Friday, May 16, 2025
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taxation

FinTech

The Complex Financial Challenges of NFTs in South Africa

Luis Monzon -
Before looking at the taxation of NFTs, it is important to understand what they are. In short, an NFT, or non-fungible token, is a unique blockchain-based digital asset. Being unique in its properties, an NFT cannot be duplicated and the content...
Mobile and Telecoms

Nigeria: ALTON urges government to reduce multiple taxation

Fundi Maseko -
Telecommunications operators in Nigeria have urged the federal government to review the Amended Tax Order of 2015 to reduce multiple taxation. Association of Licenced Telecommunication Operators of Nigeria (ALTON) has asked the Federal Government to review the Amended Tax Order...
General

Understanding tax amendments for Cryptocurrencies

Staff Writer -
Treasury has proposed certain amendments to the Income Tax Act relating to the tax treatment of cryptocurrencies in the recently issued Draft Taxation Laws Amendment Bill (draft TLAB). In the draft TLAB, Treasury proposes to include cryptocurrencies in three areas,...
Mobile and Telecoms

Nigerian telcos blame taxes for slow development

Staff Writer -
Several Nigerian telecom operators warned they might have to increase telecoms service tariffs due to operational expenses caused by multiple taxation. They said multiple taxation was responsible for slow networks and hindered infrastructure roll-out. They made these complaints during the...
Mobile and Telecoms

Kenya: Mobile handset sales soar by 200%

Staff Writer -
Today the GSMA issued preliminary findings from research undertaken into taxation. Initially focused on Africa, the research shows that mobile handset sales have soared by 200 per cent in Kenya following the government's 2009 decision to slash the 16...
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Latest News

Online & SocialMamsi Nkosi -

Survey Reveals 80% of TikTok Forex Advice May Be Misleading

According to new research from forex broker experts at BrokerChooser, up to 80% of forex advice given on TikTok...
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