SADC LEADERS AND GOVERNMENT REACH AGREEMENT

SADC LEADERS AND GOVERNMENT REACH AGREEMENT

SADC Leaders and Government reach agreement on measures to drive regional development The 39th ordinary Summit of the Heads of State and Government of the Southern African Development Community (SADC) which held at Julius Nyerere International Convention Centre in Dar es Salaam, United Republic of Tanzania, on the 17th and 18th August 2019 proposed a protocol aimed at bolstering the industry development sector and eventually intra-trade, which currently stands at below 20%. Tanzania President Dr Magufuli,…

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ZIMBABWE TO LAUNCH INTER-BANK FOREX MARKET

ZIMBABWE TO LAUNCH INTER-BANK FOREX MARKET

Zimbabwe to soon launch new inter-bank Forex market. On the 20th February, 2019, John Mangudya  Zimbabwe’s Central Bank Governor, said the establishment of a new inter-bank Forex market is in the process. He also said; the new Forex market will help remove the fixed exchange rate between the US dollar and its highly liquidable currency. The Central Bank Governor also said; the inter-bank Forex market will be of help to the Southern African to restore price…

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