Rand Report: ZAR faces a long road to recovery

Wakanda News Details

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.

Source: South African News | Online News | The South African

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Zimbabwe: Ecocash Loses Agents Court Challenge Against RBZ

The High Court has thrown out a challenge by EcoCash seeking the restoration of thousands of agent lines terminated without notice by the Reserve Bank of Zimbabwe (RBZ) for suspected illegal forex

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Source: allAfrica.com

COVID-19 means fewer condoms in Zimbabwe

Family planning supplies and contraceptives are sold out or inaccessible as the Zimbabwean government continues to battle

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Source: South Florida Times

COVID-19 delays April inflation stats

THE Zimbabwe National Statistical Agency (ZimStat) says it has delayed the publication of last month’s inflation figures due to the COVID-19-induced lockdown that crippled the data collection

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Another massive crowd invades Volusia –

Six people were injured Saturday night in a shooting near Daytona

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House Leaders Demand Details on PPP Small-Business Loan Program – Voice and Viewpoint

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: Voice and Viewpoint – Voice and Viewpoint Newspaper

House Leaders Demand Details on PPP Small-Business Loan Program | The Crusader Newspaper Group

As June 30 application deadline nears, newer and shorter forgiveness form announced By Charlene Crowell 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

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Source: The Crusader Newspaper Group

Key to the future of work is adaptive management - winning despite uncertainty

In a Forrester study, Invisible resources are the secret weapon for growth, vice president and principal analyst at Forrester, JP Gownder, shows that it is possible to innovate to enable business success, while cutting costs at the same

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Source: TechCentral

WhatsApp gets a raw deal in payments

Facebook CEO Mark Zuckerberg entered the fray two years ago by enabling the popular messaging service WhatsApp to send and receive money in

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Govt hikes fuel 150%, gazettes USD prices

GOVERNMENT has hiked fuel prices by 150% and also formally gazetted US dollar prices in a move that continues to redollarise the market and setting the stage for another wave of price

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Kabuga’s arrest highlights improved France-Rwanda ties

The arrest of the most wanted genocide suspect of the 1994 Genocide against the Tutsi, Félicien Kabuga, 84, in a Paris apartment last week, highlights renewed French commitment to improve relations with Rwanda, long injured by allegations against each other on the

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Virus fight pits South Africa's government against scientists

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Financial market snapshot, May 2020: Updates from South Africa and abroad

(Partner Content) Global markets rebounded in May as more countries began easing their lockdown restrictions, sparking hopes of an economic recovery.

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Source: South African News | Online News | The South African

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

Zimdollar continues to tumble

THE Zimbabwe dollar has devalued further to a new low of $105 against the greenback on the parallel foreign currency market as demand for the United States dollar

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Food, anti-virus supplies for South Africa's vulnerable

The South African government continues to support vulnerable populations with food assistance as the continent’s most impacted nation continues to ease lockdown

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Source: Africanews | Latest breaking news, daily news and African news from Africa

South African places of worship to reopen from June

South Africa’s churches and other places of worship can reopen their doors from June, but will be limited to 50 people, President Cyril Ramaphosa said on Tuesday as coronavirus lockdown rules are further

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Indonesian leader in ‘Trump-like’ fight with governors

But while it is states’ governors and not President Donald Trump who have the final say in imposing and ending lockdowns and “shelter in place” orders in the U.S., in Indonesia, Widodo makes the call, which has the governors of the 34 provinces in the country up in

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Source: South Florida Times

Coronavirus in Africa: 103,875 cases; 3,184 deaths; 41,576 recoveries

There are now more than over 100,000 confirmed cases of coronavirus across the continent, with a number of African countries imposing a range of prevention and containment measures against the spread of the

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Source: Africanews | Latest breaking news, daily news and African news from Africa

Global Black Female Economist Cautiously Examines the Trend of ‘Big Governments Getting Bigger’ – Your Black World

In March, the United States government got a massive, multi-trillion-dollar injection from its central bank (the Federal Reserve) in order to stave off the industrial damage done by major business shutdowns due to

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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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Treasury eyes cheaper money on T-bill rates dip

The Treasury is eyeing cheaper money from the domestic market after interest rate on short-term securities dipped to a seven-year low following increased liquidity in the money market.

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Rwanda: RwandAir Resumes Guangzhou Route With Commercial Cargo

RwandAir, the national carrier, is set to start ferrying commercial freight from the Chinese city of Guangzhou to Kigali, starting this week, the airline announced on

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Source: allAfrica.com

British judge denies Maduro Venezuela's gold in London bank

LONDON, England (AP) A British judge yesterday refused to give Venezuela's Nicolï¿½s Maduro control of nearly US$2 billion in gold sitting in a Bank of England vault because Britain does not recognise the socialist leader as president of the Latin American nation.

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Covid-19 shock dims earnings prospects for EA banks

East Africa’s listed banks have reported either flat or reduced profit for the first three months ended March 31, setting the pace for a year of subdued performance as the Covid-19 pandemic stifles economic

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I will emerge a better player: Nyoni

FORMER Caps United and Highlanders speedy winger Gabriel Nyoni, who now plays for Maritzburg United in South Africa, hopes to emerge from the COVID-19-induced break a better

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

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

Tiwa Savage, Davido, Mr Eazi grace cover of Billboard's special issue on Africa

“The three major-label groups—Universal, Warner and Sony—have all ramped up their investments in Africa in recent years: opening offices, sending A&R scouts to major hubs and forming joint ventures and partnerships,” the feature reads, adding, “[Africa] has also emerged as a particular wellspring

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Gold is set for record highs: Here's the easy way to invest

As the Covid-19 pandemic enters a “new and dangerous phase”, the price of safe haven gold is approaching its highest since 2012 — but one big investment bank thinks the economic response will soon see the yellow metal swell to its highest price

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Watch | Huawei webinar showcases transformation within innovation

The event was led by Liao Yong, president of the Enterprise Business Department, Southern Africa region, at Huawei, who introduced the sheer scale of Huawei’s global

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