Monthly Archives: May 2018

Uganda imposes tax on social media use

KAMPALA, May 31 (Reuters) – Uganda’s parliament has imposed
a tax on the use of social media in a bid to raise revenue but
opponents of the law say it aims to stifle criticism of
President Yoweri Museveni, who has been in power since 1986.

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Kiir’s Addis Ababa visit a coincidence – Ateny

… .
Kiir headed a delegation to Addis Ababa, Ethiopia, yesterday for a one-day …
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Africa:Gender Pay Gap Could Cost World $160 Trillion – World Bank

[Thomson Reuters Foundation] London -Gender inequality in the workplace could cost $160 trillion in lost earnings globally, a World Bank study showed on Wednesday, as pressure to address the pay gap grows. Continue reading

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Kenya:Timber Traders Want Govt to Lift Logging Ban

[Nation] Timber traders have sued the government over the ban on logging. Continue reading

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South Africa:Ramaphosa Address At Presidency Budget Vote Debate

[Notes from the House] It is nearly 100 days since we set out as a nation on a new path of renewal and revival. It is nearly 100 days since we decided, together, to make a clear and decisive break with the discord and division of recent times. Continue reading

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Kenya proposes new corporate tax rate that would be highest in East Africa

NAIROBI, May 31 (Reuters) – Kenya’s treasury has proposed a
35 percent corporate tax for companies on annual income of more
than 500 million Kenyan shillings ($4.9 million).

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South Africa:Eskom – Victim or Perpetrator?

[Notes from the House] The Standing Committee on Public Accounts (SCOPA) has now held three meetings on the mounting debt facing Eskom. Continue reading

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South Africa:ConCourt Cuts Financial Service Provider Down to Size

[GroundUp] The Constitutional Court has told Cash Paymaster Services (CPS) it can get R16.44 for each cash payment to a social grant beneficiary, instead of the R45 CPS wanted. Continue reading

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Angola:Angola Sovereign Wealth Fund Accounts to Be Audited

[ANGOP] Luanda -The financial statements of the Angola Sovereign Wealth Fund for the 2017 fiscal year will be audited with the opening of a restricted tender procedure, ANGOP learnt. Continue reading

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Nigeria:World Bank, Govt Open Up Markets for Rice Farmers

[This Day] Kano -As part of the Federal Government’s efforts to make rice production more attractive and profitable for Nigerian farmers, the federal Ministry of Water Resources is opening up new market frontiers for rice farmers by linking them with o… Continue reading

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