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April 09
Zimbabwe: Zimbabwe's New Zig Currency Strengthens On Second Day of Trading
New Zimbabwe
Zimbabwe's new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new… Read more »
April 08
Zimbabwe: ZiG Notes, Coins to Start Circulating On April 30 - RBZ Governor
New Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said the newly introduced currency Zimbabwe Gold (ZiG) notes and coins will begin circulating on April 30. Read more »
Zimbabwe: Reserve Bank Cuts Policy Rate From 130 to 20%, Bets on New Gold Currency
263Chat
The Reserve Bank of Zimbabwe (RBZ) has cut the policy rate to 20 percent from 130 percent previously as it bets on measures to stabilize the newly introduced Zimbabwe Gold (ZiG)… Read more »
Zimbabwe: Zimbabweans Need Restoration of Confidence in Economy, Not a New Currency - Rights Group
New Zimbabwe
RIGHTS group ActionAid has slammed the recent launch of the new structured currency, Zimbabwe Gold (ZiG) saying the nation needs restoration of confidence in the economy, not a new… Read more »
April 07
West Africa: Conditions 'Ripe' for Replacement of Colonialist CFA Franc [analysis]
The Conversation Africa
At no point in history has the CFA franc - the name of a colonial currency used in west and central African countries belonging to the franc zone - been closer to its demise. Read more »
April 04
Namibia: Rising Fuel Can Flame Inflation
New Era
Figures from the mines and energy ministry show that during March 2024, global petrol prices increased by 2.7% while international prices for diesel 50ppm decreased by 2.64% ,and… Read more »
Namibia: Bon Launches Modified N$100 Note
Namibian
The Bank of Namibia (BoN) has launched a modified N$100 note that now bears the signature of governor Johannes !Gawaxab. Read more »
April 03
Seychelles: The Netherlands and Seychelles to Work Closely On Fighting Cryptocurrency Crimes
Seychelles News Agency
The Netherlands and Seychelles will work closely on fighting cryptocurrency crimes and a mission from the northwestern European country is expected in the island nation this year,… Read more »
April 02
Liberia: Central Bank of Liberia Sets May 15 As New Cut Off Time for Replacement of Old Banknotes
FrontPageAfrica
The Central Bank of Liberia (CBL) has announced an extension of the deadline for the currency exchange exercise, providing relief for citizens who have yet to exchange their old… Read more »
April 01
Nigeria: Naira Gained N350 in March, Biggest in 5 Years
Daily Trust
ABCON attributes stability to BDCs Read more »
Liberia: CBL's Second Thought Is Welcoming [editorial]
New Dawn
Following our editorial of Friday, March 28, 2024, captioned "CBL brought the panic on Liberians," the NEW DAWN has gathered reliably that authorities of the Central Bank of… Read more »
March 28
Nigeria: Explainer - Is Binance Exit From Nigeria a 'Blessing' to Naira? [analysis]
Daily Trust
Binance is a cryptocurrency exchange platform founded in 2017 by Chinese-Canadian developer, Changpeng Zhao (aka CZ). Read more »
March 27
Nigeria: Exchange Rate - Marketers Deny Downward Adjustment in Petrol Pump Price
Leadership
Petroleum product marketers and other operators in the downstream sector, have denied speculations that pump price of petrol at depot facilities have been adjusted downwards. Read more »
March 25
Zimbabwe: Opposition MDC Proposes Dollarization Amidst Economic Uncertainty
263Chat
Opposition Movement for Democratic Change (MDC) shadow Minister of Finance, Tapiwa Mashakada has advocated for the adoption of full dollarization in the country's economic… Read more »
March 24
Liberia: Accept the Old Money As Legal Tender
New Dawn
Amid confusion over the legality of the old Liberian banknotes, which is impeding daily market transactions, the Central Bank of Liberia calls on the public to accept the old… Read more »
Tanzania: Hotels Given Green Light to Engage in Currency Exchange Business
Daily News
The Bank of Tanzania (BOT) has called upon all tourist hotels in the county, ranked three-stars and above, to open up bureau de change or foreign exchange windows to bring the… Read more »
March 22
Nigeria: Naira Gains 10 Percent to N1,382/$ After CBN Clears Forex Backlog
Leadership
Following the clearing of all valid foreign exchange backlogs by the Central Bank of Nigeria (CBN) on Wednesday, and increased inflow at the Nigeria Autonomous Foreign Exchange… Read more »
March 20
Nigeria: Central Bank Clears All 'Valid' Forex Backlog
Premium Times
The CBN recently completed the payment of $1.5 billion Read more »
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