Impact Investing in Africa: Insights from KPMG IDAS Africa

Impact investor interest in Africa is currently growing faster than the industry’s ability to effectively deploy this capital. To overcome this challenge, investors need to better align their expectations, capabilities and strategies with market realities. Through management of various funds across Africa, KPMG’s International Development Advisory Services (IDAS) has allocated capital to over 200 businesses […]

Read full story Comments { 0 }
Ghana aims to become West Africa’s power transmission hub

Power Sector slows down Africa’s Growth

There is no doubt that the African continent is growing but the snail-speed development in the Power sector is holding back the continent from growing at the expected rate. South Africa’s ESKOM struggles with management issue; Nigeria’s PHCN still struggle despite the privatisation of the power sector; in East Africa, the growing energy needs demand […]

Read full story Comments { 0 }

The Business and Economic Impact of Ebola across Africa

KPMG Africa has collaborated across our healthcare practices in West, East and Sub-Saharan Africa to explore the impact of Ebola, both on the affected countries as well as on the businesses of some of our key clients. West Africa The three countries in West Africa hardest hit by the epidemic are Liberia, Sierra Leone and […]

Read full story Comments { 0 }

Is Chinese Investment in Africa Mutually beneficial or lopsided?

In 2009, China surpassed the United States as Africa’s largest trading partner; with an investment value of US$166 billion in 2011, China not only invest in the manufacturing sector of Africa but gets a 3rd of its oil import from Africa. Despite this record, some economists and stakeholders still see China’s interest in African economy […]

Read full story Comments { 0 }

Liberia Fiscal Guide (2014/2015)

Business income Generally residents are taxable on all income regardless of source. Therefore, foreign source income by a resident is taxable in Liberia subject to available foreign tax credit relief. Non-residents are subject to tax on income having a source in Liberia. The Corporation tax rate is 25% and 30% for general companies and mining/petroleum […]

Read full story Comments { 0 }

Rwanda Fiscal Guide (2014/2015)

Basic Taxation Income tax is levied on both companies and individuals. Under the income tax laws, tax is charged on the taxable income accruing worldwide for all residents and on the income of non-residents from sources in Rwanda. An entity is regarded as a resident if it is a company or an association established according […]

Read full story Comments { 0 }
many NOCs in these emerging producer countries are struggling to establish themselves

When one crisis meets another: Focusing on talent for the long term

Assessing talent risks With the spate of payroll reductions and project postponements that have come in the wake of falling oil and commodity prices, energy and natural resources (ENR) companies may be lulled into thinking that their talent crisis has been solved. If it were only so easy. The talent shortage that has challenged the […]

Read full story Comments { 0 }

Africa Brief: Business News from around the continent

Botswana’s Choppies to list on JSE THE JSE will get another African boost when Botswana grocery retailer Choppies Enter­prises lists on the main board at the end of this month. This will be the fourth inward listing from the rest of the continent, following in the footsteps of Namibia’s Trustco, Botswana’s Wilderness Safaris and Nigeria’s […]

Read full story Comments { 0 }

Private Equity disposals on the rise in Africa which means more opportunity for growth and investment

During 2014, the Private Equity firms played a vital role in the development of African regions where they would acquire a company with a controlling stake, operate and grow the company within their investment strategy timeframe, typically five to ten years, and thereafter, sell their well-developed portfolio company to either another private equity firm, a […]

Read full story Comments { 0 }
Private Equity Portfolio report

Mergers and Acquisition: What are the key trends to watch for in the Kenyan market?

What are mergers and acquisitions (M&A) and what are the key trends that we should watch for in the Kenyan market? Mergers and Acquisitions essentially involves an equity transaction between companies; mergers involve the combination of two or more companies to form a single entity, while acquisitions involve the purchase of an equity stake in […]

Read full story Comments { 0 }

Africa Brief: Business News from around the continent

Pepkor plans to double its presence in Nigeria by 2018 PEPKOR, the local clothing retailer bought by Steinhoff In­ternational for $5.7 billion (R68bn) in 2014, plans to double its presence in Nigeria with 10 store openings a year through to 2018. The company opened its first outlet in Africa’s most pop­ulous country in 2012 and […]

Read full story Comments { 0 }

The role of stock exchanges in growing the African financial markets

Robbie Cheadle, Associate Director, Deal Advisory “STOCK EXCHANGES PLAY A VITAL AND VARIED ROLE IN THE DEVELOPMENT OF THE ECONOMY OF A COUNTRY.” Some of the most important areas of economic development that stock exchanges play a significant role in are as follows: Enabling companies to raise equity capital to fund growth requirements, existing projects […]

Read full story Comments { 0 }