Taxing Africa’s Shadow Economy

Formalizing the informal sector through effective and fair taxation policies could yield significant benefits. Experts suggest that taxing the informal sector could increase government revenue by 15% to 25% in many African countries. This additional income could fund critical infrastructure projects, expand healthcare and education systems, and reduce reliance on foreign aid and debt.

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Business News Feb 14

The Democratic Republic of Congo (DRC) has urged Formula 1 (F1) to cancel discussions with Rwanda over hosting a Grand Prix, citing Rwanda’s alleged support for the M23 rebel group, which has caused mass displacement and violence in eastern DRC. DRC’s Foreign Minister, Thérèse Kayikwamba Wagner, warned F1 that associating with Rwanda could tarnish its reputation, calling it a “blood-stained” deal.

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A Case of Two Colors

The “case of two colors” argument—often used to describe disparities in legal treatment based on power, influence, nationality, or race—could be debated in the cases of Vikas Sagar, a former McKinsey executive, and Manuel Chang, Mozambique’s former finance minister. Their legal outcomes present a stark contrast, despite both being implicated in large-scale financial corruption

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Senegal’s Train Express Regional (TER)

Senegal’s Train Express Regional (TER) is transforming urban mobility in West Africa, setting a new benchmark for rail transport on the continent. As one of Africa’s most advanced electric train systems, the TER connects Dakar to Diamniadio with plans for further expansion, offering a fast, modern, and eco-friendly alternative to congested roads.This article explores how Senegal’s rail development compares to other African and global railway systems, highlighting both the opportunities and challenges in electrifying Africa’s transport infrastructure. Could this project be the blueprint for the continent’s future high-speed rail networks?

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