Zain in Sudan
In recent years Zain has been experiencing an unfavorable business climate in Sudan caused by the erosion in the value of the local currency against the dollar and move by the government to raise sales taxes on telecom companies to 30 percent from 20 percent and a profit tax to 30 percent from 15 percent.
Furthermore, Sudan’s central bank prohibits foreign companies from repatriating their profits abroad and in the case of Zain this has been ongoing for several years.
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