Managers of Wealth Africa

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,

Lagos Seals off Daily Trust Office over Alleged Evasion of N5.6m Tax

The Lagos State Government on Wednesday sealed off the Lagos Office of the Media Trust Ltd., publishers of the Daily Trust newspapers, over alleged refusal to remit N5.6 million tax.

New focus on high net worth individuals - Sars

Krok judgment provides strong legal basis.

Revenue Board Shuts Seven Companies In Lagos

Operatives of the Lagos State Internal Revenue Service has shut down seven companies for failing to remit N58.8 million personal income taxes of workers to government.

Deloitte leapfrogs PwC to become top accountant: global survey

Deloitte has pipped rival PwC to become the world's top accountant by revenue in the face of rising pressure on fees and new rules boosting competition, a global survey showed.

Guernsey signs two more DTAs

Guernsey has completed two further bilateral Double Taxation Arrangements (DTAs).

Forget FATCA – GATCA’s on the way, warns tax expert

The European Union has hinted moves are afoot for an EU FACTA to include all 28 nations belonging to the union.

Southern Africa: Executive Foresees Double Taxation Agreements With CPLP, SADC Countries

Executive intends to have cooperative agreements with international institutions and organisations

Pricewaterhouse Coopers comes to Rwanda

PricewaterhouseCoopers, a multinational professional service firm, has opened its doors in Rwanda’s capital Kigali, with an academy that will bridge the existing gap in the accounting profession in the country.

Revealed: Countries With The Highest Income Tax Rates

European countries feature high on the list of the nations with the world’s highest income tax rates

South Africa: Hedge funds wary of taxes despite new law

The Taxation Laws Amendment Act will limit the risk of double taxation for hedge funds, but industry experts are concerned there is a risk that trading profits could still be taxed within funds.