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New Banking Tax: Here's What Will Really Change in Senegal

Summary by senenews.com
The introduction of a new 0.5% tax applicable to all banking operations raises serious concerns within the entrepreneurial fabric, particularly among small and medium-sized enterprises and industries (SMEs-PMI).In addition to the already existing tax burdens, this measure is perceived by several economists as an additional pressure on the cash flow and competitiveness of enterprises.For economist Meïssa Babou, a professor-researcher at the Facul…
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The introduction of a new 0.5% tax applicable to all banking operations raises serious concerns within the entrepreneurial fabric, particularly among small and medium-sized enterprises and industries (SMEs-PMI).In addition to the already existing tax burdens, this measure is perceived by several economists as an additional pressure on the cash flow and competitiveness of enterprises.For economist Meïssa Babou, a professor-researcher at the Facul…

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senenews.com broke the news in on Monday, December 15, 2025.
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