Member countries of the East African Community announced on Nov. 11 they will set a common strategy for digital economy taxation. This decision made during the 48th meeting of the countries’ tax authorities seeks to safeguard the interest of all.
In the final communiqué issued at the end of the meeting, the tax authorities said they agreed to develop a common strategy “to deal with the taxation of the digital economy by addressing the problems linked to the legal framework, in terms of definitions, identification of actors and legal mechanisms.”
Through this united vision, the ECA members want to put pressure on the global tech giants that are making profits in their various markets. Forced to deal with all, these companies will not have the opportunity to take advantage of the weaknesses and other grey areas of the different tax systems.
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
South Africa will remove transmission control from Eskom and create a separate public grid operato...
Africa averages 65 grams of protein per person daily, versus 91 grams globally. WEF says doubling fish production could reduce the continent’s protein...
WFP warns its funds will run out within weeks without urgent support. 4.4 million people face acute hunger; only one in seven receives aid. $95...
DRC and World Bank approved an action plan to raise disbursement to at least 30% in 2026. Current rate stood at 22% in 2025, below 25% over the past...
Finance minister presented the 2026 state financing strategy to investors in Douala. President authorized up to CFA1,650 billion in domestic and...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...