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Reserve Bank of Zimbabwe governor John Mangudya

Zimbabwe Considering Devaluing Quasi-Dollars, Official Says

HARARE - Zimbabwe’s central bank is considering devaluing its quasi-currency as part of a raft of reforms to the nation’s foreign-exchange system, according to...

Daihatsu Announces Recall of 320,000 Vehicles Over Door Defect

Daihatsu Motor Co., the Japanese automaker, has announced plans to recall two mini-vehicles due to a door defect. The recall, potentially affecting around 320,000...

Hichilema Concludes Engagements at Mining Indaba

Zambian President Hakainde Hichilema has concluded his four days engagements in Cape Town, where he also attended 2022 Investing in African Mining Indaba. While at...

RBZ Suspends Three Financial Institutions in One Day

The Reserve Bank of Zimbabwe (RBZ) today suspended three financial institutions: InnBucks, MetBank and Rolink Finance (Private) Limited for violating foreign exchange control regulations....

UN Releases USD7 Million to Help People in Mali

On Wednesday, the UN Central Emergency Response Fund released 7 million U.S. dollars for people suffering insecurity in Mali's north, a UN spokesman said. "Humanitarian...