The Bank of Tanzania (BoT) has issued new directives aimed at controlling foreign exchange trading in the country a directive that comes at a time when several African countries are struggling with the dollar shortage including Kenya The directive was issued by BoT Governor Emmanuel Tutuba and takes effect from today, Thursday, June 1, 2023. The new controls impact…
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China recently struck a deal to settle trade in their local currencies, seeking to bypass the greenback in the process. India and Malaysia in April signed an accord to ramp up usage of the rupee in cross-border business. Even perennial US ally France is starting…
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China recently struck a deal to settle trade in their local currencies, seeking to bypass the greenback in the process. India and Malaysia in April signed an accord to ramp up usage of the rupee in cross-border business. Even perennial US ally France is starting…
Zanzibar has emerged as an audacious contender for an African event on the Formula 1 motorsport calendar. Backed by the government, revered competitors, and the sport’s management, there is unanimous agreement on the significance of bringing this thrilling event to the continent. The presumption so far has been that South Africa was the obvious candidate. Zanzibar thinks otherwise. Six…
The United States has reopened its embassy in the Seychelles after a 27-year absence during which China and other U.S. rivals made significant inroads in the Indian Ocean islands. The U.S. State Department announced the move late Thursday, after having unveiled plans to open a diplomatic mission in northern Norway, which will be its only only such facility above…
The United States has reopened its embassy in the Seychelles after a 27-year absence during which China and other U.S. rivals made significant inroads in the Indian Ocean islands. The U.S. State Department announced the move late Thursday, after having unveiled plans to open a diplomatic mission in northern Norway, which will be its only only such facility above…
What you need to know: Britain’s Got Talent (often abbreviated to BGT) is a televised British talent show competition, and part of the global Got Talent.The highly anticipated final is scheduled to take place this Sunday. ___ Full story here
What you need to know: Britain’s Got Talent (often abbreviated to BGT) is a televised British talent show competition, and part of the global Got Talent.The highly anticipated final is scheduled to take place this Sunday. ___ Full story here
However, laws prohibiting consumption outside the home, and the purchase and sale of cannabis, remain in place. The South African Constitutional Court decriminalised cannabis for private consumption by adults in South Africa in 2018. However, laws prohibiting consumption outside the home, and the purchase and sale of cannabis, remain in place. The current legislation lends itself to ambiguity around…
However, laws prohibiting consumption outside the home, and the purchase and sale of cannabis, remain in place. The South African Constitutional Court decriminalised cannabis for private consumption by adults in South Africa in 2018. However, laws prohibiting consumption outside the home, and the purchase and sale of cannabis, remain in place. The current legislation lends itself to ambiguity around…