A look into the diverse tax reforms being implemented across Africa

A look into the diverse tax reforms being implemented across Africa

Countries in Africa have implemented various tax policy measures in the last 3 years, including new taxes on different sectors, increased taxes on certain goods and services, and changes to tax exemptions.

Somali pirates say hijacked ship MV Abdullah released after $5 million ransom was paid

Somali pirates say hijacked ship MV Abdullah released after $5 million ransom was paid

Somali pirates released the hijacked ship MV Abdullah and its crew of 23 after a million ransom was paid. The money was divided and avoided government forces. The Bangladesh-flagged bulk carrier was hijacked in March while en route from Mozambique to the United Arab Emirates. Somali pirates had been dormant until late last year when activity started to increase again.