insert_link Namibia Finance Ministry calls for employee PAYE refunds after tax changes The Ministry of Finance and Public Enterprises has instructed employers to reimburse employees once the new statutory tax rates are gazetted, according to a media release issued on Saturday. The Ministry's spokesperson, Wilson Shikoto, explains. Cirrus Capital economist Robert McGregor said that the amendment will provide consumers with additional relief over and above the 25 basis points repo rate reduction seen last month. Meanwhile, business owner […] todaySeptember 16, 2024 107
insert_link Africa Kenya protests show citizens don’t trust government with their tax money: can Ruto make a meaningful new deal? By Eric Magale, University of Pretoria and Mario Schmidt, Max Planck Institute for Social Anthropology Each year, the Kenyan government tables a finance bill outlining measures for funding the national budget. In the past, these bills have scarcely attracted public attention. This changed dramatically in 2023, with President William Ruto’s first budget following his election victory the year before. Ruto inherited an economy battling […] todayJuly 17, 2024 36
insert_link Business / Economics NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right LazingBee/Getty Images By Dennis Wesselbaum, University of Otago On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation. Finance minister Nicola Willis has confirmed the budget will introduce “meaningful but modest” tax relief. But what impact will these cuts have on New Zealand’s economy? During the […] todayJune 5, 2024 16
insert_link Africa Ghana’s new vehicle tax aims to tackle pollution – expert unpacks how it’ll work and suggests reforms By Theophilus Acheampong, University of Aberdeen Ghana has introduced an annual carbon levy on vehicles and industrial emissions. It’s only the third African country to introduce an explicit carbon tax, after South Africa and Mauritius. The tax is intended to address harm associated with vehicle emissions. But it has prompted a pushback from various citizens, civic and consumer groups. The Conversation Africa’s Godfred Akoto Boafo spoke […] todayFebruary 16, 2024 15
