Economic Report

South Africa Cabinet commends taxpayers

Cabinet had commended the millions of taxpayers who have already filed their tax returns, saying proper and efficient revenue collection ensures fiscal sovereignty. The South African Revenue Service (SARS) will be open on Saturdays from 08:00 until 13:00 for October 2019, to assist taxpayers to file personal income tax returns. Taxpayers are reminded to keep […]

Editorial

President Buhari Imposes 35% On Nigerians Foreign Assets in New Executive Order

President Muhammadu Buhari has issued an Executive Order 008, titled “Voluntary Offshore Assets Regularization Scheme, VOARS”. The new Executive Order (008) took effect from Monday, October 8, 2018, the day it was signed by the Nigerian President. Senior Special Assistant to the President on Media and Publicity Garba Shehu, made this known in a Facebook […]

Economic Report

New tariff on alcohol will destroy lives – Patrick Anegbe

The Distillers and Blenders Association of Nigeria (DIBAN) says it rejects the new ”astronomical increase” in excise duty being imposed on domestic wines and spirits. The Chairman of DIBAN, Chief Patrick Anegbe told newsmen on Wednesday in Lagos, that the hike was a threat to the N420 billion investment of the industry. Anegbe said that […]