OPINION/EDITORIAL

Naira Interest Rates: Enough Bank Capital for a Credit Boom?

December 20, 2019/Coronation Report Conditions for a credit boom in place                  Since October Nigeria has operated a two-tier interest rate system (see chart, below), resulting in steep declines in T-bill rates (page 5). Combined with the Central Bank of Nigeria’s (CBN) tough lending targets for banks, the results are […]

Investing now for the tax audit of the future

December 19, 2019 Caleb Langat, Tax Partner, IKM Kenya | DLA Piper Africa Transfer Pricing is one of the hottest tax issues globally, and Africa is no exception.  Globally transfer pricing has a bad reputation due to perceived deliberate mis-pricing of intra-group transactions for tax avoidance purposes.  In its simplest […]

Striking the Right Balance Between Sustainable Development and Sustainable Debt

December 19, 2019/IMFBlog By Kristalina Georgieva Over the past two decades, sub-Saharan Africa has made considerable economic progress: extreme poverty levels have declined by one third; life expectancy has increased by a fifth; and real per capita income has grown by about 50 percent on average. Yet, sub-Saharan Africa is still […]