Archives des Economy - Page 5 of 5

Africa's Wealth, Business, Custums, Economy, Entrepreneurship, Geopolitics, Leadership, Productivity, Ressources, Transformation

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 […]

21 February 2024 0 Comments

Africa's Wealth, Business, Custums, Economy, Entrepreneurship, Geopolitics, integrity, Productivity, Skills, Trade, Transformation

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 […]

21 February 2024 0 Comments

Business, Custums, Economy, Entrepreneurship, Geopolitics, integrity, Knowledge and understanding, Leadership, Trade, Transformation

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 […]

21 February 2024 0 Comments

Business, Custums, Economy, Entrepreneurship, integrity, Productivity, Trade, Transformation

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.). […]

20 February 2024 0 Comments

Business, Custums, Economy, Entrepreneurship, integrity, Knowledge and understanding, Leadership, Productivity, Revelation, 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 […]

19 February 2024 0 Comments

Business, Custums, Economy, integrity, Knowledge and understanding, Productivity, Skills, Trade, Transformation

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 […]

19 February 2024 0 Comments

Blessings, Business, Custums, Economy, Entrepreneurship, integrity, Knowledge and understanding, Productivity, Trade, Transformation

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 […]

19 February 2024 0 Comments

Custums, Economy, Engagement, Entrepreneurship, integrity, Knowledge and understanding, Leadership, Money, Productivity, Trade, Transformation

TAXPAYER OBLIGATIONS REGARDING CUSTOMS.

The customs code prescribes obligations for the taxpayer, the non-compliance of which constitutes offenses. These obligations are the same for most customs regimes, whether they are simple suspensive regimes or specific to import or export. SECTION 1: BEFORE AND UPON ARRIVAL OF GOODS The taxpayer’s obligations begin as soon as the merchandise is on its […]

19 February 2024 0 Comments

Blessings, Business, Custums, Economy, integrity, Knowledge and understanding, Money, Powerful, Productivity, Success, Transformation, Wealth, Work

The different forms of economic integration.

In “The theory of economic integration” (1961), the Hungarian economist Béla Balassa established five different forms or stages of the regional integration process, depending on whether it is more or less advanced. These are: the free trade area, the customs union, the common market, the economic union, and the economic and monetary union. 1- The […]

19 February 2024 0 Comments