poste-mauritanie-algerie

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: Over $50 million to digitalize health system

The Senegalese government has earmarked $50.2 million to finance the digitalization of the country’s health system, a top official of the health sector told State-run news agency APS. “The Senegalese government made digital health a priority several months ago. It has agreed to allocate $50.2 million to address the issue,” said Ibrahima Khaliloulah Dia, Coordinator […]

Algeria Releases ‘New Growth Model’ Warning of Unsustainable Subsidy System

The Algerian government released its 2030 vision for economic development, dubbed “New Growth Model,” warning of the unsustainability of the current subsidies system and urging economic diversification to reduce dependency on hydrocarbons. “In all sectors of the public service (electricity, gas, water, rail transport, telecommunications), tariffs are kept at levels lower than the cost of […]