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The African Development Bank Group will unveil its new agenda for the continent's economic transformation at this year's Annual Meetings scheduled to take place from May 23-27 in Lusaka, Zambia.
The Reserve Bank of Zimbabwe(RBZ) has with immediate effect scrapped the apportionment of foreign exchange receipts into rand and euros and applied 5 percent export incentive in US$ into authorised dealers’ RTGS accounts for exports.
THE Reserve Bank of Zimbabwe governor Dr John Mangudya has said that international banking regulations dictate that limited amounts of cash are imported at any given time and just like individual depositors had a maximum daily withdrawal, banks we
From Africa's digital revolution to its young and growing labour force, here is a round-up of some of the top discussions, pictures and videos from the first day of the World Economic Forum on Africa, taking place this week in Kigali, Rwanda.
The world Economic Forum for Africa, scheduled to kick off in Kigali today, will be an opportunity to create awareness about the anticipated Fourth Industrial Revolution, which technology enthusiasts term as disruptive.
A stronger U.S. Dollar continued to pressure June Comex Gold futures early Wednesday. Gold prices are down $9.60 or -0.74% at $1282.20. Spot gold drifted lower by 0.30% at $1281.41 an ounce after losing almost 0.4% in the previous session.
The Reserve Bank of Zimbabwe is set to introduce bond notes to curb money flowing out of the country, while measures have been put in place to promote the widespread use of multi-currencies to arrest the obtaining cash shortages.
Zimbabwe’s central bank on Wednesday imposed tight cash withdrawal limits and announced plans to introduce local “bond notes” to circulate alongside a basket of foreign currencies adopted in 2009, in a bid to ease widespread cash shortages stalkin
The International Monetary Fund has approved Zimbabwe’s Staff Monitored Programme and Article IV consultations laying a solid foundation for full re-engagement with international financiers under a process which includes the clearance of arrears t