The Central Bank of Nigeria says it has ended the sales of foreign exchange (forex) to bureau de change operators, saying the parallel market has become a conduit for illicit forex ... Read more »
Cryptocurrencies make headlines for shaking up the financial world, but they are also gaining ground in less developed countries. In Kenya, an American economist, who introduced ... Read more »
The increasing use of crypto assets, including Bitcoin, has led regulators to take steps towards bringing them under South African regulation, providing investors with protection ... Read more »
A few companies have begun showcasing capabilities of a blockchain (a growing list of records, called blocks, that are linked together using cryptography) to various African ... Read more »
There are growing fears that earnings from tobacco, which remains touted as the country's second single largest foreign currency earner after gold's net export proceeds, might be ... Read more »
President Emmerson Mnangagwa's government has admitted the Zimbabwe dollar has indeed collapsed, adding it was not helping in procuring passport production material which have seen ... Read more »
Chaos characterised the reopening of schools for non-examination classes in rural Zimbabwe, with learners not turning up at most schools, possibly assuming that teachers heeded ... Read more »
The Supreme Court has overturned a High Court decision that set aside a central bank exchange control directive which had unilaterally ordered conversion of U.S. dollar bank acco Read more »
The Central Bank of Nigeria has been warning citizens since 2018 of the risks associated with investing in cryptocurrency, which is not considered legal tender in the country. The ... Read more »
The Zimbabwe Domestic and Allied Workers Union has criticised the workers' U.S.$10 per month salary, describing it as a "slave-like" situation. President Emmerson Mnangagwa's ... Read more »
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