Managers of Wealth Africa

Accountant-General To Stop State-Owned Enterprises From Banking With Commercial Banks

Mr Asante Ofosuhene, says all such funds will be moved to the Bank of Ghana as part of the implementation of the Treasury Single Account (TSA).

South Africa taxman names and shames

Any suggestion that the South Africa Revenue Service was making empty threats when it said it would convict and publicly name those who failed to submit outstanding tax returns has officially been put to rest.

Grow local business through the Income Tax Act - venture capital experts

The Act also broadens the scope for companies that can be listed, which allows venture capital companies and funds to invest in them

Wealth tax is not well–thought out

This will make it more difficult for government to borrow on the capital markets

Nigerian investors in U.K offshore properties at risk of 40% death tax

On the possible reason for the new death tax, experts cited after the global recession and the advert of Brexit.

‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services

Earlier this month, Kenya’s biggest mobile phone operator, Safaricom, came out against another proposed tax rise which would increase the excise duty on mobile transfers to 12 percent from 10 percent.

How taxpayers can benefit from Kenya’s foreign income amnesty

The typical Kenyan last-minute culture will once again rear its head as the deadline looms. As the rush begins, here are the things to note while preparing for the declaration.

Meet The Entrepreneur Keen To Launch SA's First Black Female-Owned Bank

'You can't talk economic freedom if you do not have a financial institution; you need a bank that will support black entrepreneurs.'

Manuel: SA auditors got too comfortable

We were feeling too comfortable about ourselves and in that environment no one wanted to call out what they were seeing

Are foreign trusts still relevant for South Africans?

More specifically, with the implementation on March 1 2017 of Section 7C of the Income Tax Act, which addresses low or no interest loans to trusts, the 2018 tax year marks the first year where South African taxpayers are subject to a Section 7C liability.

Corruption Gutted South Africa’s Tax Agency. Now the Nation Is Paying the Price.

The tax commissioner, Ivan Pillay, said he tried to be discreet, visiting the president several times from 2012 to 2014 to prod him to comply.

Kenya Revenue Authority gets Sh8.3 billion from arbitration

The ADR resolved a total 181 tax disputes in the last three years, according to the taxman Read more at: https://www.standardmedia.co.ke/business/article/2001283076/kenya-revenue-authority-gets-sh8-3-billion-from-arbitration

Africa should stop tax holidays – expert

He stressed that African governments need to create a sovereign wealth fund that can rake in taxes through different sources in order to be able to respond to certain challenges, while promoting trade and growth.

Owners of overseas billions rush to file returns ahead of deadline

The amnesty, targeting foreign earned income up to the period ended December 2016, was extended for another six months last December following delay by the taxman to issue guidelines on filing and repatriating wealth stashed in offshore accounts.

How Nigeria doesn't want to be lax on tax no more

The money is desperately needed. Widening Nigeria’s tax base will help boost non-oil revenue in Africa’s largest economy, which is limping out of its worst recession in 25 years.

How Nigeria doesn't want to be lax on tax no more

The money is desperately needed. Widening Nigeria’s tax base will help boost non-oil revenue in Africa’s largest economy, which is limping out of its worst recession in 25 years.

Investment hubs lead to higher tax income and growth in developing countries

Investment hubs are jurisdictions that facilitate the flow of international investments, thanks to their stable legal and political environment, a sound financial infrastructure, and a professional ecosystem.

Africa still leaking billions through tax evasion

They do this with the help of professional tax experts, hired by banks, financial advisory or asset management companies and firms providing professional services. The service goes by many innocuous names, including transfer pricing.

Tax on cryptocurrency transactions: SARS should come to the aid of taxpayers

Though SARS' announcement on the tax status of cryptocurrencies has been anticipated, at this late stage it may come as a shock to many to learn that, not only will their cryptocurrency transactions be taxable going forward, but that tax legislation

Changes to the anti-avoidance rules on dividend stripping and share buy-backs in terms of the Taxation Laws Amendment Act, 2017

Baha Mar created about 4,000 jobs by March 2018 and helped reduce the unemployment rate to 10.1 percent in November 2017, from 11.6 percent one year earlier. Inflation remains low despite higher oil prices.