Zimbabwe power utility approves payment of bills in U.S. dollars | Fin24

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Zimbabwe power utility approves payment of bills in U.S. dollars | Fin24

In an effort to bring consumers in Zimbabwe more "convenience", the state power utility is allowing people to pay their bills in foreign currency

Source: https://www.news24.com

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Zimbabwe: Business Sector Studies High Court Ruling

The business sector has said it is still looking into the implications of the recent High Court ruling, which declared unconstitutional a Reserve Bank of Zimbabwe (RBZ) exchange control directive 'mutating' money held in foreign currency accounts into Zimbabwe dollar-denominated

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Source: allAfrica.com

Dual-listed counters to remain suspended

BY TATIRA ZWINOIRA THE Zimbabwe Stock Exchange (ZSE), in consultation with Treasury, has advised dual-listed firms to move their listings to the Victoria Falls Stock Exchange (VFEX) to avoid possible manipulation of exchange rates, it has been revealed. On June 28, 2020, the Finance ministry banned

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Zimbabwe: Govt to Pay Artisanal Gold Miners 100 Percent in Forex

Small scale gold miners are set to receive 100 percent of their deliveries to Fidelity Printers and Refineries in foreign currency as government seek to curb gold leakages into the black

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Source: allAfrica.com

Sudan: Historic Salary Hike Sees Prices Soar

As reported by Radio Dabanga last week, Banks in Sudan limited the daily withdrawal maximum of SDG 5,000 to SDG

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Source: allAfrica.com

Rwanda: Mobile Money Transactions Grow By 450% in 3 Months

The value of funds transferred via Mobile Money grew by 450 per cent between January and April this year to reach Rwf 40 billion (over $ $42 million), data from Rwanda Utilities Regulation Authority

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Source: allAfrica.com

Human rights group: Hungry Zimbabwe refugees forced out by Botswana

GABORONE—A human rights group said hundreds of refugees from Zimbabwe are being forced back home from neighboring Botswana and the refugees haven’t had access to food during COVID-19 restrictions in

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Source: New Orleans Data News Weekly – The People’s Paper

Zim foreign currency account holders panic as banks scramble for cash

Foreign Currency Account holders with Zimbabwean banks – among them units of Standard Bank, Standard Chartered and Nedbank – have expressed apprehension about what they fear could be a run on their funds by the government, as the central bank kicks in new monetary

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Source: https://www.news24.com

Rwanda: Nuts and Bolts - Economic Depreciation and Inflation

Conceptually, inflation is a measure of the rate at which the average price of goods and services in an economy increases over some period of

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Source: allAfrica.com

George Floyd – another name added to the list –

Although not lost to COVID-19, one other name recently added to those we have lost – George

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Source: Daytona Times

Dollar to Rand exchange rate: SA currency 'back at pre-pandemic levels'

The Rand to Dollar exchange rate has been strongly impacted by developments from the US Election - and ZAR has made major gains on the American currency.

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

President Bio calls on regional leaders to unite on single currency adoption

Yesterday, president Julius Maada Bio of Sierra Leone chaired a zoom online meeting of the West African Monetary Zone Authority of Heads of States and Governments, where he encouraged his colleagues Heads of State and Governments across the region to unite, in ensuring that the proposed single

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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News

Liquid Propane Could Supply Zimbabwe With Fuel – Free Press of Jacksonville

In December, Intergas, in a partnership with Nigerian alternative energy company THLD Group, started preparing autogas for the Zimbabwe

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Source: Free Press of Jacksonville – Florida’s First Coast Quality Black Weekly

Botswana signs agreement with global vaccine scheme for 20% of population | News24

Botswana has signed an agreement with the global vaccine distribution scheme co-led by the World Health Organisation, giving it the option to buy coronavirus vaccines for 20% of its population, a senior health official told Reuters

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Source: https://www.news24.com

EAC tops $2.3b Covid-19 loans in three months

East African countries have borrowed nearly $2.3 billion new loans in less than three months since reporting the first Covid-19 positive case, adding to the region’s mounting debts at a time of shrinking tax

