Deals and Investment

cryptocurrency traders South Africa taxation

South African Cryptocurrency Traders to Face Stricter Taxes

Cryptocurrency traders in South Africa have encouraged by Mazars, an accounting and tax consultancy firm to brace for potentially more rigorous taxation. The South African Revenue Service (SARS) has not yet released any specific legislation around the taxation of cryptocurrencies, besides that taxpayers need to include any realised gains as[Read More…]

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Mdundo listing on nasdaq

Kenyan Startup Mdundo Raises $6.4m in Pre-sale, to List on Danish Exchange

The Kenyan music service Mdundo due to an oversubscribed pre-sale period that raised DKK40 million (US$6.4 million) and will be listing its shares on the Nasdaq First North Growth Market Denmark tomorrow. Mdundo aims to raise additional funds for its continued growth into new African markets and to validate its[Read More…]

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