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...
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...
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...
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...
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...
Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report...
Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...
The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...
After selling up to $20 million in U.S. cash to banks to trade on a new forex interbank market, Zimbabwe’s central bank is now running...