ZIMBABWE LOOKS TO ADDRESS FOREIGN CURRENCY SHORTAGE

ZIMBABWE LOOKS TO ADDRESS FOREIGN CURRENCY SHORTAGE

Zimbabwe’s mines minister seeks to address foreign currency shortage in the country.

On Monday, 04 January 2019, Zimbabwe’s mines minister¬†Winston Chitando said, soon introduction of monetary policy tools will help address foreign currency shortage affecting mining companies.

Lack of funds in the economy, has hurt mining companies including the …

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SUDANESE POUND INCREASES VALUE FOR THE FIRST TIME

SUDANESE POUND INCREASES VALUE FOR THE FIRST TIME

The value of Sudanese pound increases for the first time after devaluation.

According to bankers, the Sudanese pound have gained weight as it now values at 46.95 to the US dollar. This is the first rise since the devaluation of the Sudanese national currency. The devaluation is a new strategy …

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