Africa tax Cynthia Umurungi

A good number of countries in Africa have active and well-established extractive sectors while others are nascent but growing steadily. Many studies have established that the extractive industries (EI) have the potential to significantly contribute to a country’s socio-economic development if harnessed well. Unfortunately in the case of Africa, the paradox of poverty amidst plenty prevails as it is linked to poor governance of the sector and misappropriation of accrued revenues to the detriment of the livelihoods of citizens.

Thank you for taking the time to listen to this podcast, which focuses on the recent study by Oxfam. The study is titled: Auditing the auditor, examining the role of supreme audit institutions in auditing the extractive industry in Africa. In this podcast, we will often refer to the Supreme auditing institutions as SAI’s.

The demand for Double Taxation Agreements (DTA) has increased due to various contexts in the East African Community such as constitutionalism, the growth of trade and services both regionally and internationally, plus the discovery of natural resources that raised the need for inflows of Foreign Direct Investments (FDI) in the region.

Thank you for taking the time to listen to this podcast that focuses on the recent study by East African Tax and Governance Network (EATGN) in partnership with Oxfam. The study is titled: Weaving Webs for Tax Avoidance - Identifying and Mapping Treaties in the East African Community.