12/08/2020
Global Alliance for Tax Justice said tax loss of $25.7 billion every year is equivalent to 52.46 percent of the continent’s combined health spending and equates to 28.67 percent of Africa’s combined education spending.
12/07/2020
Global Alliance for Tax Justice said tax loss of $25.7 billion every year is equivalent to 52.46 percent of the continent’s combined health spending and equates to 28.67 percent of Africa’s combined education spending.
12/06/2020
The government will, however, continue to cushion low-income earners by retaining 100 percent tax exemption/relief for those earning monthly incomes of Ksh24,000 ($240) and below.
12/04/2020
KBA Housing Index, for instance, showed demand for apartments shrank 63 percent in an overall subdued price trend.
11/30/2020
Tax Evasion Costs Morocco Over $521 Million Per Year
Morocco suffers the eighth-largest corporate tax losses in Africa.
11/26/2020
The FNB House Price Index (HPI) showed annual house price growth flatlined in October, reaching 2.6% y/y (last month downwardly revised from 3.1%).
11/26/2020
The country most affected by this phenomenon of tax evasion is Nigeria, followed by South Africa, Egypt, and Angola.
11/25/2020
Kenya ranks second in the amount of stolen donor funds hidden overseas, behind Jordan which had Sh350 billion stashed abroad.
11/25/2020
Domestic public resources are central to development as recognized by the Sustainable Development Goals (SDGs) and the Addis Ababa Action Agenda – resulting from an international conference held in the Ethiopian capital in 2015.
11/23/2020
Allowances such as your travel allowance are also taxed at the same rate.
11/23/2020
The Treasury’s talk of imposing higher taxes on the rich follows a global pressure for the wealthy to pay more duty and help impoverished populations survive the coronavirus and its economic hardships.
11/23/2020
This will require a shift from the instrumentalisation of foreign aid for securitisation purposes, a fundamental rethink of globalisation and development, and political leadership.
11/18/2020
BURKINA FASO: Multilateral Instrument instrument of ratification deposited
11/16/2020
East African Community partner states have recorded massive decline in revenues with the quarter from July to September being the worst with revenue growth ranging from -44.9 percent to 2.1 percent.
11/12/2020
During that period it restructured customer loan facilities worth 105 billion shillings to cushion borrowers from the impact of the COVID-19 crisis, KCB said.
11/10/2020
The fee is charged by banks for processing and accepting card-based transactions on behalf of their rivals.
11/09/2020
The authority has in recent months engaged in an aggressive crackdown on rich individuals and companies in the race to grow tax collections, netting thousands of tax cheats and evaders.
11/06/2020
The group said that there are thousands of South Africans who have net assets of $1 million or more, and 2,070 South Africans who have net assets of $10 million or more.
11/05/2020
Lawmakers call for Nock winding up to save taxpayer funds
Kilifi South MP Ken Chonga said Nock had accumulated huge debt when it is supposed to do business and pay its bills.
11/05/2020
Rethink push for more debt
Apart from runaway spending, the government has not been aggressive enough to stamp out widespread corruption as hundreds of billions of shillings in public funds are lost every year.