From taxes to mining, key policy changes across Africa

May 17, 2024 | The VaultNewsletter

Welcome back to the Vault.

thanks for reading
kenya introduces motor vehicle tax eco levy and economic presence tax
tanzania revises mining policy to secure local value addition
enforcement of preclearance for commercial goods begins in zambia
investors and tourists to secure nigeria visas within 48 hours
data vault low interafrica trade continues to be a challenge
want more

Feel free to share your thoughts with us and If you need insight into any key legislation, please tell us.

thanks for reading

Feel free to share your thoughts with us. We would also be pleased if you would visit our website for the latest policy briefs, and policy documents (e.g. laws, regulations, standards, guidelines, circulars, etc.). If you need insight into any key legislation, please tell us.

kenya introduces motor vehicle tax eco levy and economic presence tax

The Kenyan government has published its Finance Bill, which proposes new taxes and seeks to amend some existing legislation in Kenya, including the Tax Act, Value Added Tax Act, Excise Duty Act, Tax Procedures Act and Miscellaneous Fees and Levies Act. If approved, the country would see a number of significant policy changes, including:

tanzania revises mining policy to secure local value addition

Like Nigeria and Ghana , the Tanzanian government is making changes to its mining regulatory environment to induce local addition by industry players.

enforcement of preclearance for commercial goods begins in zambia

The Zambia Revenue Authority (“ZRA”) has announced its intention to enforce mandatory pre-clearance of commercial goods. Importers, exporters, and clearing agents are now required to conduct pre-clearance for all commercial goods and goods cannot enter the customs area without evidence of pre-clearance. Accordingly, details of the goods must be filed before entry into the country. Failure to comply will result in a fine of K500, and any false filing will lead to goods seizure.

investors and tourists to secure nigeria visas within 48 hours

The Nigerian federal cabinet has endorsed the government’s move to further revise its visa policy to ensure that investors and tourists receive visas within 48 hours .

data vault low interafrica trade continues to be a challenge

Despite the increasing interest in African integration and AfCFTA’s emergence, intra-African trade volume continues to be disappointing. Trade with the rest of the world appears more popular than trade within Africa. There remains a pressing need for African leaders and policymakers to address issues hindering intra-African trade, including infrastructural gaps that impact market access and supply chain efficiency within the continent.

want more

Visit www.policyvault.africa to check some of our recently published insights, which provide you with deeper analysis and context of matters at the intersection of public policy and current events.

Before you go…

What policy and insight do you seek?

Whether you are a government official, civil society organization, or researcher, our repository provides comprehensive access to public policies, regulations, and guidelines across Africa. We provide insights and intelligence on these regional policies and regulations for research, advocacy, policymaking, and investing.

Get in touch with us via email to: team@policyvault.africa