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On 27 February 2013 the Minister of Finance announced that a carbon tax will be introduced with effect from 1 January 2015.

The Securities Code Regulation (Regulation No. 6/16) (the "Regulation") was approved by the Council of Administration of the Capital Market Commission and gazetted on 7 June 2016.

This comprehensive update covers significant tax developments across 24 African jurisdictions, including Angola's new foreign exchange contribution exemptions, Nigeria's reduced interest rates on late payments, and Kenya's tax amnesty program. The bulletin details legislative changes, new compliance requirements, and treaty developments affecting businesses and investors operating across the continent.

Guinea deposited its instrument of ratification for the ACFTA on 16 October 2018 and Uganda on 28 November 2018.

Algeria and the United Kingdom on 18 February 2015 signed an income and capital tax treaty in Algiers.

The Minister of Finance read his budget speech today.

The Botswana Minister of Finance presented the 2020 Budget to parliament on 3 February 2020. No tax legislation amendments were proposed.

South Africa's tax landscape is evolving with new border control requirements, refined R&D incentives, and recent SARS rulings on mining rehabilitation and equity structures. What do these developments mean for businesses operating across borders and claiming tax relief?

The 2013 budget read by the Minister of Finance on 27th February 2013 contains relatively fewer tax proposals than prior years.

The Honourable Minister of Finance read the 2016 South African budget speech on 24 February 2016.

ENS presents issue 169 of its tax brief, examining recent South African tax court rulings on locomotive supply agreements, fuel distributor deductions, and search warrant validity. The publication analyzes multiple High Court decisions involving customs disputes, VAT payments in liquidation proceedings, and manufacturing rebate eligibility, while also covering SARS's latest guidance on beneficial ownership declarations and voluntary disclosure programmes.

Earlier this month the proposed draft Taxation Laws Amendment Bill 2012 (TLAB) and Tax Administration Amendment Bill 2012 were published.

The South African government announced that it will publish draft carbon tax legislation in 2015 for public consultation with a view to it becoming law in 2016.

We set out below a summary of the key tax proposals contained in the 2012 budget speech of the Minister of Finance, Pravin Gordhan on 22 February 2012.

South Africa's return to the international community in 1994 has seen an increase in the number of foreign investors investing in South African companies. Such inward investment requires a balance between equity on the one hand and debt on the other. An important consideration in this balancing act is that the interest earned by a non-resident lender who does not carry on a business in South Africa is exempt from tax in South Africa in terms of section 10(hA) of the Income Tax Act, 1962 ("th

On 17 November 2016, the National Assembly approved the Budget Bill, 2017. The final version of Budget Law, 2017 was adopted by the National Assembly on 14 December 2016.