Africa Trade

Post-COVID recovery strategies for Africa: discussed

The world suffered a significant hit in the year 2020 following the Covid pandemic. Economies were greatly affected by lockdowns and restriction of movement of people among other measures taken by governments. In the month of November we will have a series of discussions on ‘Post-COVID recovery strategies for Africa’. The discussion is necessary since …

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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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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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