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SOUTHERN AFRICA
Visa International back in Zim

[Dumisani Ndlela] Standard Chartered Bank (Zimbabwe), the primary agent for Visa in Zimbabwe, announced the return of Visa this week, noting that it had started issuing bank customers with the cards on request. 23 Sep 2009 08:52


SOUTHERN AFRICA
FNB Botswana appoints new CEO

Lorato Edith Boakgomo-Ntakhwana has been appointed as chief executive officer of First National Bank of Botswana (FNBB). Boakgomo-Ntakhwana is the first black female to be appointed to this position. 6 Jul 2009 16:00




SOUTHERN AFRICA
Zim banks to import foreign cash

[Sam Hungwe] Zimbabwe's central bank has ordered banks to start importing foreign currency from their nostro accounts as banks began grappling with increasing demand for foreign cash, bankers said. A nostro account is a bank account established in a foreign country for the purpose of holding that country's currency. 20 Feb 2009 10:53


SOUTHERN AFRICA
Inflation at 6.5 quindecillion novemdecillion percent

The Zimbabwe dollar now seems to have lost all its appeal, and calls for the adoption of a foreign currency to replace the struggling monetary unit and put an end to the country's crippling hyperinflation are becoming louder. 22 Jan 2009 07:21


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