African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
South Africa’s two biggest political parties, the African National Congress (ANC) and the pro-business Democratic Alliance (DA), are still struggling to reach an agreement on the national budget. The deadlock …
MTN and South African Revenue Services (SARS) are battling a case where the mobile network operator demands clarity about how VAT should apply to airtime vouchers according to PricewaterhouseCoopers (PWC) …
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money banks in Nigeria to withhold Value Added Tax (VAT) …
Wealthy households and firms have lost Sh145.39 billion in tax benefits after the taxman cut back on incentives in the five years to 2021, new Treasury data has shown. These …
The Kenya Revenue Authority will not extend the July 31 deadline for transitioning from the old Electronic Tax Registers (ETRs) to the upgraded ETRs. This leaves traders with two days …
SARS, The South African Revenue Service has finally won its bid to deny Capitec the R71.5 million VAT return it claimed back in 2017. The tax collector and the bank have …