Africa
Back to homepageOECD: Ominous Signs for International Investment
By Michael Gestrin, OECD After two years of steady gains, international M&A activity plunged by $107 billion, or 45%, in the first quarter of 2012. This is the second lowest level of international M&A since the start of the global
Read MoreG20 Summit: Merkel still wants both Austerity and Growth in the Eurozone… but still no clue as to who will pick up the tab
Angela Merkel brushed off criticism of her focus on austerity, as the leaders of the world’s 20 largest economies focused their attention on the crisis in the Eurozone. In Los Cabos the EU largely postponed the discussion on the specifics
Read MoreMIGA (World Bank): During the Storm – Shift from North to South FDI
By Manabu Nose and Moritz Zander[1] At MIGA (the Multilateral Investment Guarantee Agency) we see the principal near-term risks for emerging market foreign direct investment (FDI) on the supply-side of financing. Despite a rise of emerging market risk perceptions, demand
Read MoreBaker & McKenzie Continues to Expand its Global Reach
Baker & McKenzie seems determined to remain true to its founding principles of 60 years ago to be a truly global firm; it has just announced that it has opened a new office in Johannesburg with immediate effect with partners,
Read MoreStuart Gulliver keeps HSBC on Track for Focused Global Growth
HSBC is one of a hand full of truly global banks with both corporate and personal customers. As globalisation continues HSBC is extremely well positioned to take advantage of the shift of economic power to Asia, with its strong position
Read MoreAfrican Union Summit Now to Take Place in Ethiopia
The African Union summit has been moved to the Ethiopian capital after Malawi refused to host the gathering. Malawi has blocked the attendance of Sudan’s President Omar Hassan al-Bashir, who is wanted by the International Criminal Court (ICC). The July
Read MoreUgandan Oil PLC is Off the Starting Blocks
It looks like Uganda and some of the oil companies involved are finally about to reap the rewards that will help transform the Ugandan Economy and some of the companies involved. Investors have been given the go-ahead to tap into
Read MoreKCB CEO Has Been Buying Into the Success He Is Driving
The chief executive of KCB Group has bought KCB shares in a demonstration of his confidence in the company he leads. KCB’s annual report shows chief executive Martin Oduor-Otieno bought shares last year. Mr Oduor-Otieno has been the CEO of
Read MoreForeign Direct Investments in RSA
By Nataly Marchbank (Senior Manager, International) and Hasinah Essop (Senior Consultant, International Tax) – PricewaterhouseCoopers South Africa There are many jurisdictions internationally which are popular with multinational groups for the purposes of establishing holding and headquarter companies, for instance Luxembourg, the Netherlands,
Read MoreNamibia’s Changing Tax Landscape – From Simple to Complex
The collection of revenue for the Namibian fiscus has been under scrutiny for some time. Questions have been posed as to whether Namibia should change from a territorial (source) based tax system to a residency based system to increase the
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