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Michael Joseph: Banking for the Masses Fuels Mobile Networks
M-Pesa, mobile money, is the lasting legacy of Michael Joseph’s decade-long term as CEO of Safaricom, the largest mobile network operator in Kenya. M-Pesa allows mobile phone users to send each other small amounts of money, and access a host
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Ernst & Young, Argentina: Tax Reform Affects Stocks and Dividends
On September 23 of last year a law (nr. 26,893) was introduced which significantly amend the Argentine income tax law. It was published in the Official Bulletin. As an introduction, the main amendments are aimed at levying income tax over
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Ernst & Young, Argentina: Legal Certainties in Argentina – Court Sides with Business
Sergio Caveggia and Leonardo Favaretto of EY explain the implications of the Spinna Argentina SRL case with regard to Income Tax Law and Argentine Business Associations Law and what current regulations say in these cases. Recently, the Federal Court of
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Emmanuel Nnadozie, ACBF: Africa – BRICS Partnership Is Growing Rapidly
Emerging trends show that recently the BRICS group has become a major force in the global economic arena. The OECD predicts that the balance of economic power is expected to shift dramatically over the next fifty years with China becoming
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Fata Morgana in the High Alps: Musings on Davos
While currencies crumbled in emerging markets ranging from Turkey to Argentina, the world’s mostly self-appointed leaders and assorted hangers-on gathered in Davos, Switzerland to assure global audiences that the future looks bright and promising indeed. Keep Calm and Carry On.
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Ernst & Young, Argentina: Trusts, Tax Evasion and Money Laundering
By Horacio López Tax division partner at Ernst & Young Argentina On June 30, 2013, it will be a year since General Resolution No. 3312 became effective, and in July it will expire once again, this time for 2012. This
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As Spain and Argentina Team Up, Royal Navy Sets Sail for Gibraltar
A significant chunk of the Royal Navy has set sail for the Mediterranean and the Gulf region on what is billed a “routine deployment”. The British fleet now underway is to engage in a long series of exercises – collectively
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Reef of Contention: Spain Talks Tough on Gibraltar
The Spanish government is taking a cue from Argentina: Whenever beset by apparently insurmountable problems and tanking approval ratings, find some external issue in order to rally the nation around the flag. In times of domestic troubles, successive Argentine governments
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Lagarde on the Prerequisites for a Strong Global Economy
Extracts from a Speech to the Washington Foreign Law Society by Christine Lagarde, Managing Director, International Monetary Fund (June 4th 2013). I should start with a brief update on the global recovery, which is uneven and in fact suffering from
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President Kirchner: Another Peron?
President Kirchner, who has been in office since December 2007, was re-elected in 2011 and may have her sights on a third term – which would require an amendment to the constitution. She was the first elected female president of
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