Zambia’s central bank starts gold purchase for international reserves
Zambia's central bank on Tuesday said it has commenced the accumulation of gold as part of ...
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Tag: Currency reserves
The new currency notes in Ethiopia
As part of the ancient civilization of the world, Ethiopia is one of the few countries ...
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South Africa’s Gold Fields sees 300% profit rise on gold rally
South African miner Gold Fields said on Wednesday booming gold prices could drive up half-year profits ...
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Mozambique has 10% of its reserves in Chinese currency
The growing internationalisation of China’s currency strengthens Mozambique’s interest in making investments in yuan, said the ...
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Bank of Angola reduces basic interest rate to 15.50%
Angola’s National Bank (BNA)’s basic interest rate fell from 15.75% to 15.50, according to the financial ...
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Mozambique’s economy grows by 3.7% in 2017
Mozambique’s economy recorded growth of 3.7% in 2017, the Council of Ministers spokeswoman, Ana Comoana, said ...
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