For several years now, as debt levels in a number of African countries have risen to alarming heights, Chinese and African officials have been ... looking for new ways to evolve the traditional resource-for-infrastructure (RFI) deals.
Creditors of retailer Nakumatt, which has been struggling financially over the past three years, recently decided to liquidate the company. The ... investments required were deemed too significant and financial stability too elusive.
Nigeria’s most far-reaching tax reform in 20 years will facilitate corporate restructuring and ease the burden on small business – while ... leaving the scope for private arrangements with tax inspectors untouched.
Nigeria’s closure of its border with Benin is essential to improve tax collection and ensure a level playing field ahead of the implementation ... of the African Continental Free Trade Area, Flour Mills of Nigeria chairman John Coumantaros told The Africa Report in an interview.