Ecowas Calls for Swift Implementation of Single Currency Program
Foroyaa
The Economic Affairs and Agriculture Department of the ECOWAS Commission has called for the expedited implementation of the single currency program. Read more »
Shilling Loses Ground Against Major Currencies Amid Demos, Moody's Downgrade
Capital FM
The Kenyan shilling has slipped against various global currencies, coming on the back of ongoing youth-led demonstrations and the country's downgraded rating by global rating… Read more »
ZiG 'Crisis' a Recipe for Disaster- - Opposition Raises Worry Over New Currency Scarcity
New Zimbabwe
OPPOSITION Labour Economists and Afrikan Democrats (LEAD) has flagged the scarcity and lack of confidence surrounding the newly introduced Zimbabwe Gold (ZiG) currency. Read more »
Fitch Solutions Projects Positive Outlook for Ghana Cedi
Ghanaian Times
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. Read more »
RBZ Changes ZiG Currency Code to ZWG As International Standards Organisation Approves Certification
New Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) says the Zimbabwe Gold (ZiG) currency code will be changed to ZWG following approval by the International Standards Organisation (ISO) to… Read more »
Rising Costs of Locally Produced Food Drive Ghana's Food Inflation
Accra Times
Data from the Ghana Statistical Service shows that locally produced food contribute more to inflation than imported counterpart. Read more »
Shilling Slips Against Major Currencies in the Wake of Gen Z-Led Protests
Capital FM
NAIROBI, Kenya, Jul 18 - The Kenyan shilling has slipped against various major currencies, a development attributed to the ongoing youth-led demonstrations and the country's… Read more »
USD Surpasses 2k Sudanese Pound Mark in Parallel Market
Dabanga
The value of the Sudanese Pound (SDG) against foreign currencies continues to deteriorate rapidly. On Wednesday, the US Dollar exchange rate in the parallel market surged to… Read more »
Banknote and Coin Manufacturing Expenses Up to Tnd 3.9 Million
Tunis Afrique Presse
Banknote and coin manufacturing expenses totalled TND 3.9 million at the close of the 2023 financial year, compared with TND 22.4 million the previous year. Read more »
Banknotes and Coins in Circulation Up 10.7 Percent in 2023 (Bct Report)
Tunis Afrique Presse
The level of banknotes and coins in circulation has been on the rise for several years, recording an annual increase of 10.7% to TND 20.842 million in 2023, compared with TND… Read more »
Kenya Ranked Sixth Crypto-Friendly Country in Africa
Capital FM
Kenya has been ranked the sixth-most crypto-friendly country in Africa, with 5.1 percent of the population holding crypto. Read more »
Cedi Appreciates Marginally On the Back of IMF Board Approval
Accra Times
Cedi makes some gains on the first day of trading after Ghana secured an IMF Board approval for disbursement of the third tranche Read more »
Naira Abuse and EFCC's Two-Faced Justice
This Day
Many Nigerians were shocked last Tuesday when Justice Kehinde Ogundare of the Federal High Court sitting in Lagos struck out the charge of naira abuse filed against celebrity… Read more »
After Introducing a New Currency, Zimbabwe's Central Bank Projects 5% Annual Inflation By Year-End
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has projected annual inflation to recede to just 5% by year-end on the back of the stable Zimbabwe Gold (ZiG) currency and exchange rate… Read more »
Manufacturers, Tuckshops Alliance Sabotaging Zig [editorial]
The Herald
The advance of the ZiG, which has maintained its value in the almost three months since its launch, is being slowed by the reluctance of some manufacturers to accept it, and the… Read more »