Tuesday 13 November 2018
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newzimbabwe - 4 days ago

NEW TAX EVOKES 2008: You can see expensive Bugattis in the streets, but most Zimbabweans hustle for a dollar

By Bloomberg News When Zimbabwean President Emmerson Mnangagwa appointed a comparatively youthful, Cambridge-trained economist as finance minister in September, he gave him an almost impossible task: repay billions of dollars in debt and ignite a stagnating economy. Mthuli Ncube, 55, quickly moved to impose a two percent tax on electronic transactions in a bid to The post NEW TAX EVOKES 2008: You can see expensive Bugattis in the streets, but most Zimbabweans hustle for a dollar appeared first on NewZimbabwe.com.

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