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East Africa is global leader of mobile money - report


East Africa is global leader of mobile money - report
Thursday February 18 2021
Mobile money has been one of the fastest growing sectors across East Africa. PHOTO | EDGAR R. BATTE
Summary
East Africa has 1,106 registered mobile money accounts for every 1,000 adults, compared to 600 for the whole of Africa, 533 for Asia and 245 for Latin America and the Caribbean. 
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The East African region has cemented its position in the digital economy as the global leader with the highest penetration rate of mobile money in the world. 
The region has 1,106 registered mobile money accounts for every 1,000 adults, compared to 600 for the whole of Africa, 533 for Asia and 245 for Latin America and the Caribbean. ....

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Seychelles' National Assembly amends Business Tax Act to comply with European Union tax obligations


Seychelles National Assembly amends Business Tax Act to comply with European Union tax obligations
Victoria, Seychelles | December 15, 2020, Tuesday @ 14:37 in Business | By: Sharon Ernesta | Views: 4338
According to Hassan the main reasons for the amendments were to meet European Union obligations concerning taxation and also to better protect the island nation.(401K 2012 Flickr) Photo License: CC BY SA
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(Seychelles News Agency) - In a move meant to comply with tax obligations of the European Union (EU), the National Assembly of Seychelles has approved amendments to the island nation s Business Tax Act.
Minister for Finance, Economic Planning and Trade Naadir Hassan presented the amendments to the ....

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