Speaking in Tongues Helps Overcome Your Fears.

Speaking in Tongues Helps Overcome Your Fears.

Beloved of the Most High God, does fear grip your heart and mind? Or perhaps you are imprisoned by the fear of losing something or someone, of falling ill, or of dying. The Bible clearly tells us that fear “brings torment” (1 John 4:18), which is not part of God’s will for His children. How […]

THE RIGHT VISION: A FRAGMENTED WHOLE.

THE RIGHT VISION: A FRAGMENTED WHOLE.

Understanding the distinctions between the various regions of Africa is necessary to grasp what success means in this part of the world. Many business leaders aware of these distinctions integrate a comprehensive vision of Africa. This holds true for the most obvious reason: economies of scale. Tom Gibian discovered this in Asia before coming to […]

THINK REGION.

THINK REGION.

A good way to segment the African market is by looking at regional trade zones. There are five main regional blocs in Africa, which correspond to the Regional Economic Communities (RECs) of the African Economic Community (AEC), an organization seeking to promote economic development among African states. These five RECs are: Some companies have succeeded […]

UNDERSTANDING DIFFERENT AFRICAN REGIONS.

UNDERSTANDING DIFFERENT AFRICAN REGIONS.

Africa is a continent of exceptional diversity. Much attention is paid to the difference between the governance systems of former French and British colonies, but this is just one layer of diversity. Among the 54 countries, Africa has six official languages inherited from its colonial past and Islamic migrations. In addition to these languages, there […]

THE AWAKENING OF A CONTINENT.

THE AWAKENING OF A CONTINENT.

In 2000, the editors of the magazine saw Africa as a continent trapped in a spiral of violence and despair. The editorial read, “Mozambique and Madagascar have been ravaged by floods, famine is resurfacing in Ethiopia, Zimbabwe has succumbed to government-backed violence, poverty and epidemics are rampant. And above all, war continues to rage across […]

THE GOVERNANCE REVOLUTION IN AFRICA.

THE GOVERNANCE REVOLUTION IN AFRICA.

The end of the Cold War has had a positive impact that is hardly noticeable from a Western capital. Cold War politics, much like oil or misdirected humanitarian aid, was an external force to which African governments could submit without benefiting their citizens in any way. This is the recollection of Sam Jonah, former CEO […]

TYPOLOGY OF CUSTOMS DUTY EXEMPTIONS.

TYPOLOGY OF CUSTOMS DUTY EXEMPTIONS.

One of the characteristics of customs duty is its general scope. It applies to all individuals regardless of their qualities. However, this principle is not absolute. Exceptions, in terms of partial or total exemptions from duties and taxes, are granted based on legal or regulatory texts (Finance Law, Customs Code, Investment Code, International Convention, etc.). […]

THE INCOTERMS : Trade

THE INCOTERMS : Trade

Customs evaluation of goods cannot be done without taking into account the provisions of the sales contract, hence the importance for customs and the declarant to master the Incoterms (International Commercial Terms). SECTION 1: GENERALITIES Incoterms come in various types. Only a good understanding of the rules will optimize the customs value. Paragraph 1: Definition […]

THE ELEMENTS OF TAXATION.

THE ELEMENTS OF TAXATION.

As we have seen above, the customs declaration includes several mentions. Among all these elements, there are three (03) that are essential for proper taxation of the goods. They are: the tariff classification, the origin, and the customs value. These elements are considered essential because they not only constitute the basis for taxation but also […]

CUSTOMS DECLARATION.

CUSTOMS DECLARATION.

The customs declaration is the act (made in the form prescribed by customs), whereby the importer or exporter indicates the customs regime to be assigned to the goods and communicates the elements required by customs for the application of this regime. SECTION 1: THE SINGLE ADMINISTRATIVE DOCUMENT (SAD) AND PERSONS AUTHORIZED TO COMPLETE IT The […]

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