In early December 2024, Ghana made headlines across the globe as John Dramani Mahama of …
Read More »Scepticism greets Zimbabwe’s new bond notes
Struggling with a shortage of cash Zimbabwe has introduced a new currency, a “bond note”, redeemable against US dollars, which has been the country’s official currency since 2009. However, many people fear the bond note will wipe out savings and trigger printing of money, which raged out of control in 2008, leading to the adoption of the dollar. The secrecy …
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