Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the United States had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday.
South Africa’s Former Mineral Resources Minister Mosebenzi Zwane tried to pressure Nedbank into keeping the accounts of Gupta-linked entities open, even allegedly threatening that something may happen to the bank’s licence.
The European Union on Wednesday ended a long-running investigation into the tax arrangements between US fast food giant McDonald's and Luxembourg, finding the setup did not amount to illegal state aid.
South African media and e-commerce group Naspers’ plan to spin off Multichoice, Africa’s biggest pay-TV business by subscribers, will free up cash for the unit to compete with fast-growing Netflix and other streaming services.
Kenya's President has proposed hiking taxes on mobile payments and other money transfer services, documents sent to parliament this month showed, amid tussle in government over how to boost revenues without hurting the poor.