Category: Radarr Africa

Uganda’s central bank weighs issuance of digital currency

By Radarr Africa Bank of Uganda has not banned cryptocurrencies but has concerns about the risk from the technology, uganda’s central bank is currently doing preliminary studies on whether or not a central bank digital currency should be considered and especially explore what policy objectives it would address,” Andrew Kawere, the bank’s director for national […]

“Removing Tax on petroleum products will reduce Government revenues by some four billion cedis” President Akufo-Addo

By Radarr Africa President Akufo-Addo said the Government was currently confronted by very tight financing conditions, in the wake of inadequate domestic revenue mobilization. “Indeed, some of the revenues from these same taxes on petroleum products is what is used to pay some of the salaries of some of the 700,000 public sector workers on […]