BUSINESS BRIEFSTaxing times Some 80% of Nigerian SMEs do not pay their taxes, depriving the Treasury of billions of naira a year. The World Bank’s Doing Business 2020 index ranks Nigeria a lowly 159 for paying taxes. Those who have survived a brutal business environment often struggle to understand why they should contribute to an administration which appears to throw frequent obstacles in their way. Continue reading >>
Mixed spirits Covid-19 has negatively impacted alcohol sales across the continent, but many big industry players remain confident of prospects in what should remain the world’s fastest growing market. How are brewers adapting to the closure of bars and the expansion of the home market? Continue reading >>
Ship to shore Turkish companies are increasingly active in Africa. Energy company Karpowership is supplying energy to African governments from offshore power ships and has plans to roll out LNG-to-power projects across the continent. MD Zeynep Harezi explains the company’s plans. Continue reading >>
Tanzania faces up to new futureThe sudden death of charismatic Tanzanian president John Magufuli leaves a huge void in the country’s political landscape. What does the appointment of successor Samia Suluhu Hassan, who was sworn in as Tanzania’s first female president on 19 March, mean for the country’s business environment and controversial stance towards Covid-19? Continue reading >> |