Category: International Business & Finance
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Zimbabwe to phase out US dollar in favour of own gold-backed currency
Zimbabwe’s cabinet has approved a roadmap to phase out the US dollar in favour of its own gold-backed currency, ZIG. Finance Minister Mthuli Ncube plans to present a de-dollarisation strategy next week.
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Italy Increases Tax on Foreign Billionaires
Prime Minister Giorgia Meloni has decided to raise the amount collected from 100,000 to 200,000 euros a year: it must be paid by wealthy foreigners living in the country and investing in its economy. In this way, the authorities hope to cover the budget deficit, which last year amounted to 7.4% of GDP. The measure…
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ICC’s bi-annual review of Darfur crimes delivered to UN Council
On Monday, the prosecutor of the International Criminal Court Karim Khan addressed the United Nations Security Council in New York to deliver his bi-annual report on Darfur. While the Council referred the matter to the ICC in 2005, the main focus has been on crimes that took place after April 2023. Karim Khan remarked, “To…
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Mapped: The World’s Largest Stock Markets (1900 vs. 2023)
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In this graphic, we visualize the world’s largest stock markets by country in 1900 and in 2023. This is based on each country’s percentage share of global market capitalization. Data for 1900…
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Autodesk Acquires Golaem Crowd Simulation Tool
Its features will likely be integrated into Autodesk’s products. Autodesk has acquired Golaem, a crowd simulation software for Maya, along with the team behind it. Now, Autodesk will likely integrate the tool directly into its products. For now, nothing changes for existing users, but you can’t buy licenses like before, so your best shot is…
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Liberia: Ministry of Transport releases Mont. County Taxi Fares
Disclaimer: Information on taxi fares can fluctuate due to various factors such as economic conditions, fuel prices, and government regulations. It’s recommended to check with local authorities or transportation providers for the most current rates. Generally, taxi fares in Montserrado County, Liberia, are regulated by the Ministry of Transports. The fares are typically based on…
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Top 10: Sustainable Banks
Fintech and panafrican.email takes a look at the top 10 most sustainable banks globally, highlighting their sustainable banking practices and initiatives Banks have the potential to play a pivotal role in promoting sustainability through their lending, investment, and governance practices. By prioritising environmentally and socially responsible projects, banks can drive significant positive change in various…
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