Cameroon Continues To Pay Colonial Taxes To Colonial Master France

Coopération France - Cameroun (2)

According to the Panafrican Channel Vox Africa, till date, France is still insisting that African countries including Cameroon continue to pay 'Colonial Taxes' to them. 

In other word, there are many African countries that pay huge sums of money into the French Colonial master's coffers, for the simple fact that these Francophone African countries remain indebted to France for colonizing them.

These Colonial Taxes is still being paid, despite the independence of African nations. Today, 13 African Francophone communities including Equatorial Guinea are forced by France to put in 85% of their reserves into the Central Bank of France.

These African countries who are forced to pay Colonial Taxes and put in 85% of their reserves into the Central Bank of France are none other than 'Chief Slave Cameroon', Burkina Faso, Guinea Bissau, Ivory Coast, Mali, Senegal, Benin, Togo, Central African Republic, Chad, Congo Brazzaville, Equatorial Guinea and Gabon

France authorizes these countries to withdraw only  15% of their money from their banks, and if they want more, they are forced to borrow oh high commercial interest rates, which have grave consequences on them, because they are inciting the African people to revolt against them for exploiting them.

It is so disheartening that these countries continue to pledge their allegiance to France whose sole intention is to continuously exploit their human and material resources, for their selfish interest. The earlier they start rebelling against France to obtain TOTAL FREEDOM, the better for their citizens who suffer the consequences of such useless ties.


Disclaimer: The contents of this website are for general information purposes only. They do not constitute our legal or professional advice. Readers are advised not to act on the basis of the information contained herein alone. Every situation depends on its own facts and circumstances. We accept no responsibility for any loss or damage of whatsoever nature which may arise from reliance on any of the information published herein without consulting a professional legal practitioner.

Slider Parnert

What Are the Benefits and Reasons For Registering a Business?
While at face value it seems registering a company is not a necessity, years of research has proven that it is indeed important.
In fact, your success in business may actually depend on it.

Chat with WhatsApp

Expert Company Registration!

avatar
Henriette Thatcher's Lounge Online
Welcome To Henriette Thatcher's Lounge, The Gist Palace For You, About You, For Me, About Me, For Them, About Them and For Us, About Us All. Our World, Our Way, By Us and For Us! Social Media Manager
Chat with WhatsApp