President Ruto Proposes African Financial Infrastructure to Promote Local Currency Trade
President William Ruto called for the establishment of a financial infrastructure that would enable African nations ...
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Tag: currency
Kenyan shilling, Zambian kwacha and Nigerian naira to weaken
Kenya's shilling, Zambia's kwacha and Nigeria's naira are expected to weaken against the dollar in the ...
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Kenya shilling plummets to record low amid rise of dollar
The Kenyan shilling plunged to the lowest level this week as the U.S. dollar continued to ...
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High inflation arouses anxiety for Ghanaian traders
Aweak local currency and high inflation prevailing in Ghana have created anxieties for wholesale and retail ...
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Zimbabwe to legislate use of U.S. dollar for next five years
Zimbabwe’s government will maintain the country’s multi-currency system and legislate the use of the U.S. dollar for the ...
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African ministers speak out on impact of global food crisis
African ministers on Friday outlined the impact that the global food crisis is having on their ...
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Zimbabwean Central Bank introduces gold coins as store of Value
The Reserve Bank of Zimbabwe (RBZ) on Monday announced the introduction of gold coins into the ...
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Is replacing the Central Bank with a Currency Board the panacea to Zimbabwe’s Monetary woes?
What is a Currency Board? What are the main functions of a Central Bank? For Zimbabwe, ...
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Yuan jumps after report Saudis consider its use in oil deals
BEIJING, (The Southern African Times) - The Chinese yuan reversed earlier declines and jumped toward its ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.