Africa’s major currencies expected to remain stable amid slow activity in financial markets

Africa’s major currencies expected to remain stable amid slow activity in financial markets

Zambia’s kwacha is expected to be trade around its current levels but some analysts said it could gain further out as the economic outlook improves. On Thursday the kwacha was quoted at 24.39 per dollar from 24.45 a week ago.

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Africa 2025 International Association of Deposits Insurers conference lays emphasis on continent’s financial resilience

Africa 2025 International Association of Deposits Insurers conference lays emphasis on continent’s financial resilience

Speaking on behalf of KDIC, Board Chair Hannah Muriithi said the corporation’s mandate goes beyond mere compensation but encompasses promoting sound risk management, timely intervention, and the resolution of troubled institutions.

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US businesses brace for digital financial markets as Trump talks says he plans to hoard billions in bitcoin

US businesses brace for digital financial markets as Trump talks says he plans to hoard billions in bitcoin

When former US president Donald Trump announced a plan to establish a national “bitcoin stockpile” if he is re-elected, the crowd at the Bitcoin 2024 conference in Nashville, Tennessee, erupted into a fit of celebration. The frontrunner in the upcoming election was speaking their language. “For too long, the government...

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