Tag: dollars
Diaspora dollars spur African development
The African diaspora, estimated at nearly 170-million people with ties to the continent living and working in the US and Europe, send over US$60-billion home every year, money that builds local African economies and reduces dependence on foreign aid.
Zimbabwe’s turning point?
Zimbabwe may have reached a watershed with the seemingly innocent decision to allow its people to use any currency of their choice in their daily lives – South African rands, British pounds, US dollars, euros and what have you, writes JP Landman.