Chairman at @NSoft17 š¦ Your Governments partner for over a decade. š N-Soft is the revenue mobilization provider for governments. https://xitter.cf/t.co/KNHytMtfid
Joined July 2022
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In my work with revenue authorities, Iāve seen how reliable transaction data can help governments collect more of the tax already due on a more consistent basis.
Ukraineās talks with the @IMFNews and @WorldBankGroup touch on a goal I believe independent transaction data can support: more stable and predictable revenues that give governments a firmer basis for budget planning.
@MinFin_Ukraine
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South Africaās proposed 20% online gambling tax could raise over R10bn, according to the @Treasury_RSAās estimate. Final design is due in February 2027.
In my view, data access and independent revenue verification belong in tax design from the outset, giving authorities a reliable basis for collection.
@sarstax @boardgambling
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Technology doesn't deliver results on its own. People do.
From Sierra Leone to Cameroon, N-Soft's impact reflects the expertise of teams working across countries and sectors.
What makes the difference? Sharing knowledge, understanding local challenges, and turning technology into measurable results.
An audit in North Macedonia found no supervisory system to monitor stakes, payouts, turnover, and revenues from electronic games of chance.
GovTech can help by combining officialsā understanding of legal and supervisory requirements with technology teamsā ability to build effective tools.
Real-time visibility into operator revenues, supporting greater confidence in taxes due, is a tangible outcome we can work towards together.
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A strong tax system isn't about higher rates. It's about collecting taxes due. With 77% of Africaās online gambling GGR outside the regulated market, taxing licensed operators more may achieve little. Better visibility and compliance matter.
What should governments prioritize?
100%Transaction supervision
0%Independent verification
0%Compliance enforcement
0%Competitive tax rates
1 votes ā¢ Final resultsWhat should governments prioritize?
0%Transaction supervision
100%Independent verification
0%Compliance enforcement
0%Competitive tax rates
1 votes ā¢ Final results 3
Protecting public revenues means keeping pace with how economic activity evolves.
Take tax stamps: they help prevent revenue leakage on physical goods. Digital services often have no product to stamp, yet governments still need to establish the taxes owed.
At N-Soft, we address that need through independent transaction supervision and certification of taxes due. Different tools, with the same purpose of securing public revenues.
Our latest video explores this idea. Take a look.
When considering how to raise public revenues, I start with the untapped potential under existing rules.
An analysis on @ADB_HQ's @DevelopmentAsia platform estimates that sustained tax administration reforms can generate an additional 2ā3 percentage points of GDP.
Within that effort, I prioritize independent verification. Electronic filing simplifies reporting but does not necessarily provide visibility into actual economic activity. Reliable transaction data can strengthen revenue transparency and support collection of the taxes already due. That is where I see the opportunity to turn tax policy into measurable revenue.
N-Soft is back from the IMFāWorld Bank Group Annual Meetings in Bangkok. My conviction is clear: effective domestic revenue mobilization means translating policy priorities into measurable results.
That requires reliable data, verification capabilities, and teams equipped to turn findings into revenues collected.
Thank you to our Vice President, Arik Zenouda, for representing us and exchanging perspectives with government officials and international representatives.
Our October newsletter shares insights from these discussions and their practical implications. Iād welcome your thoughts.
Read it here ā linkedin.com/pulse/from-globā¦
Iād welcome your thoughts.
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Why are governments still struggling to collect taxes already due?
The @IMFNews estimates that low-income countriesā VAT compliance gap averages 41% of potential VAT revenue, equivalent to approximately 3 percentage points of GDP. In some countries, it approaches 60%.
Encouragingly, gaps narrowed by an average of 4.5 percentage points in low-income developing economies between 2010 and 2023. Countries are making greater progress with combined risk management, digitalization, and better use of data.
Digitalization is an important step, but it doesn't automatically translate into better tax collection. GovTech can help independently establish actual revenues from transaction records.
I remain optimistic. Governments have increasingly powerful tools at their disposal. The next challenge is ensuring that better visibility translates into measurable revenue collection.
Illegal gambling was among the challenges raised at #IAGR2026 in Lima. But even licensed operators can be difficult to supervise when information is fragmented or hard to verify.
RegTech helps authorities independently monitor transactions, identify discrepancies, and assess revenues due. While these capabilities primarily support oversight of licensed operators, getting that part right is essential to building a more reliable picture of the regulated market. With that foundation in place, authorities can better focus on tackling illegal gambling through coordinated efforts with financial institutions, law enforcement, and other regulators.
GovTech should strengthen government capacity long after implementation.
Technology transfer. Local team training. Greater operational autonomy.
At N-Soft, our goal is not just to deploy technology, but to equip government teams with the knowledge and skills to operate their systems independently.
Learn more: n-soft.com/en/why-choose-us/
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Seeing N-Soft represented at the @IMFNews & @WorldBankGroup Annual Meetings for the third time is a source of great pride for me.
A special thank you to Arik Zenouda for representing our company so well in Bangkok. I appreciate the energy and dedication he brought to the week, and I look forward to hearing more about his experience.
Proud of our team and the work that has brought us here!
Africaās unregulated online gambling market represents $17.8B in GGR and an estimated $3.55B in lost tax revenue.
The demand, players, and payment ecosystems already exist. I believe digital transparency is key to bringing more of this activity into the regulated economy and mobilizing public revenue.
In Burundi, we've already seen what technology-driven oversight can achieve: a 552% increase in excise revenues from gambling and betting after just six months of operation.
Burundiās experience highlights the potential of technology-driven oversight. While every market is different, I believe similar approaches are worth exploring across Africa.
@GCIonX @findmoreafrica
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