Tag: Business and Finance
Tanzania: BoT – We’ve Enough Forex Reserve, Isles Inflation Drops
DESPITE the global economic turbulence, Tanzania has sufficient foreign reserves to keep the country economically stable, Bank of Tanzania (BoT)'s s [...]
Africa: Retail Forex Traders in Africa Face Risks of Uncertain Regulations & Losses
Retail forex trading in developed nations is fiercely regulated and it is still surprising that as we speak several African countries are yet to do [...]
Zimbabwe: RBZ Foreign Exchange Liberalisation Measures Bear Fruit
THE Reserve Bank of Zimbabwe (RBZ) this week allotted US$30,3 million notable impact of recently announced foreign currency liberalisation measures [...]
Liberia: Lonestar Cell MTN With BnB Transfer Launch Mobile Money Digital Currency Foreign Exchange
For the first time in the history of mobile money in Liberia, Lonestar Cell MTN subscribers can now exchange US Dollars for Liberian dollars within [...]
Zimbabwe: Civil Servants Get Forex Bonuses, Decry High Bank Charges
Africa Moyo — Deputy News Editor
Civil servants' representatives are generally excited that their members have started withdrawing their US dolla [...]
Tanzania: Record Forex Reserves Spark Optimism
THE record rise of Tanzania's forex reserves has sparked optimism among local economists over the country's economic prospects.
Tanzania's total [...]
Zimbabwe: RBZ’s Forex Auction System Faces Collapse
A top economist has warned Zimbabwe's auction system introduced by the Reserve Bank of Zimbabwe (RBZ) is facing an imminent collapse after which [...]
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