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09 February 2016

Globalisation and its tax discontents

By Alice Muriithi, Manager with PwC Kenya's Tax practice, specialising in international tax and transfer pricing With globalisation continuing rapidly and countries (both developed and developing) struggling with financing budget deficits, the taxation of multinational corporations (MNCs) is yet again in the global spotlight. Herein lies the tension that has...

08 December 2015

Food security in Africa - Water on oil

By Richard Ferguson, PwC Agribusiness Advisor and Joel Segal, Africa Business Group Chair, PwC UK Food security in Africa is set to become a major investment theme says our new report ‘Food security in Africa – Water on oil’. Across many emerging economies, rapid industrialisation and urbanisation is placing strains...

03 November 2015

Government, the economy and business - Kenya

By Kuria Muchiru, Partner, Government and Public Sector, PwC Kenya Over the next 12 months, market conditions/uncertainty is a worrisome external issue for 56% of private company and family business leaders in our Kenya survey, followed by government policy/regulation among 48% of respondents. In the next five years, they are...

19 October 2015

Kenya risks missed opportunity as an investor’s tax hub

By Elizabeth Ndiritu, Senior Manager, Tax Services, PwC Kenya Kenyan economic climate is flourishing as the country becomes the preferred investment hub for the East Africa region and beyond. With this designation has come increased investment activity, from both local and foreign investors. According to the 2015 Kenyan Budget Policy...

06 October 2015

Infrastructure projects outlook

By Geoffrey Mabea, Manager, Capital Projects & Infrastructure PwC Kenya Infrastructure contributes to more than half of Africa’s recent improved growth performance. The focus on improving Infrastructure contributes towards economic growth and militates against human underdevelopment. According to Oxford Economics, worldwide infrastructure spending is expected to hit as high as...

22 September 2015

Africa - Unleashing the power of innovation to revolutionise financial services

By Dr. Andrew S. Nevin, Partner and Chief Economist at PwC Nigeria In just a few years, cell phone networks have done what fixed line operators have struggled to do for more than a century by connecting up Africa. I live in Nigeria, where the impact of the mobile revolution...

08 September 2015

Hospitality Outlook

By Pietro Calicchio, PwC Partner, Hospitality & Gaming Industry, Southern Africa Good growth prospects ahead for the African hospitality industry amidst security concerns and the new SA immigration visa regulations The South African hospitality industry is expected to grow further in the next five years, with most growth expected to...

26 August 2015

African oil & gas organisations plan for a response to low oil prices

By Chris Bredenhann, PwC Africa Oil & Gas Advisory Leader Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. Oil production in Africa has fallen from 10.1% to 9.6% of the world’s total in...

11 August 2015

Into Africa: the continent’s ‘Cities of Opportunity’

By Paul Cleal, Partner, PwC Nigeria Africa’s population, expanding at a far faster rate than any other region, will double its current size by 2050. Where other parts of the world, notably Europe, will increasingly be home to greater numbers of older people, Africa’s future is decidedly youthful. Such demographic...

09 July 2015

Ethiopia: From Famine to feast

By Dr. Andrew S. Nevin, Partner and Chief Economist at PwC Nigeria and Adetutu Adebiyi, PwC Advisory A nation once characterised by land-locked isolation and poverty, Ethiopia has emerged as Africa’s 'newest Lion economy' and continues to accelerate in the global economy. With a population of 70.7 million people, Ethiopia...