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A collection of 5 posts

Meta Announces a 16% VAT on Ads across its Platforms in Kenya

Meta Announces a 16% VAT on Ads across its Platforms in Kenya

Meta (formerly Facebook) has announced that all Kenyans who use their advertisement services on either of its platforms (Facebook and Instagram) both businesses and personal accounts, will now be required to pay 16% Value-Added Tax (VAT), effective November 1st, 2022, following the new VAT laws and requirements for the industry.

Nigerian Advertising Regulatory Body, ARCON Sues Meta for $72.3 Billion over Breach of Laws

Nigerian Advertising Regulatory Body, ARCON Sues Meta for $72.3 Billion over Breach of Laws

The Advertising Regulatory Council of Nigeria (ARCON) has filed a lawsuit against Meta Platforms Incorporated, owners of Facebook, Instagram, and WhatsApp alongside its Nigerian public relations agency, AT3 Resources at the Federal High court based in Abuja, Nigeria. “ARCON is seeking a declaration that the continued publication and exposure of

Facebook is Testing End-to-End Encryption as a Default on Messenger

end-to-end encryption

Facebook is Testing End-to-End Encryption as a Default on Messenger

Facebook, the media giant company in an attempt to strengthen security and respond to user privacy concerns on its Messenger, has announced that it will be turning on end-to-end encryption (E2EE) by default on its Messenger chat platform by 2023. The media conglomerate announced last week that it had begun

Facebook, Youtube and Tiktok: Startups can get the most out of Social Media

Facebook, Youtube and Tiktok: Startups can get the most out of Social Media

According to Statista, there will be 4.41 billion active social media users by 2025. That is to say, in 3 years, startups will be able to reach over 4 billion people, share content, and make more waves. In addition, the number of people using social media sites is increasing.

Facebook introduces 7.5% Tax on adverts from Nigeria

Facebook introduces 7.5% Tax on adverts from Nigeria

Starting from 1st January 2022, Facebook has announced that Nigerians will pay 7.5 percent value-added tax (VAT) for all ad placements. The charge will apply to adverts running on Facebook for business or personal purposes. According to the statement released by Facebook, “Due to implementation of a value-added tax