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VAT

Nigeria Overhauls Tax System with New Laws to Ease Burden on Poor and Boost Revenue

June 27, 2025 Steven Addamah 0

President Bola Tinubu has signed on June 26 four pivotal finance bills into law, signalling a landmark reform of Nigeria’s tax regime. The newly enacted […]

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 […]

Mozambican government plans additional tax on rents and broadening of VAT base

January 26, 2024 Steven Addamah 0

The Mozambican government has made a commitment to the International Monetary Fund (IMF) to broaden the VAT base and apply an “additional tax” to rental […]

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 […]

Angolan Government approves VAT reduction on food from 14 to 7%

July 27, 2023 Steven Addamah 0

The Angolan Council of Ministers on Wednesday July 26 approved the reduction of VAT on foodstuffs from 14% to 7%, the list of which has […]

Kenya’s President signs into law a much-criticized finance bill

June 27, 2023 Steven Addamah 0

Kenyan President William Ruto has signed into law this 26th of June a finance bill that introduces numerous new taxes, the Presidency announced, despite criticism […]

Only 200 São Tomense companies able to start charging VAT

June 1, 2023 Geraldine Boechat 0

Only 200 of the 380 companies identified in Sao Tome and Principe can start collecting VAT this Thursday, the director of taxes told media, which […]

Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019

May 18, 2023 Steven Addamah 0

The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]

IMF team finds talks with Mozambican authorities “constructive and fruitful

May 8, 2023 Steven Addamah 0

The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]

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 […]

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