A smart robber fleeces you with a pen and a handshake. From Zimbabwe to Kenya, Uganda to Benin, African governments are on a tax-raising spree, looking for easy money, ostensibly to help fund successive revenue shortfalls and budget deficits. Often, the money ends up being misappropriated by corrupt public officials. The best weapon in government […]Bitcoin News.
10/03/2018 / 11:50:11
Emerging Markets | Africa | Angola | Benin | bitcoin cash | Budget deficit | Cryptocurrency | Emmerson Mnangagwa | Excise duty | Governments | Jose dos Santos | Kenya | Mobile money | Mobutu Sese Seko | Mthuli Ncube | N-Featured | Nigeria | Reserve Bank of Zimbabwe | revenue | Rwanda | Sani Abacha | Tanzania | Tax | transactions | Uganda | Uhuru Kenyatta | Zambia | Zimbabwe | | Regulation|Business|BTC
Less than a fortnight since his appointment as Zimbabwe’s finance minister, the new treasury boss is potentially placing himself on a collision path with the country’s central bank with his pro-cryptocurrency stance. According to Mthuli Ncube, Zimbabwe’s newly minted Minister of Finance, cryptocurrencies could assist the southern Africa country to solve the cash crunch thatCCN
09/17/2018 / 10:04:18
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