Tag Archives | Senegal

La situation économique du Sénégal [Business Africa]

Les statistiques récentes publiées par le bureau sénégalais de la planification économique, des politiques et des finances ont révélé que les recettes nationales sont excédentaires avec plus de 560 milliards de FCFA. Ce chiffre ne reflète pas les défauts actuels de l‘économie sénégalaise dont le déficit actuel du PIB devrait atteindre les 7% contre 5,7% l’année dernière. Watch video Originally posted by africanews.fr

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One Company’s Tax ‘Heaven’ Is Senegal’s Tax ‘Hell’

A lopsided treaty between Mauritius and Senegal means, with the right paperwork, companies working in Senegal can avoid paying millions in taxes.  One of the world’s largest engineering companies scored a $50 million deal to build a processing plant in Senegal, one of the world’s poorest countries, it looked to a tiny Indian Ocean island for help. That island, Mauritius, has an established banking system, a level of political stability unusual across Africa and well-trained workforce. It is also a renowned tax haven. And Mauritius offered engineering company SNC-Lavalin a significant benefit: a lopsided treaty signed with Senegal that, with the right paperwork, made it easy for the Canadian firm to avoid up to $8.9 million in taxes. Read more Originally published on ICIJ

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