Kenya’s central bank chief says currency overvalued
Nairobi – Kenya’s central bank chief has said that the country’s currency, currently trading at record lows, has been... Read more
25 Oct, 2023
Burundi reopens forex bureaux after two-year closure
Nairobi – Burundi’s central bank announced on Friday the reopening of foreign exchange offices after a closure of more... Read more
8 Oct, 2022
Egypt currency near record low
Cairo – The Egyptian pound plunged on Monday to a near all-time low of more than 19 to the... Read more
2 Aug, 2022
South Africa central bank raises key rate to 5.5%
Johannesburg – South Africa’s central bank raised its benchmark interest rate by three-quarters of a percentage point to 5.5%... Read more
21 Jul, 2022
SA financial watchdog warns public against doing business with forex trader Themba ‘Grootman’ Selahle
Cape Town – The Financial Sector Conduct Authority (FSCA) has warned the public against doing business with popular media... Read more
21 Jul, 2022
Zimbabweans queue for cash for Christmas
Harare – Thousands of Zimbabweans were queuing at banks and currency exchange points across the country on Thursday, some of... Read more
23 Dec, 2021
South Africa’s ‘youngest millionaire’ arrested over fraud allegations
Johannesburg – High-flying cryptocurrency trader and self-proclaimed millionaire Sandile Shezi has been arrested on allegations of fraud. Reports indicated... Read more
21 Oct, 2021
Zimbabwe freezes dozens of bank accounts over forex peddling
Johannesburg – Zimbabwe’s central bank has frozen the bank accounts of 30 individuals accused of illicitly exchanging foreign currency through... Read more
29 Sep, 2021
