How South Africa struggles against Big Tobacco

How South Africa struggles against Big Tobacco

South Africa, although hailed as one of the most prosperous economies on the African continent, remains a country of missed opportunities. The International Monetary Fund (IMF) once again made this clear in its consultations with the Treasury, urging the government to implement reforms to tackle weak growth as well as…

Museveni defends Uganda’s new social media tax

Museveni defends Uganda’s new social media tax

President Yoweri Museveni, known for the occasionally wordy post on whatever topic is at hand, has taken to Facebook to defend a controversial tax, imposed on social media and money mobile users, that went into effect at the beginning of July. Museveni pointedly said he wanted to use social media…

South Africa: Tax revenue significantly grown between 1996 and 2013

South Africa’s tax revenue had significantly grown between 1996 and 2013, said Jeff Radebe, the Minister in the Presidency responsible for Planning, Monitoring and Evaluation. The Minister on Sunday that “tax revenue has grown significantly due to economic growth, a broader tax base and more effective revenue collection. The income…