Cuba

Tunisia: No New Taxes on Companies, Individuals in 2019

The Tunisian government will not impose new taxes on companies and citizens in the 2019 budget, a statement released by the government said. According to the draft budget for 2019 released earlier this week, the government is committed to not burden economic institutions and citizens with new taxes in 2019 due to the “contributions they […]

Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank

A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down the continent’s economic growth. In its Africa Pulse report, the Washington-based bank expresses its concern that Sub-Saharan Africa could be facing a “lost decade” of slow economic growth and high […]

South African Speaker resigns amid corruption case

South Africa’s Parliament speaker and ANC member Nosiviwe Mapisa-Nqakula gave up her seat, after she lost a bid that would block her arrest over a corruption case. The Speaker, like many of ANC leaders, is accused of receiving bribes amounting to 135,000 dollars from a defense contractor when she was defense minister. Her case highlights […]