ZIMBABWE GOVERNMENT CONSIDERS ADOPTING GOLD-BACKED CURRENCY

ZIMBABWE GOVERNMENT CONSIDERS ADOPTING GOLD-BACKED CURRENCY

Faith Nyasuguta Zimbabwe’s government has made a significant economic announcement , revealing plans to introduce a gold-backed currency to replace the struggling national dollar.  The current currency, known as the dollar, bondnotes, or ZWL, has faced depreciation and a lack of trust from businesses, resulting in its limited use compared to foreign currencies like the […]

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 REGIONAL PRESSURE MOUNTS AMID ESCALATING SENEGAL CRISIS

REGIONAL PRESSURE MOUNTS AMID ESCALATING SENEGAL CRISIS

Faith Nyasuguta The African Union and the Economic Community of West African States (ECOWAS) are facing mounting pressure to assume responsibility and address the intensifying situation in Senegal. Senegal is grappling with an escalating crisis as protests persist following President Macky Sall’s controversial decision to postpone the presidential elections initially slated for February 25.  The […]

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 10 AFRICAN COUNTRIES WITH THE WEAKEST CURRENCIES IN 2024

10 AFRICAN COUNTRIES WITH THE WEAKEST CURRENCIES IN 2024

Faith  Nyasuguta  In the multifaceted realm of global economics, the strength of a country’s currency plays a pivotal role in shaping its economic trajectory. A weak currency can have profound consequences, reverberating through various sectors and affecting the lives of the populace. At its core, a struggling currency poses a significant hurdle to foreign investment […]

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 MALAWI EASES VISA RESTRICTIONS FOR 79 COUNTRIES

MALAWI EASES VISA RESTRICTIONS FOR 79 COUNTRIES

Faith Nyasuguta The Malawian government has taken a significant leap to invigorate its tourism sector by removing visa requirements for travelers from various countries, including China, the United States (US), and the United Kingdom (UK).  This transformative measure, executed through an amendment to the Immigration Act, aims to streamline the entry process for international visitors […]

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