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October 23, 2025
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WESTERN AFRICA

Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026

October 13, 2025October 13, 2025 - by admin - Leave a Comment

Nigeria is set to triple the Capital Gains Tax (CGT) on profits earned by foreign investors trading in local equities — from 10% to 30%, effective January 2026. The new …

Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026 Read More
Banks and Agencies to Enforce Withholding Tax on Short-Term Securities
WESTERN AFRICA

Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities

September 19, 2025September 19, 2025 - by Jeremiah Amosu - Leave a Comment

The Federal Inland Revenue Service (FIRS) has issued a stern directive to banks, discount houses, stockbrokers, bond issuers, market makers, and government agencies, mandating strict compliance with withholding tax rules …

Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities Read More
South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate
SOUTHERN AFRICA

South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate

August 1, 2025August 1, 2025 - by admin - Leave a Comment

South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate. South African exports to the United States will now face a steep 30% tariff, effective August 7, 2025, following a …

South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate Read More
South Africa Enhances Tax Accessibility with Sign Language Services
SOUTHERN AFRICA

South Africa Enhances Tax Accessibility with Sign Language Services

July 25, 2025July 25, 2025 - by Jeremiah Amosu - Leave a Comment

South Africa Enhances Tax Accessibility with Sign Language Services. The South African Revenue Service (SARS) has announced the availability of South African Sign Language (SASL) interpreters at selected branches, reinforcing …

South Africa Enhances Tax Accessibility with Sign Language Services Read More
Kenya Approves Tax Exemptions for Disaster Relief Items
EASTERN AFRICA

Kenya Approves Tax Exemptions for Disaster Relief Items

July 24, 2025July 24, 2025 - by Jeremiah Amosu - Leave a Comment

Kenya Approves Tax Exemptions for Disaster Relief Items. In a decisive move to enhance emergency preparedness, Kenya’s National Assembly has approved amendments to the National Disaster Risk Management Bill, introducing …

Kenya Approves Tax Exemptions for Disaster Relief Items Read More
Nigeria Crosses Mid-Year Tax Milestone, Hits Over ₦14 Trillion in Revenue
WESTERN AFRICA

Nigeria Crosses Mid-Year Tax Milestone, Hits Over ₦14 Trillion in Revenue

July 23, 2025July 23, 2025 - by Jeremiah Amosu - Leave a Comment

Nigeria Crosses Mid-Year Tax Milestone. Nigeria has recorded a remarkable leap in tax revenue collection for the first half of 2025, exceeding half of its annual target despite challenges in …

Nigeria Crosses Mid-Year Tax Milestone, Hits Over ₦14 Trillion in Revenue Read More
Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy
WESTERN AFRICA

Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy

July 18, 2025July 18, 2025 - by Jeremiah Amosu - Leave a Comment

Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy. In a renewed effort to enhance Nigeria’s tax system, the Federal Inland Revenue Service (FIRS) and the Office of the …

Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy Read More
Ghana Implements New Fuel Levies to Boost Energy Revenue Amid Austerity Push
WESTERN AFRICA

Ghana Implements New Fuel Levies to Boost Energy Revenue Amid Austerity Push

July 16, 2025July 16, 2025 - by admin - Leave a Comment

Ghana Implements New Fuel Levies to Boost Energy Revenue Amid Austerity Push. Ghana’s tax authorities have officially commenced the implementation of increased levies on petroleum products, as part of broader …

Ghana Implements New Fuel Levies to Boost Energy Revenue Amid Austerity Push Read More
South Africa Urged to Lead Global Push for Wealth Tax Reform
SOUTHERN AFRICA

South Africa Urged to Lead Global Push for Wealth Tax Reform

July 16, 2025July 16, 2025 - by admin - Leave a Comment

South Africa Urged to Lead Global Push for Wealth Tax Reform. A coalition of civil society organizations and tax justice advocates is calling on the South African government to implement …

South Africa Urged to Lead Global Push for Wealth Tax Reform Read More
Kenya Surpasses 2024/25 Revenue Target with Ksh 2.57 Trillion Collection
EASTERN AFRICA

Kenya Surpasses 2024/25 Revenue Target with Ksh 2.57 Trillion Collection

July 10, 2025July 10, 2025 - by admin - Leave a Comment

The Kenya Revenue Authority (KRA) has exceeded its revenue target for the 2024/2025 fiscal year, collecting a total of Ksh 2.571 trillion against a target of Ksh 2.555 trillion. This …

Kenya Surpasses 2024/25 Revenue Target with Ksh 2.57 Trillion Collection Read More

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Africa Tax Review

Delivers simplified, in-depth, and holistic insights into Africa’s tax landscape.

Recent Posts

  • Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026
  • Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities
  • South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate
  • South Africa Enhances Tax Accessibility with Sign Language Services
  • Kenya Approves Tax Exemptions for Disaster Relief Items

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About Africataxreview

Africa Tax Review delivers simplified, in-depth, and holistic insights into Africa’s tax landscape.

Recent Posts

  • Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026
  • Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities
  • South Africa Faces 30% U.S. Tariff as Trade Tensions Escalate
  • South Africa Enhances Tax Accessibility with Sign Language Services
  • Kenya Approves Tax Exemptions for Disaster Relief Items

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