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Webb Valuation: Transforming African Customs and Protecting Revenue (By Arnaud Bouraïma)
Countries using Webb Valuation have seen a significant increase in customs duties and tax collection by up to 20%
By Arnaud Bouraïma, Chief Commercial Officer at Webb Fontaine (www.WebbFontaine.com) As global trade continues to expand, customs administrations all over the world face increasing challenges in collecting accurate revenue and minimising fraud. In Africa, these challenges are particularly acute. Studies show that giving customs inspectors better information can improve fraud detection…