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Africa’s oil & gas sector continues to show substantial growth, despite regulatory uncertainty and corruption, according to PwC Review

pwc

-PwC’s ‘Africa oil & gas review’ analyses what has happened in the last 12 months in the oil & gas industry within the major African markets

The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous fuelled by fraud, corruption, theft, poor infrastructure and a lack of skilled resources, among others. Regulatory uncertainty and delays in passing laws are severely inhibiting sector development in many countries around the continent. “Some key players...

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Habari Zinazoendana

9 years ago

Dewji Blog

Digital fuels growth in Africa’s entertainment and media industry: PwC report

pwc

“The line between traditional media and digital media is blurred – consumers want more flexibility and freedom in how they consume content.”

After more than a decade of digital disruption, the African entertainment and media industry has entered a new landscape – one where the media is no longer divided into distinct traditional and digital spheres, according to a report from PwC (http://www.pwc.com) titled Entertainment and media outlook: 2015 – 2019 (South Africa – Nigeria-Kenya). The...

 

9 years ago

TheCitizen

Review oil, gas laws: call

The Tanganyika Law Society (TLS) has asked Prime Minister Majaliwa Kassim Majaliwa to spearhead the push for amendment of oil and gas legislation passed by Parliament in July to enhance transparency and accountability in the extractive industries.

 

11 years ago

TheCitizen

Oil, gas sector not standards-compliant: study

Studies conducted on nine oil and gas exploration companies operating in Tanzania show that there is a general lack of compliance to international standards on preparation of corporate social responsibility (CSR) policies. Best practices show that communities must be involved, a consultant has said.

 

9 years ago

TheCitizen

New database launched for openness in gas, oil sector

Tanzanians can now access information related to oil and gas sector, thanks to a transparency tool launched yesterday in efforts to improve the sector’s governance.

 

9 years ago

TheCitizen

MANAGING TAX RISKS :Taxes applicable to oil, gas sector

Tanzania has made significant natural gas discoveries of over about 55 trillion cubic feet. Production activities of some of these discoveries has already started. Oil exploration activities are also ongoing and there is a potential for more discoveries.

 

9 years ago

TheCitizen

MANAGING TAX RISKS : Taxes applicable to the oil, gas sector

In our last article we noted that the taxes applicable to the oil and gas sector include the income tax which includes corporate income tax, withholding taxes and employment taxes.

 

9 years ago

TheCitizen

MANAGING TAX RISKS : Taxes applicable to oil, gas sector

In our previous articles on taxes applicable to the Oil and Gas sector we have already noted that the taxes applicable to the Oil and Gas industry include income tax which includes corporate income tax, withholding taxes, employment taxes; capital gain tax; Value Added Tax (VAT); Customs Duty; Excise Duty; Fuel Levy and Stamp Duty etc.

 

9 years ago

TheCitizen

MANAGING TAX RISKS :Taxes applicable to the oil, gas sector

In our series of articles on taxes applicable to the Oil and Gas sector we have noted that the taxes applicable to the Oil and Gas industry include income tax which includes corporate income tax, withholding taxes, employment taxes; capital gain tax; Value Added Tax (VAT); Customs Duty; Excise Duty; Fuel Levy and Stamp Duty etc.

 

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