The Mozambican state has so far this year collected one billion meticais (15.7 million US dollars at the current exchange rate) in taxes in the Beluluane Industrial Park, on the …
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- BusinessEconomyKenyan NewsUncategorized
Kenyans Above 18-Years To Be Taxed says President William Ruto
The Government is seeking to expand tax collection by taxing every Kenyan with an ID card. President William Ruto said every Kenyan above 18-years should be issued with the Kenya …
- BusinessEconomyFinance & ServicesHealthcareMorocco
Government to Gradually Tax Sugary Products for ‘Public Health’
Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …
- EconomyFinance & ServicesHealthcareMorocco
Morocco Seeks to Scrap Tax on Imported Drugs and Health Products
The Moroccan government is in the process of drafting legislation that would scrap taxes on imported medications. According to a government statement released on Saturday, Morocco’s Minister of Health and …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaReal EstateWestern Africa
Senate urges FG to tax unoccupied houses in Abuja
The Senate Committee on Federal Capital Territory (FCT) has asked the federal government to tax unoccupied houses in the territory as a way of generating revenue and reducing housing deficit. …
- AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
SEC Nigeria proposes corporate bonds exemption from tax
The Securities and Exchange Commission (SEC) Nigeria, has asked the federal government to consider its proposal to exempt corporate bonds from tax payment to boost liquidity in the Nigerian capital …
- AfricaAFRICA NEWSBusinessEgyptInsuranceNewsNorth AfricaNorthern Africa
Egyptian government proposes amendment to UHI tax contribution law
The Egyptian government is preparing a draft bill to be presented to the Cabinet soon to amend some provisions of the Universal Health Insurance (UHI) Law to deduce the mandatory …
Federal Inland Revenue Service (FIRS) and State Inland Revenue Services have resolved to build a databank to improve tax investigation in Nigeria. The databank will contain information about all taxpayers …
- BusinessEastern AfricaEconomy
Digital Lenders Announce Increase In Loan Charges As New Tax Takes Effect
Digital Lenders Association of Kenya has announced plans to increase charges for borrowers as digital lenders begin effecting the proposed 20 percent excise tax on all credit facilities taken by …
- AfricaBusiness PoliciesWestern Africa
NEPZA, FIRS Agree on New Tax Regime for Economic Zones, Sign Pact
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 …