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Stock Market / Finance in Congo Brazzaville

  • Bitcoin just started trading on the world’s biggest exchange

    AFGHANISTAN, 2017/12/19 Bitcoin futures started trading Sunday night at CME Group Inc.’s venue, a week next Chicago rival Cboe World Markets Inc. introduced similar derivatives on the volatile cryptocurrency. CME is a much bigger player in futures, so a lot of traders expected it to make a bigger splash in the nascent space. CME got off to a faster start with additional efficient pricing. Its most-active arrangement changed hands 221 times in the initial hour versus 570 during Cboe’s debut. But that’s a win because CME’s contracts are five times additional precious — they’re tied to five bitcoins compared with only one with Cboe’s futures.
  • 2014, Brazzaville tax revenues estimate will rise

    CONGO BRAZZAVILLE, 2013/12/23 Congo has mapped out plans to increase its tax receipts in 2014, the Director General of Taxation in Congolese Ministry of Finance and Economy, Antoine Ngakosso, revealed here Friday. 'Effective January 2014, tax revenues estimate will rise from 560.5 to 650 billion CFA francs, which is equivalent to an increase of 89.5 billion CFA francs,' Ngakosso told reporters in Brazzaville, the Congolese capital. The tax department in Pointe-Noire, the major economic and industrial city of the country, has been ranked initial in the collection of taxes.