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Sudan’s three mobile operators - Zain Sudan, a 100 percent-owned subsidiary of Kuwait’s Zain, state-owned Sudani and South Africa’s MTN - typically buy equipment in hard currency such as dollars or the euro, so the pound’s plunge has upped expenditure at a time when average revenue per user (ARPU) - a key industry metric - is in retreat.
A Zain spokesman said the profit tax exemption would be backdated to Jan. Sudan’s mobile penetration was 58 percent in 2011, ranking it 159th globally according to data from the International Telecommunication Union, and there remains plenty of room for growth, although that could require operators to expand and improve their networks to reach unconnected residents.
Tax weeks are periods of 7 days which follow on from each other starting on 6 April each year.
The first tax week is 6 to 12 April inclusive, the second tax week is 13 to 19 April inclusive, and so on.
The amount the employee is due to receive before any deductions are made.