by afrikanfrontier | Jul 14, 2024 | Finance, News, Politics
Information Secretary Nick Mangwana’s recent pronouncement on Zimbabwe’s urgent need to wean itself off the US dollar and promote the use of its own currency is a clarion call for economic independence that resonates deeply with the aspirations of many...
by afrikanfrontier | Jul 1, 2024 | Finance, News, Politics
The International Monetary Fund’s agreement to disburse $570 million to Zambia comes at a critical juncture, as the nation grapples with its worst drought in nearly six decades. While this financial injection aims to bolster Zambia’s foreign exchange...
by afrikanfrontier | Apr 17, 2024 | Business, Finance, News
Zimbabwe’s currency, the ZiG, has seen a notable strengthening this week as an increasing number of companies transition their payment systems to the unit. In a bid to mitigate volatility, authorities have pegged the ZiG to the price of gold. Additionally,...
by afrikanfrontier | Apr 5, 2024 | Business, Finance, News
The appointment of John Mushayavanhu as Zimbabwe’s new central bank governor marks a pivotal moment in the country’s pursuit of economic sovereignty and stability. Inheriting an institution tarnished by a history of hyperinflation and erratic monetary...
by afrikanfrontier | Feb 20, 2024 | Finance, News
Zambia’s kwacha has enjoyed a remarkable surge, its longest winning streak in almost a year. While initial reports celebrate this rise, a closer look reveals a more nuanced picture, highlighting potential risks and raising questions about long-term...
by afrikanfrontier | Feb 15, 2024 | Business, Finance, News
Nigeria’s financial landscape is reeling from the sudden and tragic loss of Herbert Wigwe, the co-founder and CEO of Access Bank. The 57-year-old visionary leader, along with his wife, son, and three others, perished in a helicopter crash in California’s...