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Source: The East African

HHW Gaming: Amazon Leaks PS5 Price, No You Won’t Have To Pimp Yourself For A Console

Source: Sony/ PlayStation

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Source: The Urban Daily

ZimTrade pushes for online store

ZIMTRADE is working on an online store premised on the need to create a singular window for marketing and selling Zimbabwean products virtually, as part of its efforts to remain relevant and aligning to the evolving global trading

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Zim dollar drops 129% after first forex auction in 16 years

The Zimbabwe dollar fell 129% on Tuesday after officials switched to a currency auction trading system from the previous

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Source: https://www.news24.com

Mthuli denies policy consistency reports

BY TATIRA ZWINOIRA FINANCE minister Mthuli Ncube yesterday denied that there were policy inconsistencies in the country, claiming his austerity measures were simply “reforms” aimed at bringing back stability to the economy. Ncube in April admitted to “policy missteps during late 2019” in his letter

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

Currency in free fall, Zimbabwe tries forex auction system dating back 16 years

After struggling to stabilise its currency for the past three years, Zimbabwe on Tuesday turned to a foreign exchange trading system it last used in

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Source: https://www.news24.com

Zimbabwe: RBZ Slashes Zipit Daily Limits in Bid to Tame Forex Black Market

The Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) has directed Zimswitch to slash ZIMSWITCH Instant Payment Interchange Technology (ZIPIT) daily and monthly limits to $20 000 and $100 000

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Source: allAfrica.com

As prices spike in Zimbabwe, is it on the edge again?

Prices of basic goods gallop every week as the value of the Zimbabwean dollar continues to tumble, pushing official annual inflation to 785.6% in

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Source: https://www.news24.com

Antigua and Barbuda

Antigua and Barbuda ăntē´gə, –gwə, bärbu´də [key], independent Commonwealth nation (2005 est. pop. 68,700), 171 sq mi (442 sq km), West Indies, in the Leeward Islands. It consists of the island of Antigua (108 sq mi/280 sq km) and two smaller islands, the more sparsely populated Barbuda (62 sq

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Source: Fact Monster - Black History

Zimbabwe: Zimbos Cut Down On Smoke As Top Cigar Maker, Bat Reports 17 Percent Sales Decline

Company chair, Lovemore Manatsa last Wednesday attributed the decline to the impact of economic policies which were seriously felt in the company's financial year ended December 31

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Source: allAfrica.com

Sudan: Transfer of Sudan War Crimes Suspect to the Hague 'A Milestone' - ICC Prosecutor Bensouda

The Hague — The Prosecutor of the International Criminal Court, Fatou Bensouda, has hailed the surrender and transfer of former Darfur janjaweed leader Ali Kushayb, indicted by the court for crimes against humanity, as "a milestone in the Darfur, Sudan

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Source: allAfrica.com

Zimbabwe's security forces sideline government as economy crashes

Zimbabwe’s security force leaders sidelined the nation’s economic chiefs and forced the government to close the stock exchange and halt most mobile-money transactions, people familiar with the situation

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Source: https://www.news24.com

For the river in Angola, see Cuanza River. For the currency, see Angolan kwanza. For the album by Albert Health, see Kwanza (The

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Source: ThoughtCo

Old Mutual is being used to externalise capital, says Zimbabwe's ruling party | Fin24

Zimbabwe's ruling party says Old Mutual should be delisted from the ZSE and be listed on a separate stock exchange that is yet to be established.

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Source: https://www.news24.com

Liberia: Will Charles Sirleaf Accept Offer to Testify Against Weeks?

The possibility of the government establishing its criminal case against former Executive Governor of the Central Bank of Liberia (CBL), Milton Weeks, could likely be a reality only if four former executives of the Bank, including former Deputy Governor for Operations, Charles Sirleaf, who saw

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Source: allAfrica.com

100 retail operators nabbed for not accepting Zim dollar, bond notes | Fin24

Refusing to accept Zim dollar and bond notes as payment for goods has landed 102 Zimbabwean business owners and retail employees in trouble.

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Source: https://www.news24.com

102 arrested for refusing bond notes

Police have arrested 102 businesspeople for allegedly refusing to accept the

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

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