Despite Crackdown, Zimbabwe's Gold-Backed Currency Is Crumbling Too, Just Four Months Later
New Zimbabwe
A 35-year-old security guard in Zimbabwe, Ezekiel Chiradza, was arrested on Monday on allegations that he insulted President Emmerson Mnangagwa and undermined the Zimbabwe Gold… Read more »
Floating Exchange Rates - What's Next?
Ethiopian Herald
Ethiopia had been under a state-led economy in which the government had a tight control over the economy including currency exchanges.The national currency, Birr, has been… Read more »
Crypto Expert Cautions On Celebrity Endorsements, Promises of Quick Riches
Vanguard
Alternative finance and cryptocurrency expert, Rume Ophi, has warned Nigerians against being swayed by celebrity endorsements or promises of quick riches. Read more »
Bitcoin's Path to $190k - The Role of Stablecoins in 2024
Daily Trust
In 2024, the cryptocurrency market is abuzz with predictions of Bitcoin reaching a staggering $190,000. This potential surge is fueled by various factors, including macroeconomic… Read more »
Nigeria, China Move to Revive Local Currency Swap
Vanguard
-- As China backs Nigeria's geographical, development advantage in West Africa Read more »
RBZ Puts Two More Pillars to Stabilise ZiG Currency
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has erected two more structures, which will work towards stabilising the new Zimbabwe Gold (ZiG) currency. Read more »
Some Causes, Effects of Inflation, Possible Way Outs
Ethiopian Herald
Economists broadly define inflation as the rising of price that causes the slow but a steady loss of purchasing power. This is reflected in a wide increase in prices of goods and… Read more »
Impact of Monetary Policy Rate On Open Market Operations
Times of Zambia
THE Bank of Zambia (BoZ) has the policy mandate of assessing and achieving a stable rise in Gross Domestic Product (GDP), keeping unemployment low and maintaining the exchange rate… Read more »
Zimbabwe Inflation Surges As New Gold-Backed Currency Faces Challenges
Daba Finance
TLDR Read more »
Letter Circulated On Social Media Claiming Ethiopia to Introduce New Currency Notes Is Fake
ENA
A fake letter allegedly written by the Office of the Prime Minister (PMO) and circulated on social media, claiming that Ethiopia will introduce new Ethiopian Birr notes next month… Read more »
After Ditching the Dollar, Zimbabwe Now Rushing for It At a Steeper Cost
New Zimbabwe
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground. Read more »
Debunking Misinformation - Will the RBZ Convert Diaspora Remittances to ZIG?
263Chat
Last week, Reserve Bank of Zimbabwe (RBZ) Deputy Director William Mamhimanzi caused an uproar when he said the bank should convert diaspora remittances to the local ZiG currency. Read more »
Upper House Debates Reviving Somali Currency and Printing New Banknotes
Radio Dalsan
On Monday, Somalia's Upper House convened its regular session with a sharp focus on the future of the Somali shilling and the urgent need to print new banknotes. Read more »
How Domestic Dollar Bond Will Impact Nigerian Economy - Prof Uwaleke [interview]
Daily Trust
Uche Uwaleke is a professor of capital market at the Nasarawa State University, Keffi and President of Capital Market Academics of Nigeria. In this interview, he explains the… Read more »
Fell Slightly in July
AIM
The average level of prices in Mozambican cities fell by 0.05 per cent in July, according to the latest figures released by the National Statistics Institute (INE). Read more »
