Managers of Wealth Africa

RSMI strengthens African focus

The network is continuing its policy of encouraging its independent firms within countries to join together

South African Withholding Taxes

Over the past few years we have seen the introduction of various withholding taxes to the South African tax system.

Africa tax in brief by Celia Becker, ENS

Extensive Tax Reforms introduced

South African withholding taxes by Magda Snyckers and Liesl Visser, ENS

Over the past few years we have seen the introduction of various withholding taxes to the South African tax system.

Gambia: GRA, Ecobank Sign MOU

The MoU was signed to make it easier for taxpayers in the country to utilize Ecobank in paying their taxes and customs duties.

'Swiss Leaks' catastrophic for African economies

Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal.

99 Tanzanians reported to stash over 200bn/- in Swiss bank

Ninety nine Tanzanians own 114 million US dollars stashed away in 286 bank accounts in just one bank in Switzerland, a cache of leaked documents from the Swiss arm of the HSBC bank shows.

Swiss Leaks: South Africans stash R23 billion in Swiss bank accounts

Leaked files have provided details on South Africans holding Swiss bank accounts, including the notorious Fana Hlongwane. Find out how much has he been stashing….

Era of bank secrecy still far from over for developing countries: Christian Aid

G20 Finance Ministers meeting in Istanbul this weekend still have much to do if the claim ‘the era of bank secrecy is over’ is to mean anything in developing counties.

Tanzania tax breaks anger legislators

The explanation by the TRA boss was preceded by a question by Special Seats MP Esther Matiko

Tax issues take back seat on SA boards

Around the world, large, listed companies are troubled by cyber-security risks and company taxes, yet these concerns remain fairly low on the priority list of boards of directors.

PAC now calls for audit of all tax exemptions

The Parliamentary Public Accounts Committee has pushed for the auditing of all tax exemptions to determine their merit following concerns that some of them are worthless

SA must not miss out on e-commerce tax revenue, says Davis committee

There was no specific reference in the act to electronic transactions.

Tax Evasion; NLC blasts rich Nigerians

Nigeria is a country that is so rich and yet there is serious poverty

South Africa urged to finalise renegotation of Mauritius tax treaty

South African investors have used Mauritius as a vehicle for investing in other countries with which Mauritius has beneficial double taxation treaties.

Media urged to help fight tax evasion

Mr. Adogla Bessah, Assistant Commissioner at the Takoradi Medium Tax Office of the Ghana Revenue Authority, has urged the media to partner with the Authority to educate the public on the need to pay their taxes to the State.

PH steps up campaign vs cross-border tax evaders

The Philippines and 14 other developing countries have started to beef up efforts aimed at plugging tax leaks across borders under the auspices of a project spearheaded by the Organization for Economic Cooperation and Development

SARS clarifies tax exemptions on foreign pensions

You will not be taxed in South Africa on a pension that you accumulated while you worked outside the country, although this exemption is subject to several qualifications.

Infracos to enjoy tax holidays, others for broadband investments

This was one of the highlights of the Nigeria Investment meeting at the ongoing ITU World 2014 in Doha, Qatar.

Tax and investment protection trends in Africa in 2014 and predictions for 2015

In the African tax sphere, the trend remains for headline tax rates to continue to remain stable or decrease.