Tag: Jimmy Wales
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IMF approves US$650 SDR allocation to boost global liquidity
The International Monetary Fund (IMF) board of governors has approved a US$650 billion Special Drawing Rights (SDR) general allocation for its member countries as...
Inflation to Reach 450 Percent as Zimbabwe Abandons Multicurrency System
HARARE - Zimbabwe’s year on year inflation rate could reach 450 percent by the end of this year in line with this week’s new measures...
Afreximbank Pledges $4 Billion for African Economies
The Board of Directors of African Export-Import Bank (Afreximbank) on 31 March 2022 approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme...
Somalia opens first foreign bank in over 5 decades
Ziraat Katilim Bank of Türkiye has opened a branch in the Somali capital of Mogadishu, becoming the first international bank to operate in the...
First Capital Bank deal on hold
HARARE-Zimbabwe Stock Exchange listed financial services giant, First Capital Bank (FCB) said Monday it had placed on hold a plan to unbundle and separately...
