Blog Medium Without Sidebar

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ZIMBABWE, government is assiduously fast-forwarding with its strategic partners to enhance its capacity to collect revenue, use and account for it cent-by-cent. In a bid to actualize this, a $11.6 million programme to improve tax management and rejuvenate the oversight role of the Auditor-General and Parliament was validated on January 9th 2020 between the Government and the African Development Bank’s (AfDB) Tax and Accountability Enhancement Project. The agreement was approved by Finance and Economic Development Minister – Professor Mthuli Ncube and AfDB Country Manager – Damoni Kitabire. The Zimbabwe Revenue Authority (Zimra) will receive US$ ,1 million for the modernisation of the tax and...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ZAMBIA  Association of Manufacturers has raised an eyebrows with regarding the implementation of the proposed solution – Digital Tax Stamp Solution to enable tax compliance on all excisable products. The Zambia Revenue Authority has disclosed its concern to commence implementing a Digital Tax Stamp Solution to enhance tax compliance on all excisable products, thereby galvanizing countries such as Uganda and Mozambique in pursuing this option to minimize illegal trade and improve revenue collection. Precisely, the Zambia Association of Manufacturers readily employs supportive strategies to improve tax revenue collection and revenue assurance by the ZRA, the Association says it is worth noting that the DTS...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ZIMBABWE, Small and Medium Enterprises Development Corporation (SMEDCO) in 2020 shall pay out about $90 million to enable the growth of small and medium enterprises. The Small and Medium Enterprises Development Corporation is parastatal and leading development finance institution for the promotion and development of micro, small and medium enterprises was formed in 1983 through an Act of Parliament. It provides both financial and non-financial services to its clients, including lending, training, advice, infrastructure provision and capacity building inclusively. In 2019, it expended loans to 500 000 micro and small enterprises nationwide. Intimating to the press, SMEDCO Head of Marketing and Corporate...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- MOROCCO, orange has inducted in to office, its Middle East and Africa operational head office in Morocco at the Casablanca Finance City Tower (CFC) in the heart of Casablanca. The Orange Middle East and Africa head office, will improve the teams to steadily connected to other countries in the region, as well as a Social Hub that oversees and monitors the digital activity of Orange and the industry by and large in Africa and the Middle East in real-time. It’s a 900 m2 over two floors. Alioune Ndiaye – Chief Executive Officer Orange Middle East and Africa noted “I am very proud to inaugurate alongside Stephane Richard and in the presence of all the members of the Orange Group’s Executive Committee this new head...