On Friday, 5 January 2024, the Council (under the Ministry of Economy, Finance and Foresight) adopted a decree (Decret No 2024-0027/PRES-TRANS/PM/MEPFMFPTPS) establishing a compulsory withholding tax on the remuneration of public officials and worker...

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Is there a more inconvenient time to lose power than at month-end? Businesses rely on crucial activities, such as payroll processing and HR functions, to keep operations running smoothly. Unfortunately, when load shedding occurs, these essential task...

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The Minister of Employment and Labour published Government Gazette 50073 on 2 February 2024, amending Schedules 1 and 2 of the National Minimum Wage Act (NMWA), which will result in an increase in the minimum wage rates effective 1 March 2024: Effec...

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The NSSF Act No. 45 of 2013 and Article 43 of the Kenya Constitution mandates the National Social Security Fund (NSSF) to provide social security to all workers in Kenya. This is therefore to notify all Employers, effective February 2024 payroll, of ...

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Article 21 to 23 of Loi 031 du 29 Decembre 2023 Portant loi de Finances pour l'exercice 2024, amends the provisions of article 837 to 839 of the CGI as of 1 January 2024. Fonds d'Intervention Rurale (FIR), which is known as the Rural Intervention ...

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Kenya's Court of Appeal has taken a significant step by putting a halt to the deductions related to the Affordable Housing Levy. This decision comes in response to ongoing legal cases that have been filed against the programme. In their ruling, a pan...

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On Wednesday, 17 January 2024 we received a Public Notice confirming that the Social Security and National Insurance Trust (SSNIT) has increased the minimum and maximum insurable earnings for 2024. The Social Security and National Insurance Trust ...

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Following the promulgation of the Finance Act, 2023, the Zimbabwe Revenue Authority (ZIMRA) has released the new tax tables. The new tax tables are effective from 1 January 2024. No changes were made to the USD tax tables. Click here to acce...

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In the rapidly evolving landscape of technology, the rise of artificial intelligence has become both an opportunity and a concern for business leaders. Amidst the myriad options, Clyde van Wyk, co-founder and director at PaySpace, emphasises a key pr...

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The National Pension Scheme Authority is mandated to review the contribution ceiling and pension payments annually and adjust them in line with the change in the National Average Earnings (NAE). This is in accordance with section 35 of the National P...

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