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Overhaul of the Income Tax Act is Inevitable

Globally, tax laws have been evolving over time to keep pace with the changes in […]

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Emerging Trends in the Nigerian Power Sector

Africa Brief: Call for power grid investors, Egypt gets boost in Saudi Funding, Ethiopian dam raises concern, and more

Sierra Leone was seeking $3.5 billion (R34.5bn) of investment from the private sector to overhaul its creaking electricity industry with the aim of increasing output tenfold by 2017, Deputy Energy Minister Martin Bash-Kamara said at the weekend. Sierra Leone has one of Africa’s lowest power generation capacities, at just 100 megawatts for its 5.6 million people. Bash-Kamara said the government had signed memorandums of understanding with investors to develop power projects in the mineral-rich country

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