IMF in 'radical' bank tax plan

Banks and other financial institutions face paying two new taxes to fund future bail-outs, the BBC has learned.

The global proposals by the International Monetary Fund (IMF) are "more radical" than most had anticipated.

All institutions would pay a bank levy - initially at a flat-rate - and also face a further tax on profits and pay.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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