Seychelles’ ambitious economic roadmap—highlighted by plans to channel approximately $2 billion into a brand-new, independently managed sovereign wealth fund over the next five years—marks a pivotal evolution in island-nation financial governance. Targeting vital pillars such as infrastructure, health, and education, this initiative is designed to safeguard national resources and strengthen domestic systems against global economic […]
The proposed expansion of the Dangote Group into Kenya’s Lamu Port highlights the growing importance of cross-border investment, regional infrastructure, and corporate structuring in Africa. Connecting West and East Africa Lamu’s position within the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor makes it a significant consideration for businesses seeking access to East African markets. For investors, […]
Tanzania’s mining sector has transformed into a major economic pillar, contributing significantly to the national GDP. However, this growth comes hand-in-hand with strict regulatory frameworks, local content mandates, and mandatory state equity. For international mining conglomerates and suppliers, entering this market requires more than operational vision—it requires a watertight structural foundation across four key pillars. […]
Angola is seeking to sustain oil production above the 1-million-barrel-per-day level while encouraging further investment in its upstream sector. Major developments include ExxonMobil’s extended commitment to offshore Block 15 through 2037 and plans for further onshore and offshore licensing activity. For international energy companies, contractors, and investors, these opportunities come with increasing requirements around local […]
Namibia’s aggressive push toward regional industrialization—highlighted by national initiatives to establish localized manufacturing and processing facilities across all 14 regions—signals a profound shift in Southern African economic policy. While this decentralization unlocks immense potential for local value addition, it creates complex multi-jurisdictional hurdles. For international investors, manufacturers, and supply-chain conglomerates looking to capitalize on […]
The Thai Ministry of Finance, alongside the Bank of Thailand and regulatory agencies, is advancing a comprehensive framework to target illicit financial flows and money laundering within the domestic gold market. While initial policy discussions evaluated a low-rate specific business tax on gold transactions to capture audit trails, financial authorities are prioritizing an integrated data-sharing […]
The Slovak government has initiated a significant policy reversal, directing the Finance Ministry to draft legislation to scrap the country’s disputed financial transaction tax. Originally established as part of a wider fiscal consolidation framework, the levy applied a 0.4 percent charge on standard business debit transfers, creating substantial compliance friction for commercial entities, holding structures, […]
Benin’s 2026 Amending Finance Law introduces several changes affecting corporate profits, capital gains, digital transactions, and cross-border businesses. For multinational groups and investors operating in West Africa, understanding these developments is increasingly important when planning their Beninese operations and international tax structure. Corporate Tax & Investment Incentives Beninese businesses remain subject to the applicable corporate […]
The Botswana Unified Revenue Service (BURS) implemented sweeping changes to the national tax architecture, enacting modernised Value Added Tax rules and digital tax infrastructure mandates effective 1 July 2026. Anchored by a newly introduced unified Tax Administration Act, these reforms systematically digitalise cross-border transactions, overhaul compliance procedural rules, and expand the domestic indirect tax base. […]
The Mauritius Revenue Authority (MRA) updated operational guidelines governing the partial exemption regime under the Income Tax Act, refining tax administration rules for Global Business Companies (GBCs) and cross-border holding vehicles. With a baseline corporate tax rate of 15%, the jurisdiction offers a 80% partial exemption on qualifying income streams, effectively reducing the net corporate […]
