Tax updates across Africa, simplified
Nigeria Banks Resume International Transactions on Naira Cards. In a move that reflects growing confidence in Nigeria’s foreign exchange reforms and broader fiscal environment, Nigerian banks have resumed international transactions …
Nigeria Banks Resume International Transactions on Naira Cards Amid Renewed FX Stability Read More
WHO Unveils Global Health Tax Initiative to Tackle Chronic Disease. Earlier this week, the World Health Organization (WHO) introduced a bold new campaign urging governments across the globe to adopt …
WHO Unveils Global Health Tax Initiative to Tackle Chronic Disease Read More
Nigeria Signs Double Taxation. Late last week, Nigeria and Rwanda took a bold step toward strengthening fiscal cooperation by signing an agreement on the Avoidance of Double Taxation and Prevention …
Nigeria Signs Double Taxation Treaty with Rwanda Read More
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