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Exxon Mobil May Reduce Workforce in Africa As Demand for Fuel Declines Globally

Exxon Mobil Corporation may be shedding its workforce in Africa and across its businesses globally following the historic decline in fuel demand occasioned by the coronavirus pandemic. The company’s businesses in Sub-Saharan Africa cuts across Nigeria, Angola, Chad, Cameroon Equatorial Guinea, Ghana, Mauritania, Mozambique and Tanzania. A spokesman for the[Read More…]

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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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