After several years marked by the circulation of quasi-currencies (substitutes close to the currency) to make up for the lack of liquidity, the central bank of Zimbabwe will replace its assets. Indeed, the institution will soon release a new amount of local currency. The announcement was made Monday, Aug. 19 by officials of the Zimbabwean…...
Trending
- Africa, Afro-descendants, and the diaspora come together at the 9th Pan-African Congress in Lomé
- Nigeria – Benin: President Tinubu congratulates Nigerian armed forces for protecting democracy in Benin
- Standard Chartered officially transfers its operations in Cameroon to Access Bank
- BUTEC successfully closes financing for emergency project of two 50 MW thermal power plants in Burkina Faso
- Senegal: Increase of 649.4 kg in gold production by the end of September 2025
- UEMOA debt market absorbs the shock of IMF financing suspension in Senegal, according to S&P
- Standard Chartered Completes Transfer of Business to Access Bank
- Gabon: Assala Energy surpasses the 57,000 barrels/day mark
Zimbabwe, another currency
Faced with galloping inflation, the economist and the mathematician oppose economic rationality. No effect at the moment, much to the chagrin of Mthuli Ncube, Zimbabwe moneymaker.
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com