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Value Added Tax

VAT Hike Abandoned Amid Coalition Tensions in South Africa

April 25, 2025 Steven Addamah 0

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 […]

Democratic Alliance Challenges South Africa’s Budget Process and VAT Hike

April 4, 2025 Steven Addamah 0

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

March 13, 2025 Steven Addamah 0

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

August 27, 2024 Geraldine Boechat 0

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

November 16, 2023 Steven Addamah 0

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

April 3, 2023 Steven Addamah 0

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

February 23, 2023 Steven Addamah 0

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), […]

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