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South Africa: Western Cape Prepares for Heavy Rain and Rough Seas – South African News Briefs – July 4, 2025
[allAfrica]
Zimbabwe: ZWG Proving Difficult to Utilise – Hippo Valley
[New Zimbabwe] HIPPO Valley Estates Limited (HVEL) says most suppliers are demanding US$ for payment of raw materials, creating a situation where ZWG stocks continue to pile up in the coffers.
Nigeria: Group Wants CBN to Ensure Forex Market Transparency, Reveal BDCS’ Beneficial Owners
[Premium Times] The statement said the lack of transparency around the BDC entities creates room for regulatory abuse, political patronage, and manipulation of the forex market.
Nigeria: Nigeria’s Foreign Reserves Soar to $38.448b in June – Reps
[Daily Trust] Niger’s foreign exchange reserves rose from $32.9 billion at the end of 2023 to over $38.448 billion in June, 2025, the Chairman, House Committee on National Planning and Economic Development, Prince Gboyega Nasir Isiaka, has disclosed.
Zimbabwe: Education Minister Cracks Down On Schools Snubbing Local Currency
[263Chat] Education Minister, Torerayi Moyo has issued a firm directive to all schools across the country to accept both the United States dollar (USD) and the Zimbabwe Gold (ZIG) currency for the payment of school fees and levies or face legal consequ…
South Africa: South Africa Inflation Holds At 2.8 Percent in May As Sarb Eyes Lower Target
[Daba Finance] TLDR
Rwanda: Central Bank Explains New Changes in Foreign Currency Use
[New Times] The National Bank of Rwanda has shed light on recent changes in the regulation governing foreign exchange operations in the country.
Kenya: CBK Extends Kepss’s Bulk Payment Settlement Time
[Capital FM] Nairobi — The Central Bank of Kenya (CBK) has increased bulk payment settlement time to enable completion of large-value and time-sensitive transactions.
Nigeria: CBN Issues Routine Transitional Guidance to Select Banks
[Vanguard] The Central Bank of Nigeria (CBN) has introduced time-bound measures for some banks still completing their transition from the temporary regulatory support provided in response to the economic impact of the COVID-19 pandemic.
Zimbabwe: There Is Enough Zwg Supply – RBZ Says As Traders Flag Banknotes Shortages
[New Zimbabwe] The Reserve Bank of Zimbabwe (RBZ) says adequate stocks of ZWG notes are available to meet the current trade demands across the key economic sectors.