Tag: Currency
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Africa Economies need digital currencies – Bawumia
Vice President Dr Mahamudu Bawumia says African economies need digital currencies backed by Central Banks to give credibility to transactions.
"Digitization and the advent of...
US Dollar to Remain World Reserve Currency in Next 10 Years – Kristalina Georgieva
The US dollar will remain the world reserve currency during the next decade, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday.
"The...
Digital currency is the way to go for Africa – Bawumia
Vice President Dr Mahamudu Bawumia says it is time African governments embrace digital currency (bitcoin) to facilitate trade and enhance other productive sectors of...
Zimbabwe declares income tax bands for foreign currency earners
The Zimbabwean Treasury has unveiled foreign currency-denominated income tax bands, with tax-free threshold at 350 U.S. dollars a month and a rate of...
Egypt develops jasmine oil trade to earn hard currency
by Mahmoud Fouly
A couple of hours before dawn, a lot of farmers and laborers in Shubra Beloula village...
