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To beat inflation: resist populism, press for growth - Trinidad and Tobago Newsday
kmmpub@gmail.com Higher prices are here to stay. Instead of wringing our hands, or being tempted by populism, small, open countries like ours need rapidly to double down on growth. Caribbean countries, and especially Trinidad and Tobago, import almost everything we consume. What little we m
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Source: Home - Trinidad and Tobago Newsday
Rwanda: Central Bank Reinstates Mobile Money Charges
After three months of free mobile money transactions, charges will be reinstated on Monday 22nd June according to an announcement by the Central
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Source: allAfrica.com
Zimbabwe suspends mobile money services, claiming 'economic sabotage'
Image: GCIS
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Source: TechCentral
'Half a decade of lost output': The grim toll on SA of Covid-19
South Africa stands to lose five years of potential economic output due to the shock from the coronavirus pandemic and measures to curb its spread, according to the Reserve
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Source: TechCentral
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Zim move to pay civil servants USD allowances is 'crazy' - MPC member
The Zimbabwean government's move to pay its workers US dollar-denominated allowances as the southern African country struggles to stabilise its local currency has been described as "crazy" by an economist and member of the central bank's monetary policy
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Source: https://www.news24.com
Less money for South Asia families as workers in the Gulf face coronavirus cuts | Afro
In the last few decades, millions of unskilled workers from South Asia have migrated to Gulf countries due to limited opportunities at
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Source: Afro | The Black Media Authority
Sponsored by Center for Critical Race and Digital Studies
Forex reserves swell to four-month high on IMF Sh79bn injection
Forex reserves swell to four-month high on IMF Sh79bn injection
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Source: Business Daily
Sponsored by Center for Critical Race and Digital Studies
Reserve Bank maintains policy rate - The Zimbabwe Independent
BY TATIRA ZWINOIRA THE central bank maintained its policy and overnight accommodation rates yesterday, saying this was important to contain inflationary pressures and tie down money supply growth. Yesterday’s move to maintain rates came a week after Finance minister Mthuli Ncube largely kept
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Source: The Zimbabwe Independent - The Leading Business Weekly
Zimbabwe: Inefficient Foreign Exchange Market Costing Zim Billions
The major reasons why Zimbabwe suffers from foreign currency shortages can be traced back to a lack of confidence (trust) in financial institutions, especially the country's apex bank, repressive exchange control regulations and an inefficient foreign exchange market that does not give fair value
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Source: allAfrica.com
House leaders demand details on PPP –
As the remaining days dwindle for small businesses to apply for loans through the federal Paycheck Protection Program (PPP), both banks and federal officials are being challenged by several House leaders to explain how the $670 billion program intended to aid the nation’s small businesses has
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Source: Florida Courier
RBZ shames listed milling giant, Natfoods, others over foreign currency facility abuse - NewsDay Zimbabwe
By Staff Reporter Eighteen entities including the listed milling giant, National Foods, will face penalties from the Reserve Bank of Zimbabwe (RBZ) The post RBZ shames listed milling giant, Natfoods, others over foreign currency facility abuse appeared first on NewsDay Zimbabwe.
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Texas Southern University Marching Band Performs Yeat's 'Bigger Then Everything' - Blavity
The Texas Southern University marching band performed Yeat's 2023 song, 'Bigger Thën Everything,' in a video circulated on social media. Over the weekend, music and HBCU fans expressed their shock after watching the moment online. 'Making No Jumper is crazy. yall wouldn't understand if you
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Source: Blavity News
CBK forex reserves drop by Sh51bn
Latest CBK data shows the reserves fell from $ 9.336 billion (Sh1.01 trillion) at the beginning of last month to $ 8.865 billion (Sh960.08 billion) by September 3.
