Managers of Wealth Africa

Transfer duty 'now a wealth tax'

If you're in the low or middle-income market and you're looking to buy property, Finance Minister Nhlanhla Nene's first Budget offers relief for you.

South African budget raises taxes and cuts spending

South Africans were told on Wednesday to prepare for higher taxes, cutbacks in spending and three more years of power cuts.

Seychelles deepens commitment to fight offshore tax avoidance and evasion

The signing of the Convention represents another important step in Seychelles’ efforts to improve its legal framework and practices in the field of exchange of information for tax purposes

South Africa: Providers set to compete for your tax-free savings

The regulations state which financial services companies will be able to offer you underlying investments.

Algeria, Great Britain Sign Non-Double Taxation Agreement

This agreement, between the Algerian and British governments, is meant to encourage trading and investments between the two countries.

Moroccan king says Swiss HSBC bank account in accordance with country’s law

King Mohammed VI says sum of money held by him in HSBC account was transferred there in total transparency with formal, prior agreement of exchange office

RSMI strengthens African focus

The network is continuing its policy of encouraging its independent firms within countries to join together

South African Withholding Taxes

Over the past few years we have seen the introduction of various withholding taxes to the South African tax system.

Africa tax in brief by Celia Becker, ENS

Extensive Tax Reforms introduced

South African withholding taxes by Magda Snyckers and Liesl Visser, ENS

Over the past few years we have seen the introduction of various withholding taxes to the South African tax system.

Gambia: GRA, Ecobank Sign MOU

The MoU was signed to make it easier for taxpayers in the country to utilize Ecobank in paying their taxes and customs duties.

'Swiss Leaks' catastrophic for African economies

Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal.

99 Tanzanians reported to stash over 200bn/- in Swiss bank

Ninety nine Tanzanians own 114 million US dollars stashed away in 286 bank accounts in just one bank in Switzerland, a cache of leaked documents from the Swiss arm of the HSBC bank shows.

Swiss Leaks: South Africans stash R23 billion in Swiss bank accounts

Leaked files have provided details on South Africans holding Swiss bank accounts, including the notorious Fana Hlongwane. Find out how much has he been stashing….

Era of bank secrecy still far from over for developing countries: Christian Aid

G20 Finance Ministers meeting in Istanbul this weekend still have much to do if the claim ‘the era of bank secrecy is over’ is to mean anything in developing counties.

Tanzania tax breaks anger legislators

The explanation by the TRA boss was preceded by a question by Special Seats MP Esther Matiko

Tax issues take back seat on SA boards

Around the world, large, listed companies are troubled by cyber-security risks and company taxes, yet these concerns remain fairly low on the priority list of boards of directors.

PAC now calls for audit of all tax exemptions

The Parliamentary Public Accounts Committee has pushed for the auditing of all tax exemptions to determine their merit following concerns that some of them are worthless

SA must not miss out on e-commerce tax revenue, says Davis committee

There was no specific reference in the act to electronic transactions.

Tax Evasion; NLC blasts rich Nigerians

Nigeria is a country that is so rich and yet there is serious poverty