The Standard Organisation of Nigeria has noted that economic hardships and hyperinflation affect prices of construction materials, making adherence to standards a herculean challenge. This was ...
In this second part of the “Bitcoin in Africa” podcast documentary series, join Anita as she learns about Zimbabwe and the country's multiple currencies. Combining on-the-ground recordings ...
South African rand, and other foreign currencies instead. The once-trillionaire citizens of Zimbabwe had to start over with a new financial system. The Zimbabwean hyperinflation crisis remains one ...
Impairments dropped 8% to 14.3 billion rand, which helped the lender’s credit-loss ratio — a measure of bad loans as a percentage of the total book — improve to 1.03% for the period. That’s still ...
In 2008, a hyperinflation crisis destroyed Zimbabwe’s currency. The embattled African nation appears to be heading down the same route once again, but this time, there’s no light at the end of the ...
The Reserve Bank of Zimbabwe said the new notes that includes 50 trillion, 20 trillion and 10 trillion would be released for ...
The southern African nation’s difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.
Hyperinflation occurs when there’s a rapid acceleration in prices over a relatively short period. Hyperinflation is the rapid and untrollable acceleration of prices over a period. Economists ...
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