VAT Hike Abandoned Amid Coalition Tensions in South Africa
Plans to raise South Africa’s value-added tax (VAT) have been abandoned on April 24 by the Finance minister, following intense opposition from coalition partners. The […]
Value Added Tax
Democratic Alliance Challenges South Africa’s Budget Process and VAT Hike
South Africa’s opposition Democratic Alliance (DA) party has filed a legal challenge against the country’s budget process, seeking to block a proposed increase in value-added […]
South Africa’s Revised Budget Faces Rejection Amid Ongoing Coalition Tensions
South Africa’s Finance minister, Enoch Godongwana, presented a revised budget on Wednesday March 12, but it was immediately rejected by several major political parties, despite […]
Mozambique received 8.9 billion euros in investments between 2019 and 2023
On Monday August 26, Mozambican President Filipe Nyusi announced that Mozambique is set to attract approximately 8.9 billion euros in investments from 2019 to 2023. […]
Mozambican state revenues increase by 7.9% to 3.408 ME in September
The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]
São Tomé’s economy faces “serious challenges, says IMF
The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]
Cape Verde: State revenues rise 17.5% in 2022
The revenues of the Cape Verdean state increased 17.5% in 2022, compared to the previous year, to more than 53,100 million escudos (480 million euros), […]