Zimbabwe’s banks caught off guard by new gold-backed currency

Zimbabwe’s banks caught off guard by new gold-backed currency

The Zimbabwe Gold officially started trading just days after it was announced it would replace the Zimbabwean dollar, which has tumbled in value over the past year, pushing inflation through the roof. But many in the country were not ready for the switch. Eddie Cross an economist from Zimbabwe says even the banks haven’t been fully able to translate their accounting systems.

April 10, 2024 42

Africa

Interstate deals fuel drive for African single roaming regime

Seth Onyango, bird story agency Growing interstate deals to end roaming fees are boosting efforts for a unified roaming regime in Africa, essential for a connected digital market. Benin and Ghana are the latest African countries to slash communication costs for their citizens roaming between the two countries. The new rates apply from July 1 and align with a protocol introduced by the ECOWAS region in March […]

April 10, 2024 8

World

Jihadism in Mozambique: southern African forces are leaving with mixed results

By Thomas Mandrup, Stellenbosch University The Southern African Development Community (SADC) military mission in Mozambique (Samim), which was deployed on 15 July 2021 to fight the Islamic insurgents terrorising the northern Cabo Delgado province since 2017, is scheduled to end by June 2024. Mozambican security forces will then take full responsibility for security. We asked military science and defence expert Thomas Mandrup, who has published a paper […]

April 8, 2024 19

Uncategorized

Small-Scale mining boosts economic diversification

Namibia is striving to improve its competitiveness within the Southern African Development Community by prioritising industrialisation in its National Development Plans towards Vision 2030. Small-scale mining plays a pivotal role in supporting livelihoods, reducing poverty, and fostering entrepreneurship, particularly in rural areas with large gemstone deposits. Ministry of Industrialisation and Trade spokesperson Elijah Mukubonda explains.

March 11, 2024 39

Oshiwambo

Ongundu yo DA ya pula aataleli yomahogololo yopashigwana

Omupresitend gwa South Africa Cyril Ramaposa okwa sheke ongundu onene yompilamen moshilongo o DA sho ya pula America niilongo yo EU yiye yi talele omahogololo. Ongundu oya ningi eindilo momukanda gwa tuminimwa amushanga gwepangelo lya America Antony Blinken noominista dhimwe dhiikwapondje yo EU oshiwike sha piti. O BBC oya lopota kutya o ANC oyati ombaapila yo DA kepangelo lya America otayi pukitha notayi kambadhala hanga oku landithapo oshilongo kiilongo iinankondo […]

March 11, 2024 18

5

Oshiwambo

O SADC na Africa alihe taya lili omuleli gwa Namibia

Aaleli okuza miilongo ya yooloka ya Africa oya wayimine aa namibia okulilila omupresitend Geingob. Onzonkundana yo Xinhua oya lopota kutya omupresitend gwa Bostwana Mokgweetsi Masisi okwa hokolola kutya nakusa Geingob okwali kuume kashili ka Bostwana. Noya simaneka eyambidhidho lye okutunga uukumwe pokati kiilongo yopaali. Masisi okwa thiki mo Namibia nena ,nokwa tegelelwa a shune konima yethimbo. Nokwa gandja elombwelo opo omapandela ga Bostwana ga tsikilwe etata moshilongo ashihe okuza ohela […]

February 5, 2024 20 5

Namibia

Namibia’s Mixed System Post-Geingob, Insights from High Economic Intelligence’s Salomo Hei

Namibia operates within a mixed economic system, characterized by a blend of private freedom, centralized economic planning, and government regulation. As a member of the Southern African Development Community, Namibia's economic landscape takes center stage following the recent passing of Dr. Geingob. Offering expertise on this matter is Salomo Hei from High Economic Intelligence. Daily evening devotions will be held at the residence of the late President Hage Geingob in […]

February 5, 2024 26

Health / Medical

Climate change behind Africa’s cholera increase

The Africa Centres for Disease Control and Prevention has tied the worst outbreak of cholera in three years to climate change, saying adverse weather is raising the risk of this disease faster than in the rest of the world. That’s as floods in the Democratic Republic of Congo — and across southern Africa — stretch already fragile health systems. The increase in cases comes even as Africa is the region […]

February 1, 2024 26

Africa

Continental Free Trade Area launches first trade shipment

Industrialisation and Trade Minister, Lucia Iipumbu has participated in the first trade shipments under the African Continental FreeExportDiversification Trade Area at the Port of Durban in KwaZulu-Natal. Iipumbu says the implementation will diversify exports, boost productive capacity, accelerate growth, create more jobs, and promote economic inclusion.

February 1, 2024 51