How can the vulnerability of African markets to global shocks be reduced?
Gabon
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Interviews & Viewpoints | Akinwumi Adesina, President, African Development Bank (AfDB): Interview from The Report: Gabon 2016
Interviews & Viewpoints | Angela Adibet, Head of Legal and Tax Department, Deloitte Gabon, on the Finance Act of 2016 and the fiscal framework: Viewpoint from The Report: Gabon 2016
Effective since February 1, 2016, new fiscal provisions were established by the Finance Act of 2016. Subject to the provisions of applicable tax treaties, the withholding tax rate on fees paid by Gabonese debtors to non-residents has increased from 10% to 20%. This withholding tax applies to royalties and other payments made for services...
Articles & Analysis | Gabon's legal framework amended to incentivise PPPs from The Report: Gabon 2016
In accordance with its liberal economic principles, the country is open to foreign investors, and the rights of free enterprise are guaranteed. 1. GENERAL LEGAL ENVIRONMENT A. Constitution & other sources of rules: Gabon has a civil law structure with a hierarchy of legislation – lower laws need to comply with upper laws.
Articles & Analysis | Gabonese tourism sector helping to protect local wildlife from The Report: Gabon 2016
One of the most biodiverse countries in West Africa, Gabon’s forests cover around 85% of the country’s territory and are home to more than 3000 different species of vegetation and at least 190 species of mammals, including forest elephants and hippopotamuses. As of 2015 the country had 23.6m ha of forests, according to a recent study by the...
Articles & Analysis | Gabon offering sector-specific training for employees in tourism from The Report: Gabon 2016
In 2015 Gabon’s tourism sector directly supported 4000 jobs, accounting for 1% of total employment, according to the World Travel & Tourism Council. With the rollout of the National Tourism Strategy (Stratégie Nationale du Tourisme, SNT) 2015-25, authorities expect the tourism sector to create around 20,000 jobs by 2025, an ambitious goal...