Banking
US Dollars replaces Zimbabwe’s currency for second time
HARARE – The greenback has replaced the Zimbabwean dollar as the most-used currency in the […]
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Banking
Prepare for a multipolar currency world
The US dollar still dominates debt markets, but some niche-sounding data suggests things could be […]
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Zimbabwe Becomes Second African Nation to Cut Rates Twice in 2023
HARARE (Bloomberg) — Zimbabwe’s central bank became the second in Africa, after Angola’s, to cut […]
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Zimbabwe heads for another painful currency cycle
The level of dollarisation has reached its zenith – according to some economists who predict […]
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South African State broadcaster moblises sanctions on Zimbabwean Central Bank
The Reserve Bank of Zimbabwe is facing sanctions following allegations that it is being used […]
Banking
Mastercard to Widen Transaction Choice in Zimbabwe
Mastercard Incorporated Free Report) teamed up with Zimbabwe-based financial services provider, The People’s Own Savings […]
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Zimbabwe currency plunges as US dollar shortage escalates
HARARE – Zimbabwe’s economy is on the verge of collapse as the dollar shortage intensifies. […]
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Deutsche Bank shares drop amid global jitters over banks
FRANKFURT, Germany (AP) — Shares in Deutsche Bank, Germany’s largest lender, fell sharply on Friday, […]
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Bank of England hikes rates like Fed amid financial turmoil
LONDON (AP) — The Bank of England extended its battle against inflation Thursday, announcing an […]
Banking
Fed raises key rate by quarter-point despite bank turmoil
WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation Wednesday by […]