Unlike the old generation coins that had portraits of former presidents Jomo Kenyatta and Daniel arap Moi, the new legal tender features the country's rich wildlife heritage. They ... 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 »
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 »
According to Statistics South Africa, the country has entered a technical recession due to a fall-off in activity in the agriculture, transport, trade, government and manufacturing ... Read more »
During a meeting of the Ecowas parliament this week in Abuja, the department of economic affairs and agriculture in the Ecowas Commission called for the expedited implementation of ... Read more »
Zimbabwe's newly launched gold-backed currency, the Zimbabwe Gold (ZiG), has shown promise in its first week of trading, appreciating by 1.1 percent against the U.S. dollar amidst ... Read more »
Ghana has, as part of its Extended Credit Facility programme with the International Monetary Fund (IMF), reached an agreement with its Official Creditors under the G20 Common ... Read more »
The Supreme Court in a review of an earlier ruling, has now ruled on Wednesday, November 29, 2023 that both the old and the redesigned Naira banknotes remain valid legal tender in ... Read more »
The Kenyan government has suspended all activities associated with the cryptocurrency project WorldCoin in Kenya until risks to the public are assessed, Capital FM repor Read more »
President Muhammadu Buhari has directed the country's central bank to release old 200 naira banknotes back into circulation, to run concurrently with the new ones until April 10, ... Read more »
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