Tag: current events

Tanzania: BoT – We’ve Enough Forex Reserve, Isles Inflation Drops

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

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

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

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

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

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

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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