In it's latest step towards restoring the domestic currency, the Reserve Bank of Zimbabwe has announced that new $2 Zimbabwe dollar coins will go into circulation on November 11 ... Read more »
The rand has made strong gains against the dollar after avoiding a "junk status" credit rating from Moody's Investors Service. The Baa3 rating - the lowest category in the ... Read more »
The Reserve Bank of Zimbabwe says only 50 companies operating in Zimbabwe are holding half of the total balances held across the country's banking sector, posing a high risk of ... Read more »
This comes after the bread price had been continuously going up since 2018 due to a shortage of wheat and foreign currency. Zimbabweans can barely keep pace with the price ... Read more »
According to a survey carried out by industrial psychology consultants, titled Employee Spending Patterns Survey Report, 80% of Zimbabweans neither have savings nor an emergency ... Read more »
Paxful has launched a mobile wallet app, the first of its kind in the peer-to-peer bitcoin trading space, to ease transactions of the cryptocurrency in Kenya. Interest in bitcoin ... Read more »
The inflation-ravaged dollar has been collapsing against the greenback since it was declared the sole legal tender in June, as confidence in the local currency hits rock bottom. ... Read more »
President George Weah has written to the country's lawmakers, requesting them to approve the printing of new Liberian banknotes which he says will be infused into the economy. Read more »
The central bank's introduction of new notes was an effort to disrupt the multibillion counterfeit currency business, however, the move by fraudsters to quickly replicate the ... Read more »
Zimbabwe's banking sector is skating on thin ice as the financial sector begins to reform, with the country waiting for the introduction of a new Zimbabwe dollar note. Meanwhile, ... Read more »
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