Thursday, November 21, 2024
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Currency

Ghana sets up committee to fix its currency depreciation

Ghana's government has set up a committee that has been tasked to investigate why the country's currency the cedi keeps losing value. For past couple...

Zimbabwe to roll out new bank notes in November

Zimbabwe's central bank has said that the country's new bank notes and coins will be in circulation in November this year. The Zimbabwe dollar currency...

Gambia releases new bank notes without Jammeh’s portrait

Gambia on Tuesday officially released new bank notes that will be without the portrait of the former President Yahya Jammeh. On Monday the Gambian central...

Zimbabwe: Inflation hits 175.66%, economy on it’s knees

Annual inflation in Zimbabwe for June, 2019 has hit 175.66%, up from 97.85% in May, statistics agency ZIMSTATS said. This is the highest rate since...

Opinion: The Eco and Ghana: West Africa’s single currency

At the end of an ECOWAS summit in Abuja, Nigeria on June 29, 2019, 15 countries in West Africa, including Ghana, agreed to adopt...

ECOWAS leaders meet in Abuja for 55th summit

Leaders of the Economic Community of West African States on Saturday converged in Nigeria's capital Abuja for the 55th Summit of the Heads of...

Gambians await new banknotes without Jammeh’s portrait

Gambia will in the coming weeks issue new bank notes that will be without the portrait of the former President Yahya Jammeh. The former leader...

Zimbabwe’s new currency loses value by 20%

In February this year, Zimbabwe introduced a new currency called the RTGS, or Real-Time Gross Settlement dollar. The new currency was meant to deal with...

Zimbabwe to introduce new currency amid economic crisis

The Zimbabwean government has revealed that it intends introducing a new national currency. The country currently uses the U.S. dollar as its national currency but...

Zimbabwe blames economic woes on currency manipulation

Zimbabwe's President, Emmerson Mnangagwa is struggling to fix the economic woes of his country. But he seems to have identified the cause of the...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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