For the best experience, please enable JavaScript in your browser settings. The EAC Secretariat clarified that there was no such currency and that the account had no ...

Five more attempts, including last year’s introduction of the ZiG, have been made to revive Zimbabwe's local currency.

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...

The review, offers relief to the partner states that failed to comply with the thresholds on inflation, foreign reserves, budget deficit and national debt by 2021.

US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...

East Africa continues to lead the continent in economic growth rates, yet faces persistent challenges in poverty reduction ...