Zimbabwe’s new Central Banker tasked to fix 77% currency… Mercy Aboagye Apr 5, 2024 0 John Mushayavanhu, Zimbabwe’s new central bank governor, has a gargantuan task ahead of him: restore credibility to…
Bank of Ghana urges public to handle currency well to… Mercy Aboagye Mar 22, 2024 0 The Bank of Ghana (BoG) has urged the public to ensure proper handling of the country’s currency to enhance…
Battered Zimbabwe currency falls past 20,000 per dollar in… Mercy Aboagye Mar 22, 2024 0 In less than two months, the Zimbabwean dollar has breached another significant threshold, dropping below 20,000…
Africa seems to be embracing the Russian currency at the… Mercy Aboagye Mar 12, 2024 0 Using currencies outside of the dollar for international trade is fast catching on. Russia, and organizations…
Zambia to hike again to support bruised currency Mercy Aboagye Feb 14, 2024 0 Zambia’s central bank is poised to raise interest rates for the fifth consecutive time to contain inflation and…
Zimbabwe’s Government considers using gold to back its… Mercy Aboagye Feb 12, 2024 0 Zimbabwe may back its currency with gold in an effort to end exchange-rate instability, Finance Minister Mthuli…
Zimbabwe considers yet another plan to rescue sinking local… Mercy Aboagye Feb 8, 2024 0 Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its…
Zimbabwe’s inflation surges following local currency rout Mercy Aboagye Jan 29, 2024 0 Inflation in Zimbabwe surged as a currency rout pushed up the prices of goods and services, adding to pressure on…
OSP busts US$40 million fake currency syndicate in Greater… Mercy Aboagye Dec 18, 2023 0 The Office of the Special Prosecutor (OSP), has unveiled a counterfeiting syndicate operating in Accra…
Zambian inflation hits 20-month high as currency at record… Mercy Aboagye Nov 30, 2023 0 Zambian inflation accelerated to a 20-month high in November as a slump in the value of the kwacha raised the cost…
BoG implements unification of cash reserve ratio for local… Mercy Aboagye Nov 27, 2023 0 In a significant move, the Central Bank has announced the unification of the Cash Reserve Ratio for both foreign…