronic or digital platforms.
ADVANTAGES OF MOBILE BANKING
Mobile banking offers numerous benefits such as ease of transaction, convenience, time-saving, managing your finances, and budgeting. Some advantages of Mobile Banking in remote areas include:
Financial Inclusion — mobile banking offers convenient and easy banking services to people in remote areas. Thus, it allows banking on the go and offers all benefits of a banking system to rural areas without the presence of a financial institution.
Accessing the bank 24/7 — Mobile banking provides ubiquitous banking services without the need to visit the bank to have access to services. This offers time to benefit and ease of transacting at a distance.
Cost-benefit — Mobile banking saves the banks the cost of building physical infrastructures (branches) and maintaining branches and staff. Also, reduced costs on the customer side since the burden of visiting the bank for services is eliminated.
Improving resilience in the face of poverty — Mobile money acts as both a savings vehicle and a means of transferring funds during times of economic or environmental shocks.
Strengthening the formal economy — For many micro, small, and medium enterprises (MSMEs), opening a mobile money account can facilitate access to formal financial services. Mobile money is well placed to address the issue of informality that blights many developing economies and hampers domestic resource mobilization efforts. Mobile Money enables ease of transacting, thus increasing business profits for MSMEs.
Facilitating economic growth — Mobile money has been shown to contribute to economic growth by increasing both productivity and per capita incomes
DISADVANTAGES OF E-LEVY ON MOBILE BANKING
The design of mobile money taxation policy appears to be the antithesis of a well-designed tax system. The disadvantages include:
Inequity — Mobile money taxes as currently structured to create inequity in the tax system. As the tax is mostly borne by the poor and users of the services are subject to additional taxation (unlike bank or cash transactions), the principles of both horizontal and vertical equity in the tax system are contravened.
Uncertainty -. Uncertainty and lack of transparency over taxation systems can have a direct impact on the operations of the tax authority, increasing enforcement costs, as well as discouraging investment.
Inconvenience — The administration of mobile money transaction taxes creates an inconvenience for MMPs who must calculate and collect the tax on the revenue authority’s behalf. There is an additional inconvenience for users of the service for whom remote digital transactions become more expensive or out of reach if they revert back to cash.
Inefficiency — Badly designed mobile money taxes have been shown to have a distortionary impact on demand for mobile money services. This in turn has had negative impacts on overall tax takes, as well as impacting the attainment of national economic and development goals.
EFFECT OF MOBILE BANKING — CASE STUDIES
The decision to impose taxes on mobile bank transactions will trigger so many problems.
Ghana — According to The Fourth Estate Ghana; Although the government projects a 24% decline in transactions when the levy is finally implemented, preliminary findings published by the bank of Ghana indicate the value of mobile money transactions had dropped by 3.2 billion in December 2021, less than 2 months after the proposal to introduce E-levy.
Uganda — An e-levy of 1% introduced in 2018 has led to an overall drop in the person-to-person transaction by more than 50%, and a 24% drop in industry transactions within the same year the tax was introduced according to a report by Global system for mobile communication (GSMA).
Congo — An e-levy of 1% was introduced in 2019. The government had to reverse the tax on cash outs only due to negative results of the levy on Mobile money users such as a decline in mobile money agents (unemployment) and high-value withdrawals by people.
Other countries include Benin (5%) and Cameroun (0.2%). In all these countries, the e-levy has imposed a negative effect on the economy and people. If we want to ensure the financial inclusion of people in rural areas, we need to ensure that we encourage mobile banking by withdrawing the e-levy tax.
Reference:
https://thefourthestategh.com/2022/03/16/e-levy-this-is-what-happened-when-other-african-countries-passed-it/
Purohit, S., & Arora, R. (2021). The benefits and challenges of mobile banking at the Bottom of the pyramid. Journal of Contemporary Issues in Business and Government Vol, 27(1).
Charles G. Kpan, Jr. is an Information Technologist with over 5 years of experience in the provision of Information Technology Services and an emphasis on Web Development and Visual Branding. He’s the managing Director of CYGEC IT SOLUTIONS INC. and holds a bachelor’s Degree in Information Technology from Blue Crest University, Liberia.