On July 19, 1965, Ghana first adopted the cedi notes and pesewa coins to replace the Ghana pounds; shillings and pence. Under British colonial rule, the official currency was the Ghana pounds, shillings and pence. Prior to this, the West African Currency Board was first adopted and used mainly for …
Read More »Zimbabwe will start selling gold coins this month as inflation gets so bad
Zimbabwe will start selling gold coins this month as a way to tame inflation that has weakened the local currency, the country’s central bank said. The governor of the central bank, John Mangudya, noted that the coins, known as Mosi-oa-Tunya, would be available for sale from July 25 in local …
Read More »