Prinesha Naidoo
Knight-Bagehot Fellow in Economics and Business Journalism at Columbia University | On leave from @business @BloombergAfrica | Opinions = own
Articles
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3 weeks ago |
news.bloomberglaw.com | Kamlesh Bhuckory |Prinesha Naidoo
Mauritius will temporarily raise taxes on individuals and corporations and cut spending on some social programs to shore up revenue and stabilize public finances. The island nation known for having one of the most competitive tax jurisdictions in the world will introduce a so-called fair-share contribution on high-income earners and impose additional levies on profitable sectors for three years through June 2028. The new taxes will boost revenue on income and benefits by 31% in the coming year.
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3 weeks ago |
bloomberg.com | Kamlesh Bhuckory |Prinesha Naidoo
Residential buildings in Port Louis, Mauritius. (Bloomberg) -- Mauritius will temporarily raise taxes on individuals and corporations and cut spending on some social programs to shore up revenue and stabilize public finances. The island nation known for having one of the most competitive tax jurisdictions in the world will introduce a so-called fair-share contribution on high-income earners and impose additional levies on profitable sectors for three years through June 2028.
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3 weeks ago |
bloomberg.com | Prinesha Naidoo
People in the Jemaa el-Fnaa square and market place in Marrakesh Photographer: Hollie Adams/Bloomberg(Bloomberg) -- Kasada Capital Management, a private equity firm backed by Qatar’s $524 billion sovereign wealth fund, expects to strike a hotel deal in Morocco in the first half of 2026, marking its entry into North Africa’s booming hospitality and tourism industry.
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3 weeks ago |
hotel.report | Prinesha Naidoo
The hospitality-focused firm, whose backers include the Qatar Investment Authority and French hotel group Accor SA, has set up an office in Casablanca to assess opportunities and aims to close a fund for investments in Morocco by year-end. The North African Kingdom received 17.4 million tourists last year, eclipsing Egypt as the most visited country in Africa.
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1 month ago |
bloomberg.com | Prinesha Naidoo
Zak Calisto’s firm started out helping carjack victims recover their vehicles in South Africa two decades ago. It’s since expanded to an international track-and-trace giant with a New York listing — and made him Africa’s newest billionaire. The Portugal-born founder of telematics firm Karooooo Ltd, which started out as Cartrack, owns about two-thirds of the company which has since expanded to services including AI-powered driver monitoring and fleet-management.
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Mauritius, a tiny island paradise in Africa, is one of the world’s fastest-growing wealth markets. It's trying to capitalize on the boom by courting family offices, wealth managers and fintech firms to diversify its economy. @KB2803 https://t.co/HyfafzmW7F
RT @CityLab: A South Africa startup is fronting the costs for tiny backyard apartments to help homeowners become landlords https://t.co/9E…
RT @AntonySguazzin: South Africa needs a just and fair land expropriation law that works efficiently to foster economic growth, Public Work…