Taxation in Africa: How it works?

While most African countries continue to struggle with large fiscal deficits and sluggish growth in tax revenue, tax experts are finding loopholes, which have hindered most countries from sufficient revenue. According to the International Tax and Development Centre, some of the most pertinent tax issues in the continent are under-taxation of mining, the incomes of Africa's new rich and exploitation of the rural poor through informal taxation. Professor Mick Moore, Political Economist and CEO at the International Centre for Tax and Development joins CNBC Africa for more.