The African Development Bank (AfDB) has approved a $25 million equity investment in The Currency Exchange Fund (TCX) to strengthen access to long-term local currency hedging solutions across emerging and frontier markets, particularly in Africa. The Bank said the new capital injection would increase TCX’s ability to absorb risk and extend its reach into illiquid…
This week, The Bank of Namibia unveiled newly upgraded coins – the country’s first major redesign since independence – and introduced next-generation polymer banknotes. Branded under the theme ‘Our Currency, Our Heritage, Our Pride’, the new money represents progress: improved durability, enhanced security and a celebration of national identity. But beneath this symbolic leap forward…
MoData helps clients digitise manual processes. (Image: MoData) South Africa is poised for a digital currency shift, and technology innovator MoData states that it is positioned to play a key role in underpinning the next generation of money. As South Africa accelerates its digital currency ambitions, the South African Reserve Bank (SARB) is laying the…
LinkedIn is emerging as a trusted voice among the bevy of social platforms. Online professional network service LinkedIn has edged past Meta-owned social media platforms Facebook and Instagram as the most utilised platform by brands. This is according to World Wide Worx MD Arthur Goldstuck, detailing several key takeaways from the latest SA Social Media…
