Managers of Wealth Africa

Zimbabwean companies want tax system to include booming informal economy

The informal economy is exerting pressure on formally registered businesses at a time expats are helping to prop up the economy.

EY South Africa announces milestone strategic partnership

Motlanalo is a 100% black women owned audit and advisory practice that currently employs 23 permanent staff and is on a strong growth trajectory.

Nigeria Targets Offshore Tax Assets

The minister revealed this in Abuja at the third annual conference on financial fraud, electoral fraud and cross-border crime organised by Forensic Insight and the Nigeria Police Force.

Industry pleas for dialogue on capped foreign income exemption

Treasury is sticking to its amendment to limit the tax-free income South Africans earn outside of the country to R1m.

OECD Looking to New U.S. Tax Law for Digital Tax Solutions

OECD Task Force on the Digital Economy working on alternatives to the EU digital tax plan

Andersen Global Expands Presence in Africa

The agreement further establishes Andersen Global’s footprint in Africa.

Global Forum on Tax Transparency marks a dramatic shift in the fight against tax evasion

The meeting marked the widespread rollout of automatic exchange of financial account of information.

KenGen tax bill on 2016 dividend pay hits Sh3.3bn

KenGen had benefitted from billions of shillings worth of investment deductions in construction of new power plants, a move that lowered its effective tax rate below the normal 30 per cent.

Tax evaders suck SA’s lifeblood, put Guptas to shame – global survey

Potential Revenue Losses Associated with Trade Misinvoicing, provides an estimate of the total value misrepresented and calculates the tax lost.

OECD Latest Report on Peer Review Results on Preferential Regimes: Mauritius tax regimes not harmful

The review is part of the OECD's Base Erosion and Profit Shifting (BEPS) Action 5

EU tax haven blacklist drops to five as Namibia removed

The EU wants the BVI to show it has economic substance by ensuring the taxes it collects within the financial services sector were generated through real economic activity in the territory.

The Changing Tax Landscape And Potential Costs Of Non-Compliance

More recently, professional football super stars, Lionel Messi and Christiano Ronalda were the focus of various tax investigations.

Mnangagwa Wants To Remove Mthuli’s 2% Transactional Tax

Government took to heart the cry that the two percent transactional tax has compounded the tax burden for both business and for the consumer.

PENCOM Releases Guidelines on Voluntary Pension Contribution

The Guidelines provides uniform set of rules for the operation of VCs.

President Kenyatta puts tax evaders on the spot

President Uhuru Kenyatta has sent a stern warning to tax evaders in the country.

Widening tax net vital for Africa

Inspired by the 2019 celebration of the 10th anniversary of Ataf's creation, the participants looked forward to creating solutions and transforming African tax systems over the next decade.

Zimbabwe tax system hit by low compliance levels

The Zimbabwe Revenue Authority (Zimra) recently said about 60 percent of registered taxpayers were not up to date with their tax payments.

Tax: Assessing merits of offshore assets returns

Nations are mindful of sources of funds flowing in and out of their shores.

Tax evasion: Buhari moves against errant offshore assets owners

Shehu stated that in signing the order, Buhari noted that under the Nigerian law, every citizen had the duty to declare their income and assets and pay taxes on them, but regretted that this, in most instances, had not been the case.

Tax Inspectors Without Borders making significant progress

Audits cover a cross-section of industry sectors including agriculture, construction, financial services, information technology and communications, hospitality, manufacturing and mining.