REGULATION | Kenya’s Major Electric Utility Parastatal Gets Legal Approval to Accept Payments in Dollars Following ‘Significant Forex Losses’
A CBDC is ‘Not a Compelling Priority in the Short to Medium Term,’ Says the Central Bank of Kenyakodzilla·June 3, 2023·2 min read
[WATCH] President of Kenya Urges for Use of Local Currencies via AfreximBank and Ditch Dollar RelianceCryptoGuru·May 30, 2023·1 min read
Public Debt and Inflation in Africa Are at Levels Not Seen in Decades – Half of Nations in Double Digits, Says IMFkodzilla·May 6, 2023·1 min read
Bank of Mauritius to Commence Pilot Phase of Digital Rupee in November 2023, Says Governorkodzilla·May 1, 2023·1 min read
Zimbabwe Industry Lobby Reveals Over 76% of Government Spending in US Dollars, Cautions Over ‘Full Dollarisation’ of Economykodzilla·March 28, 2023·2 min read
Tanzanian February Inflation Down Slightly to 4.8% as Economy Stabilizeskodzilla·March 23, 2023·1 min read
UN Secretary General Calls for Reform of ‘Outdated, Dysfunctional, and Unfair’ Financial Systemkodzilla·June 2, 2023·2 min read
The Reserve Bank of Zimbabwe Backs its Digital Tokens with 140 Kilograms of Gold for its First Issuancekodzilla·May 15, 2023·1 min read
77% of Transactions Use U.S Dollars in 2023, Reveals Zimbabwe’s Statistics Agencykodzilla·May 4, 2023·1 min read
The Global Financial System Unfair for Charging African Nations 100x More Than Developed Nations, Says Kenyan Presidentkodzilla·April 12, 2023·2 min read
Central Bank of Kenya Publishes Foreign Exchange Code Amid Plans to Re-introduce Interbank FX Marketkodzilla·March 27, 2023·2 min read
The Kenya Shilling Hits a New Low as Dollar Scarcity Bites – a 12% Drop in Value in 12 Monthskodzilla·March 20, 2023·2 min read