President Salva Kiir has dismissed Central Bank governor Jamal Wani at a time when the economy is ailing. He has been replaced by former governor Dier Tong. The president did not ... Read more »
The Zimbabwean government has, for a prolonged period, been engaged in a losing battle to stem illegal foreign exchange market activities. President Emmerson Mnangagwa's government ... Read more »
More than 2,600 records obtained by BuzzFeed News and shared with the International Consortium of Investigative Journalists show that banks, money transfer companies and other ... Read more »
Zimbabwe, like other African countries, is trying a phased re-opening of schools after closing in March due to the novel coronavirus outbreak, but many teachers are refusing to ... Read more »
The government has released new currency notes with enhanced security features that should make them harder to counterfeit, according to business lecturer at Addis Ababa ... Read more »
While Nigeria's Securities and Exchange Commission turns its attention to regulating digital currency and crypto-based companies, other African countries, including South Africa, ... Read more »
The Sudanese government has reactived an economic state of emergency. In a press briefing, Finance Minister Dr Hiba Ahmed Ali said that the "insane" rise in price of the US dollar ... Read more »
The Reserve Bank of Zimbabwe has conducted its second foreign currency auction as it aims to promote transparency and efficiency in the foreign currency market. However, the latest ... Read more »
Under pressure from a plunging currency and a worsening economic crisis, President Emmerson Mnangagwa's government restricted almost all mobile-money transactions in a country ... Read more »
A High Court in Zimbabwe has set aside a central bank exchange control directive which had unilaterally ordered the conversion of U.S. dollar bank account balances into Zimbabwe ... Read more »
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