New 600 metric tons ruby plant announced in Mozambique
Montepuez Ruby Mining (MRM), 75% owned by Gemfields, has entered into a contract with Consulmet Limited ...
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Tag: exchange rates
Kenyans abroad defy tough times to send more cash in March
Central Bank of Kenya (CBK) data shows remittance inflows in March hit $357.0 million compared to ...
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Black market rates fall spurs Zimbabwe retailers to woo shoppers
Zimbabwean retailers are trying to woo shoppers to spend their US dollars in-store by offering better ...
Read moreZimbabwe imposes capital controls to stem currency’s slide
Zimbabwe’s President Emmerson Mnangagwa has imposed capital controls in an attempt to control the currency’s rapid ...
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Mozambique: Tolls announced for Maputo-Katembe bridge
Vehicles crossing the new suspension bridge over the Bay of Maputo will pay tolls that vary ...
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Angola: Capital market of local currency debt protects economy
The existence of a domestic currency debt capital market helps protect the real economy from "whims"? ...
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