Countries American, Russian arrested in Zambia with boxes of Malawian bills Lusaka – An American and a Russian are on bail in Zambia after being arrested trying to fly out crates... Read more 26 Jul, 2024
Business Little joy for Zimbabweans as new currency starts circulating Harare — Zimbabwe’s new gold-backed currency started circulating on Tuesday amid government hopes it could help stabilise the economy... Read more 1 May, 2024
Business Zimbabwe’s new currency suffers chaotic start Harare – Zimbabwe’s new gold-backed currency got off to a chaotic start with shops accepting only US dollars on... Read more 10 Apr, 2024
Business Zimbabwe launches new gold-backed currency – central bank Harare – Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to... Read more 5 Apr, 2024
Business African nations grapple with debt, spending pressures, and currency Crisis African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help... Read more 1 Feb, 2024
Business Rand closes the week strongly against the dollar Cape Town — The rand ended the week strongly against the US dollar, after data showed that producer prices... Read more 13 Jan, 2024
Countries Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know Christopher Adam, University of Oxford The high cost of making cross border payments on the African continent has driven... Read more 29 Nov, 2023
Business SARB, NT, and FCSA working to table law to prevent currency manipulation Cape Town — The South African Reserve Bank (SARB), National Treasury (NT), and the Financial Sector Court Authority (FSCA),... Read more 25 Nov, 2023
Technology EU to take one giant leap towards digital euro Brussels — The EU will take the next crucial step on Wednesday towards launching a digital version of the... Read more 28 Jun, 2023
Business Night-time shopping booms as Zimbabwe inflation soars Harare – After the sun sets in Harare, the streets of Zimbabwe’s capital suddenly burst to life. Carts, cars and... Read more 30 May, 2023