The Bank of Zambia (BoZ) has said it will take a cautious approach to banning the use of the U.S. dollar in local transactions to avoid distortions in the economy. This comes a few days after IMF Resident Representative, Eric Lautier, questioned…
Zambia’s proposed ban on charging foreign currency in local transactions — punishable with 10-year jail terms — might defeat its own purpose, according to the International Monetary Fund (IMF). In June 2024, the Bank of Zambia (which is the Central Bank of…
Felix Mutati, Zambia's Minister of Science and Technology, has said that the creation of an artificial intelligence (AI) framework is now underway within the government. According to Mr. Mutati, who posted a press release on his X page, Zambia is now developing…
Quick Summary
Angola's recent ban on crypto mining sends shockwaves through Africa's Bitcoin mining scene, impacting Chinese miners eyeing the continent's low-cost electricity.
Zignaly launches ZIGChain, Zambia fosters blockchain talent, and AltCoinTrader secures licenses amidst South Africa's growing crypto interest. Explore…