“This is line with the EAC council of ministers’ directives of 2014 on tax harmonisation which require tax incentives in the EAC to be given to areas of critical market failures,” Mr Eyeru said
Majority of youth businesses across Africa fall under small and medium enterprises or startup, whose cash flow has been disrupted by Covid-19 related measures
Civil society organisations across Africa call for protection from coronavirus to be a global public good, freely and fairly available to all
Covid-19 has killed over a hundred thousand people across Africa, decimated African economies, and pushed millions of people into poverty and hunger with no end in sight unless there is a shift to ensure immediate full access to vaccines. The virus has profoundly exploited existing inequalities, disproportionately affecting frontline healthcare and other essential workers most of whom are women, and people who were already living in poverty.
Ensuring every African can get a safe and effective Covid-19 vaccine, swiftly and free of charge, is the most effective way to save lives and livelihoods, keep our children in school, reduce unemployment rates and re-open our economies. Without it, gains made by African countries on issues of food security, democratic governance, gender justice and women’s rights will be reversed completely.
Young Africans Keen to telling the Pan African Stories on Extractives Gender and Inequality 04 February 2021
Young people from across the different regional blocs in Africa are keen to tell the pan African story on Extractives, Gender and Inequality. This was reflected from the recently ended First Pan African Youth Essay Competition commissioned by All Africa Conference of Churches, Norwegian Church Aid and Youth For Tax Justice Network.
The essay competition was an opportunity for young people to learn research and write on the issues of Extractive Industries, Gender and Inequality in Africa. The essay competition provided a platform for youth across the African continent to research, critically analyse, write and share ideas on the linkages between the extractive industries, gender and inequality in Africa and most importantly to make recommendations on how the extractive industries can be fully leveraged to fight the scourge of inequality in Africa.
Daily Monitor
Wednesday December 23 2020
Besides providing safe havens for illicit financial flows (IFFs), tax havens also share limited or no financial information with foreign tax authorities.
Summary
Utility. Illicit financial flows (IFFs) are movements of money and assets across borders which are illegal in source, transfer or use, according to the report entitled “Tackling illicit financial flows for sustainable development in Africa.
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Enforcement of tax compliance among the multinational companies in Africa is not getting any easier with the emergence of tech corporate organisations, complicating already wanting non-compliance culture being perpetuated by corporations operating in more than one country.