Business policy news from Africa: regulation, tax, trade rules and government decisions that affect companies and investors.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …
The Johannesburg Stock Exchange (JSE) on Wednesday afternoon issued a note to traders stating that trading had been halted as a result of “intermittent disconnects across all markets and services.” …
The Federal Government says it has started the implementation of the N10 per liter sugar tax on beverages to reduce the incidences of Non-communicable Diseases. Mr. Dennis Ituma, Chief Superintendent …
The Nigerian Communications Commission (NCC) has finally signed a Public Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to …
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have signed a pact aimed at enhancing a better understanding of the Free Trade Zones Scheme’s …
Operations are soon to begin at Sibanye-Stillwater gold mines in South Africa after it signed a three-year wage agreement with trade unions, the miner said in a statement on Monday. …
Nigeria has canceled plans to issue $950 million selling overseas bonds, owing to unfavorable market conditions during the time frame approved for the fundraising. Finance Minister Zainab Ahmed said in …
There are palpable fears of job loss in the financial sector as banks move to contain rising high operating costs.In the first quarter of the year, the cost of diesel …
The Federal Inland Revenue Service (FIRS) has called for improved collaboration among countries with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries to effectively tax …
This comes after several criticisms from a large portion of the Ghanaian population since its announcement in November 2021 by the country’s finance minister. Some industry stakeholders have supported the …
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