Africa Business

The Gig economy: prospects in East Africa

The Gig Economy quickly taking off or has taken off in most markets. Generally, the gig economy comprises of freelance work mainly offered by independent contractors rather than employees. Common gigs include, working as an Uber driver, delivering of food/goods through online platforms, freelance writing, among others. The unique aspects of the region will come …

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Taxpayer Advocate Service: thoughts for Africa tax administrations

Taxpayer advocate service in Africa is scarcely discussed by tax administrations. Countries like the United States of America operate a full fledged Taxpayer Advocate service office. Canada also has an elaborate taxpayer bill of rights. The aim of taxpayer advocacy service is to provide assistance to taxpayers to comply with their tax obligations and to …

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Africa Infrastructure Investment Bank (AIIB)

What is AIIB? A regional based (Asia and Oceania) international, multilateral development bank. A regional based (Asia and Oceania) international, multilateral development bank. Its headquarters are in Beijing China but with offices around the world. What is the legal framework of AIIB? The AIIB Articles of Agreement The AIIB By-Laws Environmental and Social Frameworks Risk …

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Asian Infrastructure Investment Bank: China’s alternative?

Join us for this upcoming discussion on Asian Infrastructure Investment Bank (AIIB): China’s alternative to Bretton Woods? In the discussion we will look at: What is the Asian Infrastructure Investment Bank (AIIB)? Why did it come into being? What is the composition, mandate, functions and objectives of the AIIB? What is the AIIB’s role in …

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Challenges of taxing the digital economy in Africa

The Organisation for Economic Cooperation and Development (‘OECD’) notes that; ‘it is not possible to ring-fence the digital economy and tax it separately since the entire economy is digitalising’[1]. A number of challenges exist in taxing the digital economy in Africa and globally. Digitalization raises series of broader tax challenges, including; “nexus, data and characterization”. …

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Kenya -USA: Free Trade Area negotiations

The negotiations for a Free Trade Area (FTA) between Kenya and the United States of America (‘USA’) are ongoing. This article provides a summary of a podcast discussion hosted at Africa iShare on the topic. You can listen to the full podcast at – https://54ishare.com/podcasts-africa-ishare/. What are the motivations for both countries in negotiating an …

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Trading under the AcFTA

Africa continental Free Trade Area (AcFTA) in brief

The Africa continental Free Trade Area (AcFTA) was launched on 1 January 2021. Here is a brief background to the AcFTA. AcFTA within General Agreement on Trade and Tariffs The formation of Free Trade Areas (FTAs) falls within the wide framework of the General Agreement on Tariffs and Trade (GATT)[1]. In particular, Article 24 of …

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handshake, business, hand

Recap: Africa Continental Free Trade Area: challenges & opportunities

We had the discussion on Africa Continental Free Trade Area: challenges & opportunities (‘AcFTA’) on 27 August 2020. For the discussion we had panelists from Kenya, South Africa and Nigeria. Here are the highlights from the discussion. What is AcFTA? AcFTA is intended to be a single market for goods and services supported by free …

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Recap – Taxation of the informal sector in Africa

In this discussion we looked at the taxation of the informal sector in Africa. We focused on Egypt, Zimbabwe and Kenya. We had the discussion on 17 September 2020. Here is a summary of some main points from the discussion. Kenya The informal sector in Kenya comprises of ‘jua kali’ businesses, residential landlords, small scale …

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Legal tech & cyber security: Kenya, SA, Nigeria & Brazil

This was our discussion held on 20 August 2020. We looked at Legal tech & cyber security: Kenya, SA, Nigeria & Brazil. The panelists shared great insights on the area of legal tech and cyber security law in Kenya, SA, Nigeria & Brazil. There are some surprising common things among the four countries. Also, some …

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