Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious economic overhaul in Nigeria in recent history. He predicted that …
Taxation
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BusinessEconomyGovernanceLawPoliticsTaxation
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Anti-CorruptionEconomyGovernanceLawNigeriaPublic FinanceTaxation
FIRS and EFCC Strengthen Partnership to Boost Tax Compliance and Protect Public Revenue
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their pledge to work more closely together in order to strengthen Nigeria’s tax compliance …
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The Federal Government has announced that Tax Identification Numbers (Tax ID) will become compulsory for Nigerians and organisations involved in banking, insurance, stock trading, and other allied services starting from …
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EconomyFinancePublic HealthPublic PolicySouth AfricaTaxation
South Africans Urged to Take Note of Medical Tax Claims
As South Africans continue with the 2025 tax season, new details have emerged about how taxpayers can benefit from medical tax claims beyond the usual medical aid credits. Many citizens …
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BusinessEconomyGovernanceTaxationTechnology
FIRS Cautions Taxpayers on Hiding Transactions as E-Invoicing System Goes Live
The Federal Inland Revenue Service (FIRS) has warned taxpayers against the temptation of concealing business transactions under the new National E-Invoicing Solution, also known as the Merchant-Buyer Model. The agency …
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EconomyEnergyGOVERNMENTInfrastructureSocial WelfareTaxation
FG Clears N2tn Capital Debt, Promises Faster 2025 Project Funding
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
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BusinessCorporate AffairsEconomyMonetary PolicyNewsTaxationZIMBABWE
Treasury’s Tough Stance Raises Heat on Zimbabwean Companies
Zimbabwe’s corporate sector is facing fresh pressure after the country’s Finance Minister, Professor Mthuli Ncube, used his mid-term budget review to focus more on boosting government revenue than providing incentives …
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BusinessEconomyEgyptGovernment PolicySmall BusinessTaxation
Egypt Makes Simplified Tax System a Permanent Support for Small Businesses
Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …
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BusinessEconomyGOVERNMENTNigeriaTaxationTechnology
FG launches E-fiscal platform to crack down on tax evasion
The Federal Government has started the rollout of a new national Electronic Fiscal System (EFS) aimed at modernising Nigeria’s tax administration, reducing tax evasion, and improving transparency in revenue collection. …
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BusinessEconomyFinanceGovernment PolicyTaxationTrade and Commerce
Kenya Mulls VAT Refund Offsets as Ruto Courts Businesses
Kenyan businesses could soon be allowed to use their pending Value Added Tax (VAT) refunds to pay off other tax obligations if a proposal presented to President William Ruto is …