Browsing Tag

system

Deciphering How Financial Conglomerates Shape Somalia’s Tax System

Over the past ten years, the financial sector in Somalia has seen a significant rise in financial conglomerates, which include banks, mobile operators, and money transfer services. However, the taxation system for Somalia's financial services sector is not fully developed. Each entity within a conglomerate is subject to various taxes such as payroll, value-added, corporate income, regulator fees, bank levies, capital gains, and a financial transactions tax. Payroll taxation has recently begun, and conglomerates are typically…

Why Somalia Should Consider Bitcoin as a Hedge: Building Economic Resilience

In the face of recent economic turmoil and uncertainties, Somalia has a compelling opportunity to explore the potential benefits of integrating Bitcoin into its national financial strategy. This innovative digital currency could not only serve as a safeguard during turbulent economic times but also act as a catalyst for strengthening Somalia's resilience against future shocks. Somalia, along with many other developing nations, faces a multitude of challenges that can significantly disrupt its economic stability. These…

Tigray’s banking system has in part

In Ethiopia, the conflict continues in Tigray province. It killed thousands of people and also caused significant damage. In particular, many infrastructures have been looted or destroyed. With our special correspondent in Aksum, Sebastien nemethThere are dozens of those waiting in a long line that stretches around the…

clean transition or system change?

Chad is at a turning level in its historical past. After 31 years in energy, Marshal Idriss Déby Itno was killed simply over three weeks in the past, on the entrance traces between the nationwide military and the rebels from the Entrance for Alternation and Harmony in Chad (Info). Since then, the Army Transitional Council (CMT), fifteen generals led by the son of former president Mahamat Idriss Déby, has taken the reins of the nation. A…

Who’s accountable for Somalia’s “weak” federal system?

Who's accountable for Somalia's "weak" federal system? MOGADISHU, Somalia - Since 1991, Somalia has struggled to put in a steady authorities, particularly after the dissolution of the navy regime led by Siad Barre, a person accused of mastering a number of crimes within the nation. All through this time, there have been aware efforts to modernize the nation's administration, together…

when the nation fell right into a multi-party system

March 26, 1991 - March 26, 2021. It has been thirty years since a popular uprising swept through General Moussa Traoré's regime. Three decades later, in Bamako, opinions are divided on the results of this change, which has led to a multi-party system. as reported from Bamako, Serge DanielLike Djiguiba Kéita from the National…

MSF is worried concerning the state of the healthcare system in

The majority of the health facilities we visited either worked half or not at all. This means that the people who live no longer have access to the health care system, which is no longer functional. Health workers no longer feel safe working. And on top of all this, the majority of the ambulances are no longer there, they are confiscated. There are very few of them today in Tigray. This means that a patient cannot be referred to a more advanced care service if necessary. Women who need to give…

Elections in Ghana: Christopher Fomunyoh (NDI) praises “a really nicely thought out electoral system”

On Monday, December 7, 17 million Ghanaian voters might be known as to the polls to elect their new president and their deputies. This English-speaking West African nation is among the many good college students in a area in full swing, a rumor that Monday's survey must be consolidated, Christopher Fomunyoh believes. He's the regional director with duty for Africa for the American NGO Nationwide Democratic Institute, which examines political rights and freedoms. He's current in Accra as a world observer and solutions…

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