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Source: Business Daily
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Bitt globally awarded as Central Bank Digital Currency Partner | The Bajan Reporter
For its work on the DCash pilot, global fintech company, Bitt, was awarded as the 2021 Central Bank Digital Currency Partner by the industry's leading information resource - Central Banking Publications. The announcement came during the virtual Central Banking FinTech and RegTech Global Awards
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Source: The Bajan Reporter | Web’s Eye View of Barbados in the Caribbean
Breaking: Govt suspends Ecocash, and other mobile money platforms
Zimbabwe government has with immediate effect,suspended Ecocash and all other Mobile Money Transfer platforms in a desperate bid to curb the US dollar exchange rates which have continued to rise above the government’s gazetted inter-bank
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Sponsored by National Black MBA Association (NBMBAA) Boston Professional Chapter
South Africa looks to green infrastructure bond to spur growth
Government is considering selling a green infrastructure bond worth tens of billions of rand as part of its biggest drive ever to kick-start private investment in projects ranging from energy to water
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Source: TechCentral
Zimbabwe: RBZ Dumps Gono's Failed Jatropha Project
[New Zimbabwe] THE Reserve Bank of Zimbabwe (RBZ) has finally given up on former Governor Gideon Gono's Jatropha Biodiesel experiment.
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Source: allAfrica.com
Coronavirus Update: D.L. Hughley Tests Positive for Covid-19
Officials in parts of southern states including Florida, South Carolina, Georgia and Texas are discovering a shift in the age of people testing positive for
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Source: Black America Web
Rwanda: Return of Rwandan Skulls From Germany Will Reach Crucial Stage Early Next Year
[New Times] Researchers are expected to reach key steps in the process of restitution of human skulls taken from Rwanda to Germany during the colonial era (1898 to 1916).
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Source: allAfrica.com
BODO: Kenya needs a much larger economic stimulus package
The kazi-kwa-vijana is a programme that largely fulfills John Keynes’ prophesy: in bad economic times, a government might as well bury banknotes in jars underground, then employ thousands of (young) people to dig them
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Source: Business Daily
Judge Kenyatta faults RBM for suing wrong defendant | Malawi 24 - Malawi news
Judge Kenyatta Nyirenda has faulted the Reserve Bank of Malawi (RBM) for naming wrong defendant in the case in which the bank wants to be allowed to award contracts to a foreign-owned firm. In a civil case number 13 of 2021, the bank sued Sparc Systems Ltd and wanted the High Court to set aside
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Source: Malawi 24 | Malawi news
Somalia to Print New Currency - Somalia's Central Bank Governor
[Dalsan Radio] Somalia is planning to print new currency in the coming months, the central bank governor Abdirahman Mohamed Abdullahi has said.
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Source: allAfrica.com
Bank of England says sorry for slave links as UK faces past
LONDON (AP) — The Bank of England has apologized for the slave links some of its past governors had with slavery, as a global anti-racism movement sparked by the death of George Floyd forces many British institutions to confront uncomfortable truths about their
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Source: Black News Channel - Black News Channel
Nelson African American Cemetery to be restored - Marshall Democrat-News
Just off Highway H, along a gravel road outside of Nelson, lies a treasure trove of history.
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Source: https://wschronicle.com
Gloomy picture for Trinidad and Tobago’s economy - Voice Online
THE CENTRAL Bank of Trinidad and Tobago (CBTT) says the coronavirus has affected all aspects... The post Gloomy picture for Trinidad and Tobago’s economy appeared first on Voice Online.
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Source: Britain's Favourite Black Newspaper - Voice Online
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Business gives Ramaphosa's plan to reopen economy the thumbs up
Image: GCIS
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Source: TechCentral
SA seeks R1.5-trillion for decade-long infrastructure boom
Digital infrastructure forms part of the infrastructure investment plan
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Source: TechCentral
Sponsored by Center for Critical Race and Digital Studies
Mboweni warns of debt crisis as he prepares to slash spending
Image c/o the department of international relations cooperation
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Source: TechCentral
Rand Report: ZAR faces a long road to recovery
(Partner Content) Despite a historic contraction of the GDP for the second quarter, the rand gained through the last week on the back of positive risk sentiment.
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Source: South African News | Online News | The South African
Sponsored by Massachusetts Black Lawyers Association (MBLA)
Zimbabwe: RBZ Confirms Mobile Money Ban but Keeps Platforms Open for Small Transactions
[New Zimbabwe] THE Reserve Bank of Zimbabwe (RBZ) Saturday confirmed its unpopular suspension on all mobile money transfer platforms in respect of transactions above $5 000.
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Source: allAfrica.com
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