2022

5 minutos The adoption of Special Economic Zones (SEZs) by African countries in partnership with private investors is expected to help the continent attract foreign direct investment, boost local revenue and create jobs both directly and indirectly. Poised to modernize, industrialize and be globally competitive, Africa countries are increasingly adopting the concept of Special Economic Zones (SEZs), and Free Trade Zones (FTZs) across the region. African countries such as Nigeria, Rwanda, Gabon, Togo, Benin, and Cote d’Ivoire, Ghana, among others are trailing the blaze Continue lendo→

2 minutos As many as 136 countries agreed to the introduction of an OECD-sponsored reform in October 2021, introducing a global minimum corporate tax rate of 15%. The reform has yet to be ratified by local parliaments and effectively implemented, remaining a head-scratcher for many, particularly in developing countries. However, Irma Mosquera, professor of tax governance at Leiden University in the Netherlands, believes that “the time is now” for policymakers to reconsider the kind of fiscal incentives they offer investors through tools like free trade zones Continue lendo→