Black Market

Ethiopia eases forex curbs as it awaits crucial bailout

By Aymeric Vincenot Ethiopia said Monday it is easing foreign exchange curbs as part of a broader economic reform package, as the deeply-indebted nation awaits a multi-billion dollar bailout from international lenders. The value of the local currency, the birr, slid by around 30 percent against the dollar after the announcement of the measures by the central bank. "The reform introduces a competitive market-based determination […]

29 July, 2024

Environment

South Africa’s 70,000kg rhino horn stockpile must be burnt to prevent illegal trading

By Jason Gilchrist, Edinburgh Napier University Despite a global ban on international buying and selling of rhino horn since 1977, the South African government and owners of private rhino reserves continue to stockpile it. A new report by the EMS Foundation, a South African social justice and conservation organisation, advocates strongly against this practice. Ecologist and mammal conservation researcher Jason Gilchrist discusses what the […]

3 July, 2024

Oshiwambo

Aalumentu yaali oya mangwapo sho yaadhika noshipa shongaka kOutapi metitano.

Opolisi momushangwa oyati omulumentu omu Namibia gomimvo 28 nomulumentu omu Angola gomimvo 32 oya mangwapo lopotundi onti 16h32 pethimbo lyoshikonga shomonanguwi sho ya kambadhala okulanditha oshipa kaanambelewa yopolisi yomonanguwi. Ongushu yoshipa inayi tseyika,ashike shiikwatelela ko Enviromental Information Service Namibia,oshipa shongaka yimwe oshina ongushu yodoola 50 000 momalandithilo taga ithanwa black market. Omakonakono gopolisi otaga tsikile.

13 May, 2024

Africa

Binance to stop transactions in Nigeria

Binance, the world's largest cryptocurrency exchange, is ending all transactions and trading in Nigeria's local currency after 8 March 2024. This after Nigeria clamped down on the global crypto exchange, blaming it for feeding a black market for foreign exchange. Ajeck Mangut reports from Abuja.

6 March, 2024