haftar

Egypt : 10% tax on capital gains and stock dividends introduced

One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]

Senegal takes over leadership of AU Security and Peace Council in July

Senegal is assuming this July 2023 the presidency of the African Union (AU) Peace and Security Council, the country’s Foreign ministry has announced. “After holding the presidency of the African Union (2022-2023), Senegal is again honored to assume, for the month of July, that of the Peace and Security Council of the continental organization”, the […]

Sudan accuses Haftar’s Libyan forces of cross-border assault in escalating regional conflict

The Sudanese military has accused on June 11 Libyan strongman Khalifa Haftar of direct involvement in a deadly cross-border assault that it says struck Sudanese army positions in the sensitive border triangle shared with Egypt and Libya. The Sudanese army alleges the attack was carried out by the Rapid Support Forces (RSF), aided by Haftar-linked […]