By Achare Takor, Head of Intellectual Property Desk, Centurion Law Group An Overview of Section 124b of the General Tax Code Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor […]
Tag Archives: tax
By Ibrahim Moshood, Associate and Tozaye Balogun, Director of Tax Services, Centurion Law Group The Federal Inland Revenue Service (“FIRS”) recently issued a Revised Information Circular on the Tax Treatment of Non-Governmental Ogranisations (NGOs), hereafter referred to the as “Revised Information Circular” or “the Circular”. The Circular, published on 31 March 2021, amends, updates or […]
By Prenisha Govender, Associate, Tax, and Angelo Tzarevski, Senior Associate, Competition & Antitrust, Baker McKenzie Johannesburg The South African Government recently approved a tax on South Africa’s exported chrome, although the tax percentage and further details are still to be announced. The ferrochrome ore industry has been severely threatened in recent years, mostly due to […]
NEW YORK, Dec., 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive Landscape http://www.reportlinker.com/p01057646/South-Africa-Platinum-Mining-Market-Overview-and-Forecast-to-2020-Trends-Fiscal-Regime-Major-Projects-and-Competitive-Landscape.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Metal_and_Mineral South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive […]
African Utility Week to assist Large Power Users to face energy obstacles The proverbial axe is falling on ‘business as usual` as every industry in South Africa, from mining to manufacturing to retail, is cringing at the thought of rising energy tariffs and the impending implementation of a carbon tax. Stemming the tide of rising […]
MTN- Tax Evasion Press ( .pdf Acrobat reader) Allegations of Tax Evasion (Microsoft Word) Dear All, I wish to set the record straight on various negative and inaccurate stories that have appeared in the media over the last couple of weeks: In Mid-September, MTN Uganda discovered suspicious supply chain payments made to several service providers. […]
Synopsis Project feedback mechanisms driven by participatory budgeting and new innovations in information communication technology are working to successfully build transparency, increase accountability and overcome a long history of mistrust in the Democratic Republic of Congo’s South Kivu Province. Challenge Following decades of colonial rule, conflict upon conflict, mismanagement, and internal corruption, the Democratic […]
Small business payroll software ezPaycheck was updated with new and more flexible features to allow users print paychecks and stubs on blank stock easily. Try it free for 30 days at http://www.halfpricesoft.com Detroit, MI, November, 2012 –(PR.com)– Small business payroll software ezPaycheck was released with new feature to print paycheck with stubs on blank check […]
KAMPALA, Uganda, November 6, 2012/African Press Organization (APO)/ – An International Monetary Fund (IMF) team visited Kampala from October 24 to November 6, 2012 to carry out discussions with the Ugandan authorities for the fifth review of their IMF-supported economic and financial program. The mission met with Hon. Maria Kiwanuka, Minister of Finance, Planning, […]
By Thandisizwe Mgudlwa An initiative aimed at mobilizing the Global business community to achieve sustainable prosperity must be taken seriously. A document released from Washington, D.C reveals that transnational corporations are now so numerous and in some cases so well capitalized that their global influence now rivals and in many cases exceeds that of […]
More than 25,000 Americans Work in Equatorial Guinea Today MALABO, Equatorial Guinea, Nov., 2012 /PRNewswire-USNewswire/ — Investing in Equatorial Guinea is a flexible and friendly process, according to American businessman John James. In a recent interview with Focus Washington, John James, founder and chairman of JD James & Company, an advisory firm serving governments, government […]
ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — New Core Banking Solution to Improve Customer Service and Operational Efficiency Bunna International Bank, a leading player in the Ethiopian market, today announced the selection of Finacle[TM] core banking solution [http://www.infosys.com/finacle ] from Infosys for its transformation journey. Finacle […]
PARIS, France, October 25, 2012/African Press Organization (APO)/ – The OECD and the African Tax Administration Forum (ATAF) have signed a Memorandum of Co-operation, agreeing to work together to improve tax systems in Africa. Logan Wort, Executive Secretary of ATAF stated that, “Since the inauguration of ATAF, the invaluable support and commitment of the […]
Decline in retail price to push growth of voice and internet services CAPE TOWN, South Africa, Oct., 2012 /PRNewswire/ — Broadband penetration in African countries is significantly low, with a majority of countries recording penetration levels of less than 5%. This has had a considerable impact on internet usage levels in the region. African countries, […]
St. George, UT, October, 2012 –(PR.com)– The Falcon Project proposes to conduct an extensive aerial search for an unrecognized North American primate, a.k.a. sasquatch or Bigfoot, by means of an helium-filled airship, upon which a platform supporting thermal-imaging and high resolution wireless videography equipment is mounted. The Aurora Mk II airship offers major advantages […]
by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources […]
Progress is Slow, But Moving toward More Consistent Rules across Every Region NEW YORK, July 17, 2012 /PRNewswire/ — In its fourth annual analysis of global financial regulations, KPMG, the audit, tax and advisory firm, says investment managers continue to face daunting challenges brought on by a changing global regulatory environment, which is fraught with unanswered […]
LONDON, July 9, 2012 /PRNewswire/ — June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at […]