Tax updates across Africa, simplified
Nigeria and South Africa Among Top Revenue Losers as Informal Sector Growth Outpaces Regulation Africa may be missing out on over $125 billion in annual tax revenue due to the …
Africa Loses $125 Billion in Tax Revenue Due to Informal Economy — AfDB Warns Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) has endorsed the proposed 2024 Tax Reform Bill, describing it as a critical step toward modernizing Nigeria’s tax framework and improving fiscal policy. …
NEITI Supports 2024 Tax Reform Bill to Modernize Nigeria’s Tax System Read More
For over a decade, the African Tax Administration Forum (ATAF) and the African Development Bank (AfDB) have joined forces to drive Africa’s development through innovative resource mobilisation strategies. This collaboration …
ATAF, AfDB’s Decade of Strategic Partnership now Active Read More
For months, a major tax headline that has featured in countries like Uganda, Tanzania and Kenya has centred around having a harmonized tax rates across sectors Streamlining taxation to avoid …
EAST AFRICA: Private Sector Opens Advocacy on Uniform Taxation Across Region Read More
If the ongoing regional tax approach in Eastern Africa is anything to go by, the manufacturing sectors particularly in Kenya and Uganda will be the worst hit. Coupled with the …
EAST AFRICA: Higher Taxes in the Offing for Manufacturers Read More
The need for the adoption of innovations to enhance the intercontinental tax approach has been reiterated to the AfCFTA’s members. Members of the African Continental Free Trade Area (AfCFTA) were …
AfCFTA Member Countries Asked To Adopt Innovation In Tax Mobilization Read More
With 70% of the world volume of mobile money transactions, Africa now shows huge potential with mobile money growth hence an increased focus by the government on taxing the sector. …
AFRICA: New Study Points Risk of Poverty with Rising Mobile Money Taxes Read More
A new report by PricewaterhouseCoopers capturing a series of tax activities in the African nation shows the continent as a whole is expanding its tax net. As a solution to …
AFRICA: New Report Shows Countries Are Expanding Tax Net Read More
Last year’s international tax deal that involved 136 countries and jurisdictions under the umbrella of the Organisation for Economic Co-operation and Development, OECD is fast becoming an eye-opener on the …
AFRICA: Nigeria Lead Talks with Other Countries to Tax Digital Businesses Read More
East African countries under the aegis of EABC have pushed for the harmonization of taxes in the sub-region East African Business Council (EABC) as part of its efforts to ensure …
East African Business Council Pushes for tax Harmonization Read More