Despite tracing its roots to the early 20th century when the Rockefeller family and others began centralising family assets, the family office concept only revealed signs of increasing popularity in the 1980s.
In a bid to leapfrog the traditional steps to development a number of West African economies are developing ‘Smart City’ solutions in major urban areas. One such solution, the establishment of new satellite cities, is yielding mixed results in the region.
It is an issue in any number of emerging economies: how to balance efforts to recover the value of taxable assets and earnings held overseas with a fair and effective taxation code at home, as well as compliance with international standards.
On 8th June 2017, The Prime Minister and Minister of Finance and Economic Development delivered this Government’s third and mid-term budget as a continuation of its roadmap, with little change to economic policy.