tax Archives - Page 2 of 2 - AfricaBusiness.com

6Nov

By The African Press OrganizationNo Comments

American Businessman Talks About Investment In Equatorial Guinea

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 sponsored enterprises and the global private sector in West and Central Africa, said that Equatorial Guinea offers more flexibility to establish a business than other African countries because the government has deeply focused on the country’s development. James has lived and worked in Africa for more than ten years. James said that Equatorial Guinea is one of the most dynamic stories in Afric...

31Oct

By Africa BusinessNo Comments

African News

Bunna International Bank Partners With Finacle From Infosys for Banking Transformation

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 will enable the bank to integrate its front and back office operations and deploy a state-of-the-art loan origination system. This will include automating the credit check and loan approval processes for risk-free and efficient loan disbursals. This transformation will help Bunna improve the overall banking experience for its customers. Finacle will also comp...

25Oct

By Africa BusinessNo Comments

African News, South Africa News

OECD and ATAF strengthen tax co-operation with Africa

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 OECD has helped ATAF achieve many successes in its quest to promote economic growth through developing tax administrations on the African continent. In a short space of time, our two organisations have developed a special relationship that has continued to contribute significantly to the sharing of knowledge and the development of technical skills for African revenue administrators. The Memorandum of Cooperation between the OECD ...

10Oct

By Africa BusinessNo Comments

African News, South Africa News

Frost & Sullivan: Mobile Operators Reap the Benefits from Infrastructure Investment in Sub Saharan Africa

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, however, have experienced a steady uptake of mobile communications and are poised to witness an appreciable growth of mobile, broadband and internet services over the next 4-5 years. New analysis from Frost & Sullivan (http://www.wireless.frost.com), Sub Saharan African Communications Quantitative Quarterly Tracker Q3 2012, covering key countries in the region, finds that the market had 181.7 million mobile and fixed telephon...

10Oct

By Africa BusinessNo Comments

Science

The Falcon Project – the Most Penetrating Search for the Legendary Sasquatch Ever Undertaken

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 over similar applications with helicopter or fixed-wing aircraft platforms, foremost, stealth and maneuverability. The former permits approach and observation with minimal or no disturbance of the subject’s natural behavior. The latter is critical for surveying in areas of dense stands of forest where a sustained vertical perspective is essential for locating animals on the forest floor. The unmanned 45' du...

26Jul

By Africa BusinessNo Comments

African News, South Africa News, Zambia News

Regionalism

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 . This essay intends to dissect the concept of new regionalism and whilst briefly looking at how it has evolved . With reference to the last point this paper will attempt to link the concept of new regionalism to the recent surge in Regional Trade Agreements (RTA).[1] The crux of this essay however lay in establishing the reasons for increases in RTA’s , that is to say both economic and political positives of jo...

17Jul

By AfricaBusiness.comNo Comments

African News

Global Investment Management Industry Continues To Face A Regulatory Avalanche Of Disparate Rules: KPMG Report

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 questions and an array of differing rules in each region. Observers, however, are beginning to see some consistency regarding the implementation of new regulations across the globe, with the U.S. and Europe setting the bar and Asia catching up. "We are beginning to see progress toward more consistency with regard to global regulations but there still remains disparity in the regulatory requirements across the regions," said ...

9Jul

By AfricaBusiness.comNo Comments

African News

Market Rally Running Out of Steam?

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 the 5700 level at the end of last week, will the FTSE's charge start to run out of steam? By close of play in the UK on Friday (July 6), all the major indices were firmly in the red, with the Dow Jones leading the way as it fell by over 150 points (over 1%) by 4.40pm (BST). Major indices in the UK and Europe recorded falls too, with the FTSE 100 shedding 30 points and Germany's DAX 30 sliding by over 125 points to close the week at 5662.6 and 6410.1 respectively. L...