Managers of Wealth Africa

Anambra criticises bank for failing to pay tax

The HOS described the development as very unfortunate and wondered why it lasted for several weeks.

The Latest Clampdown on Tax Avaders in Nigeria Explained

The agency will be working with commercial banks and stakeholders in the industry to nab defaulters, a move that has generated mixed reactions and a general panic in the business circle.

Panic, uncertainty about expat tax

Tax practitioners concerned about practical application, Tax Indaba hears.

South Africa May Miss Tax Target

There is now additional downside risk to the tax revenue projected at the beginning of the year because of the contraction in the economy

Higher taxes across East Africa will stifle economic growth, slow investments

Uganda’s Finance minister Matia Kasaija, also increased excise duty on mobile money and bank charges from 10 per cent to 15 per cent.

Overlooked endowments have tax, estate planning benefits

Lower costs, increased investment options and better transparency have addressed previous scepticism.

Zimra says to reform tax collection processes

Zimbabwe’s tax system was characterised by high tax evasion, tax avoidance and corruption

South African Tax Authority Not Sparing Crypto Traders

Authorities in South Africa are dishing out regulations in the face of increasing crypto trading in the nation

Telecoms, Bank of Uganda want mobile money tax scrapped

If you over tax a young industry you might end up killing that industry

Wilderness gives ‘tax haven company’ slice in its Botswana paradise

Jennings said there can never be a case of tax avoidance against Botswana by Great Exploration or Xigera Lodge

Loan funding to offshore trusts: the interaction of applicable tax anti-avoidance measures by Hannelie La Grange

Certain tax anti-avoidance measures are aimed at curbing the transfer of wealth to offshore trusts on loan account where such loans bear interest at below market related rates.

Deloitte to become joint auditor of Old Mutual alongside incumbent KPMG

However, KPMG eventually had to face the music in recent months, when the Auditor General’s office terminated relations with the firm

South African football agent’s £1.2m tax avoidance own goal

The scheme involved investments in the recruitment and training of young footballers

Tax agency goes after South African billionaire

I will be taking legal advice on whatever is misleading

Old Mutual appoints Deloitte as joint auditor in a blow to KPMG

Old Mutual believes it is prudent to appoint a joint auditor

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.