Managers of Wealth Africa

Nigeria: Rebuilding fiscal fairness through free zones, VAT, capital gains reform

Other African countries were evolving. Kenya pushed its tax-to-GDP ratio to 17 percent

Offences and penalties in new Nigerian Tax Act (1)

To enforce compliance and effective implementation, some guidelines, including penalties for flouting the laws, have been put in place. Some of the penalties have been outlined below.

Government proposes a new national tax, and South Africa’s richest city owes Microsoft R344 million

This indicated a potential slowdown in the economy and bolstered market expectations for a rate cut next month.

Tax ombud’s five-year plan is to gain greater independence from Sars

Critical for credibility and the protection of taxpayer rights.

The 2026 VAT reset: Why your receipt is changing and what it means for your wallet

The government proposes a radical overhaul of the consumption tax system, raising the VAT threshold and unifying rates.

Parliament approves $10.46m tax waiver for Tata Consultancy Services

The adoption of the report paved the way for implementation of the tax waiver, which government insists will benefit Ghana

Protection of tax bases in the OECD spotlight

Current geopolitical landscape heightens trade uncertainty and fiscal pressures.

Edward Kieswetter scores R1 trillion haul for SARS

Kieswetter was appointed as SARS commissioner in 2019, and his contract was expected to run through to April 2024.

VAT could be slashed to 6%, and another major world leader snubs South Africa

The rand temporarily dropped below the significant R17/USD mark for the first time since February 2023, reaching 16.955—its strongest level in more than two years.

Taxpayers could get a R20 billion ‘gift’ from government if SARS does its job

The allocation was intended in part to strengthen debt collection

VAT increases on the cards for South Africa

Godongwana will deliver the delayed mid-term budget following several attempts to pass the initial budget amid outcry over a proposed VAT increase.

South African taxpayers only get 5c value for every R1 they pay

An equally staggering statistic is that 1,051 companies paid 72.3% of all company income tax in South Africa.

Triple tax for South Africa is coming

The National Department of Health and Minister Aaron Motsoaledi revealed plans this past week to redirect taxes and adjust medical aid tax credits in South Africa to fund the NHI.

SARS nails single taxpayer for R155 million

In this case, SARS took legal action against the taxpayer and placed their estate under external administration due to insolvency or unpaid debts directly related to the tax liabilities.

Big VAT changes coming in South Africa

“Well, we know that whenever a politician says taxes are not going to increase, we must understand what they’re telling us—and it’s not the truth.”

Seven banks pay N674.68bn in taxes in H1

Ecobank Transnational Incorporated emerged as the highest tax-paying institution, with N186.35bn in income tax for the first half of 2025, up 41 per cent from N132.49bn in 2024.

GRA targets GH¢10b additional revenue with rollout of modified tax scheme for informal sector

The sector, which constitutes about 70 per cent of businesses in Ghana, contributes only around 30 per cent to GDP.

Reps probes tax deductions, multiple charges by banks

Civil and public servants, in particular, say they are being hit by multiple taxes, levies, and bank fees that reduce their already stretched incomes.

FIRS grows tax collection to N47.39tn

The tax agency exceeded its revenue target by 15 per cent, according to new performance figures obtained by our correspondent on Sunday.

SARS final demand warning to taxpayers in South Africa

A legitimate SARS letter of final demand is issued under the Tax Administration Act and represents a serious escalation in the debt collection process.