Sun International CEO Ulrik Bengtsson says government doesn’t understand gambling. (Photograph supplied) South Africa’s online gambling industry has come out swinging at National Treasury’s proposal to tax the sector even further, arguing its move is not only unconstitutional but would also push punters and companies deeper into the internet. In a bid to clamp down…
London — In British supermarkets these days, there’s a war being waged against sugar, with the U.K. this week extending its sugar tax to some coffee drinks and milkshakes in an ongoing effort to fight obesity. “Actually, in the U.K., it’s the main reason why children would be admitted to hospital,” Dr. Kawther Hashem, a nutritionist…
National treasury is considering a 20% tax on online betting to curb the rising scourge of problem gambling in South Africa. Speaking to TechCentral on Wednesday, Rise Mzansi MP Makashule Gana – who a year ago warned that online gambling is growing into South Africa’s next big social ill – said a national tax is…
Michael O’Leary, chief executive officer of Ryanair Holdings Plc, during a news conference in London, UK, on Wednesday, Aug. 27, 2025. Bloomberg | Bloomberg | Getty Images Ryanair chief executive Michael O’Leary on Monday admonished the U.K. government over its push to raise taxes on passenger flights, warning that the policy will see airlines move…
Ten years after exposing Africa’s illicit outflows, leaders are pushing for new laws, data tools and a united front in global tax negotiations to stem the losses. Ten years after exposing Africa’s illicit outflows, leaders are pushing for new laws, data tools and a united front in global tax negotiations to stem the losses. African…
Johannesburg — The Tax Justice Network Africa (TJNA) has officially rolled out its new Anti-Illicit Financial Flows (IFFs) Policy Tracker Tool, a collaborative tool or an innovative digital system designed to strengthen accountability, evidence-based advocacy, and learning across Africa’s tax and fiscal policy landscape. The policy tracker was also launched in partnership with the African…
Addis Ababa — Developing policies and ambitious reforms in taxation and public financial management is not sufficient by itself as the real impacts depend on effective implementation, institutional capacity, and sustainable political commitment of the African continent, Revenues Minister Aynalem Nigussie underscored today. Opening the 11th Africa Think Tank Summit in Addis Ababa, she noted…
Evan Robinson, technical co-founder and now head of product at TaxTim. TaxTim, a South African-based digital tax assistant, has been acquired by a private consortium, led by Twofold Capital, for an undisclosed amount. The consortium, which includes Stellenbosch-based technology group Octoco, provided a successful exit for TaxTim’s non-operational shareholders and a partial exit for co-founder…
Sars commissioner Edward Kieswetter The South African Revenue Service is sticking to its guns over taxing social influencers and plans to conduct outreach programmes so that they know what is expected from them. No matter how influencers are remunerated – whether with products, services or travel – all of these are deemed as income according…
Kinshasa, July 28, 2023–In the Democratic Republic of Congo (DRC), rationalizing tax incentives could improve effectiveness of tax policies, and pave the way for future tax rate reductions, while ensuring adequate resources for development and social spending, according to the World Bank DRC Economic Update, released today. The report titled Reassessing Tax Incentives – Falling…
