Zambia: Marijuana Industrialization Program to Finance the Debt?

By CommoditiesNo Comments

Zambia is suffering a severe hangover from its decade long commodity boom, as mounting debt and energy shortages are crippling the once vibrant economy. Zambia has seen a decrease in GDP growth from an average of 7.4% from 2004-2014 to barely 3% for 2016. This figure is only slightly above population growth. When annual inflation is added – which despite having decreased from 22.9% in January to only 8.8% in November – it reveals that the livelihoods of Zambians are actually regressing. This slowdown has affected the government’s bottom line, as Zambia’s national debt continues to pile up.

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First African International Financial Centre: Mauritius Is A CredibleTransparent and Cooperative Financial Hub

By Investment & Private EquityNo Comments

The Mauritius International Financial Centre is a jurisdiction of repute and is among the first countries to have signed, in June 2015, ‘The Multilateral Convention on Mutual Administrative Assistance in Tax matters of the Organisation for Economic Cooperation and Development (OECD). This approach translated into action with the objective of the Government of Mauritius to develop the country into an International Financial Centre of repute, substance and excellence.

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