Managers of Wealth Africa

CBZ after-tax profit falls to $5,8m

CBZ Holdings Limited recorded a 43,7% decline in after-tax profit to $5,8 million for the first quarter ending March 31 due to liquidity challenges and rising operational costs.

OECD clamps down on companies’ tax treaty abuse

The widespread prevalence of "tax treaty shopping" and treaty abuse has led to the introduction of stricter rules by the Organisation for Economic Cooperation and Development on the granting of treaty benefits

SOUTH AFRICA: Concerns over moves to track down tax cheats

Co-ordinated moves by South Africa and more than 40 "early adopter" countries to track down tax cheats and fight tax evasion raise questions about privacy and costs, especially for developing countries in Africa

Convention between Denmark and Ghana on Double Taxation

The Government of the Kingdom of Denmark and the Government of the Republic of Ghana have signed the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital Gains

Foreign firms under watch as URA joins global tax forum

They have big money and experienced staff, and operate with effortless sophistication

SA and US plan foreign tax compliance deal

The National Treasury and the SA Revenue Service were discussing entering into an inter-governmental agreement with the US on a foreign tax compliance act,

Sars, Treasury to sign US agreement

The National Treasury and the SA Revenue Service are discussing entering into an inter-governmental agreement with the United States on a foreign tax compliant act

Executives believe tax system encourages compliance

Almost 80% of South African business leaders who participated in the latest International Business Report survey conducted by Grant Thornton saw South Africa’s tax system as one that encourages tax compliance.

Zambia: Revise old laws to maximise tax revenue

This is why it is important that Government reviews some legislation

International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners

Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing.

City Diary: MPs tell Barclays' tax haven to get out of Africa

Thirteen MPs have tabled an early day motion condemning the "negative impact" of Barclays' offshore tax avoidance in Africa.

MPs tell Barclays' tax haven to get out of Africa

Thirteen MPs have tabled an early day motion condemning the "negative impact" of Barclays' offshore tax avoidance in Africa.

Ghana and Denmark sign Double Taxation Agreement

Ghana and Denmark have signed a Double Taxation Agreement, moving the bilateral cooperation between the two countries to another level.

Global multinationals in MENA brace for investigation into the taxes

OECD tax investigation focuses on MNCs with Mena branches

Seychelles' New FSA To Regulate Offshore Financial Sector

The authority's Chief Executive Wendy Pierre confirmed that the FSA has the capacity and the commitment to fulfill its mission, which is to provide a sound regulatory system in compliance with international laws and practices.

South Africa: Trusts still on Treasury’s radar

Despite National Treasury’s silence on proposed changes to trust legislation in Wednesday’s Budget, a review is still firmly on the agenda

Ghana loses $1.2bn to tax incentives

Ghana loses about $1.2 billion annually as a result of tax incentives, which are offered to major foreign companies operating in the country.

South Africa: Income tax hikes unlikely - Old Mutual Wealth's Chief Investment Strategist

Old Mutual Wealth's Chief Investment Strategist, Dave Mohr, says he expects Finance Minister Pravin Gordhan to hike income taxes.

South Africa: Is it time for a wealth tax?

With Finance Minister Pravin Gordhan's National Budget Announcement 2014 just a week away, one has to wonder whether he will consider instituting a wealth tax in an attempt to increase revenue collection.

Morocco Takes Strides To Combat Tax Evasion

Moroccan Finance Minister Boussaid has made clear to the country's Chamber of Councillors that the problem of capital flight abroad is not as widespread as initially feared,