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The Africa Tax Review

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Egyptian Parliament Approves Tax Incentives to Boost Business Confidence
NORTHERN AFRICA

Egyptian Parliament Approves Tax Incentives to Boost Business Confidence

February 6, 2025February 6, 2025 - by Jeremiah Amosu - Leave a Comment

The Egyptian Tax Authority, led by Rasha Abdel Aal, has reaffirmed the Finance Ministry’s commitment to introducing a series of tax incentives and streamlined procedures aimed at easing the burden …

Egyptian Parliament Approves Tax Incentives to Boost Business Confidence Read More
South African Rand Weakens as Markets Await Ramaphosa's Economic Address
SOUTHERN AFRICA

South African Rand Weakens as Markets Await Ramaphosa’s Economic Address

February 6, 2025February 6, 2025 - by Jeremiah Amosu - Leave a Comment

The South African rand weakened on Thursday as investors turned their focus to President Cyril Ramaphosa’s annual State of the Nation Address (SONA) for insights into the country’s economic and …

South African Rand Weakens as Markets Await Ramaphosa’s Economic Address Read More
ZRA Achieves Record 81bn Revenue Collection in January 2025
EASTERN AFRICA

ZRA Achieves Record 81bn Revenue Collection in January 2025

February 6, 2025February 6, 2025 - by admin - Leave a Comment

The Zanzibar Revenue Authority (ZRA) has set a new record in revenue collection, gathering 81.512bn/- in January 2025. This figure surpasses its target of 80.984bn/- and reflects an efficiency rate …

ZRA Achieves Record 81bn Revenue Collection in January 2025 Read More
Uganda Government Seeks Tax Waiver Extension for Bujagali Hydro Power
EASTERN AFRICA

Uganda Government Seeks Tax Waiver Extension for Bujagali Hydro Power

February 5, 2025February 5, 2025 - by Jeremiah Amosu - Leave a Comment

The Ugandan government has presented the Income Tax (Amendment) Bill, 2025 to Parliament, proposing an extension of the tax exemption for the Bujagali Hydro Power Project until June 30, 2025. …

Uganda Government Seeks Tax Waiver Extension for Bujagali Hydro Power Read More
Lagos Mandates Tax Clearance for Free WAEC Registration
WESTERN AFRICA

Lagos Mandates Tax Clearance for Free WAEC Registration

February 5, 2025February 5, 2025 - by admin - Leave a Comment

The Lagos State Internal Revenue Service (LIRS) in Nigeria’s commercial capital has announced that parents or guardians of SS3 students in state-funded secondary schools must present a Tax Clearance Certificate …

Lagos Mandates Tax Clearance for Free WAEC Registration Read More
Wealthy South Africans Relinquish Tax Residency
SOUTHERN AFRICA

Wealthy South Africans Relinquish Tax Residency

February 4, 2025February 5, 2025 - by admin - Leave a Comment

South Africa is witnessing a rising trend of high-net-worth individuals opting to cease their tax residency. This shift is driven by better investment opportunities, higher income potential, and improved lifestyle …

Wealthy South Africans Relinquish Tax Residency Read More
Tax System in Nigeria Gets Overhaul as FIRS Launches Uniform SOP for Nationwide Consistency
WESTERN AFRICA

Nigeria: FIRS Introduces Withholding Tax System to Boost Compliance

February 4, 2025February 4, 2025 - by Jeremiah Amosu - Leave a Comment

The Federal Inland Revenue Service (FIRS) has officially launched a new withholding tax system aimed at improving tax collection, ensuring compliance, and increasing government revenue. Enhancing Efficiency and Transparency In …

Nigeria: FIRS Introduces Withholding Tax System to Boost Compliance Read More
Nigeria Aims to Ease Inflation by Exempting Essentials from VAT
WESTERN AFRICA

Nigeria Aims to Ease Inflation by Exempting Essentials from VAT

February 3, 2025February 3, 2025 - by admin - Leave a Comment

Nigeria is implementing significant tax reforms aimed at reducing inflation and stimulating economic growth. A key component of these reforms is the proposed increase in the Value-Added Tax (VAT) rate …

Nigeria Aims to Ease Inflation by Exempting Essentials from VAT Read More
Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage
EASTERN AFRICA

Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage

February 3, 2025February 3, 2025 - by admin - Leave a Comment

Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage. In a strategic move to bolster tax compliance, Kenya has extended its tax amnesty initiative by six months, now concluding on …

Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage Read More
VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya
EASTERN AFRICA

VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya

February 3, 2025February 3, 2025 - by Jeremiah Amosu - Leave a Comment

VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya. In a pivotal decision, Kenya’s Tax Appeals Tribunal (TAT) has ruled that auction sales conducted for debt recovery purposes …

VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya Read More

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Africa Tax Review

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

Recent Posts

  • Nigeria Signs Double Taxation Treaty with Rwanda
  • Egypt Closes Window for Tax Dispute Settlements Today, June 30
  • What You Should Know About the Newly Signed Nigerian Tax Laws
  • Kenya Enacts New Tax and Spending Laws to Fund 2025/26 Budget Priorities
  • Nigeria: Tinubu to Sign Four Tax Bills into Law Today, June 26, 2025

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About Africataxreview

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

Recent Posts

  • Nigeria Signs Double Taxation Treaty with Rwanda
  • Egypt Closes Window for Tax Dispute Settlements Today, June 30
  • What You Should Know About the Newly Signed Nigerian Tax Laws
  • Kenya Enacts New Tax and Spending Laws to Fund 2025/26 Budget Priorities
  • Nigeria: Tinubu to Sign Four Tax Bills into Law Today, June 26, 2025

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