Nokia will deploy new digital infrastructure connecting Southern and Eastern Africa. The Finnish telecommunications company announced on Thursday (Feb. 2) that it has been selected by the pan-African technology group Liquid Intelligent Technologies (LIT) to deploy an optical transport network connecting Kenya, Uganda, Rwanda, the...
Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. This comes six months after the Reserve Bank of Zimbabwe (RBZ) said it would look into the feasibility of rolling out a CBDC....
Emmerson Mnangagwa, president of Zimbabwe, has said banks and companies engaging in local currency manipulation and unjustifiable price increases might be at risk of losing their operating licenses, Bloomberg reported Sunday (April 24). The government said has found the entities responsible. Now, the administration is looking...
Blockchain and digital currencies continue to garner more attention among corporate finance leaders and their financial service providers, with this week’s Payment Rail Innovation tracker finding financial institutions (FIs) and FinTechs investing more heavily in the infrastructure to facilitate B2B payments. Plus, new initiatives expand...
May 08, 2023
Zimbabwe is debuting a gold-backed digital currency as it battles an inflation crisis. The country’s central bank says the tokens — set to launch Monday (May 8) — will “expand the value-preserving instruments available in the economy,” the Financial Times reported. This was in reference to a steep decline in the value of Zimbabwe dollar, […]
February 02, 2023
Nokia will deploy new digital infrastructure connecting Southern and Eastern Africa. The Finnish telecommunications company announced on Thursday (Feb. 2) that it has been selected by the pan-African technology group...
August 14, 2022
Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. This comes six months after the Reserve Bank...
April 25, 2022
Emmerson Mnangagwa, president of Zimbabwe, has said banks and companies engaging in local currency manipulation and unjustifiable price increases might be at risk of losing their operating licenses, Bloomberg reported...
