Search Results for: Lesotho

Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…

Vehicle registration in the landlocked southern African diamond-rich Botswana has surged over the past decade, with vehicle numbers increasing at an average annual 9.4% rate since 2006, according to statistics from the country’s department of road transport and safety.

The sudden ballooning sales for a country of just over 2 million people, which recently celebrated its golden jubilee independence, has ignited other auto industry support businesses – parts sales shops, car breakers and insurance companies selling motor vehicle insurance – and is fuelled by transactions made for both new and used cars sales.…

MOBILE money transactions surged in 2015 across the world – increasing by 31% to reach 411 million mobile money accounts, and this is a critical platform for expanding financial inclusion globally, according to GSMA, a UK-based global mobile industry association, in its February 2016 annual report on the ‘State of the Industry Report on Mobile Money’. …

The United States’ African Growth & Opportunity Act (AGOA) has helped boost many African countries’ apparel and textile sector, giving them duty-free and quota-free access to the US market. And while many are keen to see the act renewed before its expiration this September 30, some countries have benefited more than others.…

The Open University of Tanzania (OUT) is reaching out to higher education institutions in other neighbouring countries to establish collaborations that will encourage more foreign students to enroll for distance learning.
University vice chancellor Professor Tolly Mbwette said the institution’s board hoped to spread its influence regionally: “We are now the largest distance learning university in the region and our plan is to take distance learning to most countries in East Africa and those under the Southern African Development Community [SADC] by 2016.”…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology is now a fully licensed tertiary institution, after seven years operating under an interim licence. The university’s vice chancellor Dr. Raphael Dingalo said the institution’s staff and students were upbeat about the development, announced earlier this month (September 1), just before the graduation of more than 900 students, from several African countries.…

The Botswana International University of Science and Technology (BIUST) is now operating at its permanent home in country’s Central District, having moved from temporary premises near the capital Gabarone.
The project, promoted by the country’s former president Festus Mogae, has been launched to boost science, engineering and technology degree programmes within Botswana, boosting the quality of its labour force.…

Chinese investment in sub-Saharan Africa’s textile processing sector is creating new capacity for finishing, but progress is uneven. Whilst China’s growing presence in the region is far from universally popular, industry figures consulted by International Dyer across the continent were generally positive about the trend.…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology (Limkokwing Botswana), has continued to flex its muscles in this diamond-rich Southern Africa nation, taking advantage of a fast growing tertiary education sector. Botswana’s college and university student (aged 18-24) enrollment has grown from 11.4% in 2007/08 to 16.4% in 2012, or 46,613 students.…

THE EUROPEAN Commission is attempting to move the legal boundary where tax avoidance becomes tax evasion, criminalising some aggressive tax planning that has caused controversy across Europe. The move is one a number of recent practical tax and anti-fraud law reforms that Brussels has been pushing to help tax authorities in the European Union (EU) collect reasonable levels of revenue.…