The Reserve Bank of Malawi has introduced a 2,000 kwacha note in a move that seeks to ease cash shortages. Read more »
Long queues have worsened at banks after the Reserve Bank of Zimbabwe launched a campaign to educate the market on bond notes. Read more »
President Robert Mugabe has side-stepped parliament to issue a decree clearing the way for the introduction of bond notes that are meant to ease biting cash shortages that have ... Read more »
This follows a serious cash crisis which has worsened gradually since the country abandoned the local currency. Read more »
The banknotes are being distributed to commercial banks and other financial institutions across the country. Read more »
The country has run out of U.S. dollars and hopes to ease the cash crunch by printing bond notes. Read more »
The Constitutional Court has described the contestation as premature and speculative and asked the plaitiff to wait until the notes were introduced before pointing out the alleged ... Read more »
The Central Bank of Nigeria has suspended nine banks from trading foreign currency after U.S.$2 billion was not paid to the government. Read more »
The currency lost 29% of its value after the Central Bank launched the new foreign exchange policy. Read more »
The country has been cautioned that it is overly dependent on China's economy for its ambitious industrialisation drive. Read more »
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