5 °c
London
Sunday, April 18, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Economy

Swaziland gov’t targets $706m revenue earnings from taxation

FurtherAfrica by FurtherAfrica
February 12, 2016
in Economy, Eswatini, Finance, Government, Legislation
Reading Time: 1 min read
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The Swaziland Revenue Authority (SRA) has a target to collect $425 million for the 2016/17 budget, which, when added to the $281.3million from the Southern African Customs Union (SACU) pool, will give the country a total budget of $706 million. This amount will form part of the 2016/17 budget which is expected to be slightly over last financial year’s $937.5million.

SRA acknowledges that it will be a challenge to meet whatever targets will be set for next financial year as it is rather difficult to forecast the impact of the current drought situation, further projecting a decline of SACU revenue.

SACU comprises Botswana, Lesotho, Namibia, Swaziland and South Africa.

In the past financial year, revenue and grants accounted for $912.5million and of this amount, external grants amounted to $16.8 million, a reduction from the previous year as one of the European Union’s grants for agricultural developments dropped.

Source: StarAfrica

Related

Tags: African Customs UnionbudgetrevenueSwazilandSwaziland Revenue Authoritytaxes
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

Qatar Airways cuts Joburg stop, offers direct flights to Mozambique

Next Post

DAIMLER means business in Southern Africa

FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Economy

Mozambique: ‘Valuation of the metical only useful if reflected on the economy’

by FurtherAfrica
April 16, 2021
Credit Rating

Fitch increases Zambia’s credit rating to CCC

by Financial Insight Zambia
April 15, 2021
South Africa signs Johnson & Johnson vaccine deal
Coronavirus

Botswana joins hands with private sector in COVID-19 vaccine procurement, rollout

by Staff
April 15, 2021
Zimbabwe Finance Minister begins roadshow to win over investors
Finance

Zimbabwe Finance Minister begins roadshow to win over investors

by Staff
April 15, 2021
Why Africa needs cryptocurrencies
Cryptocurrency

Crypto-exchange Luno grows 300%, Africa accounts for two thirds of users

by TechGist Africa
April 15, 2021
Next Post

DAIMLER means business in Southern Africa

Snapshot: Mozambique Real Estate Market 2015

South Africa has the most new high net worth individuals on the continent in 2015

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?