GHANA: GIAP Begins Expansion

Growthpoint Investec African Properties (GIAP), the pan-African land investment business managed by Growthpoint Investec African Property Management, has begun executing on it’s strategic plans to aggregate a top quality portfolio of prime income-producing commercial assets in Africa. The news came after South Africa’s largest listed specialized shopping centre real estate investment trust, Hyprop announced on… Continue reading GHANA: GIAP Begins Expansion

KENYA: Firms Invest at least Sh113.3 billion ($1.1 billion) in East Africa

Kenyan firms have invested at least Sh113.3 billion ($1.1 billion) in East African countries within the last four years. The investments were made despite concerns that failure to enforce regional double tax treaty will raise costs for firms. According to the report presented, the cash deployed by Kenyan companies spreading wings regionally was injected in… Continue reading KENYA: Firms Invest at least Sh113.3 billion ($1.1 billion) in East Africa

NAMIBIA: Mining Companies On Tax Break

After a 3 month research conducted by the Namibian government on tax contributions made into the government treasuries by each mining company operating in the country, it was discovered that just 1 company has been totally faithful in the remission of taxes. This is according to the research constituted data from the Chamber of Mines… Continue reading NAMIBIA: Mining Companies On Tax Break

AfDB: President Charges U.S On Increased Investment In Africa

L-R: AfDB President Akinwumi Adesina and U.S Congresswoman Karen Bass. Photo Credit: AfDB's Website

The President of the African Development Bank (AfDB), Mr Akinwumi Adesina, speaking at a high-level dialogue in Washington D.C. said the United States has a strong role to play in expanding opportunities in Africa. According to Mr Adesina, “It is time to turn around the declining investments of the U.S. in Africa. As the world’s… Continue reading AfDB: President Charges U.S On Increased Investment In Africa