The Bank of Ghana issued a notice on 22 July 2026 flagging the widespread refusal of pesewa coins and GH¢1 and GH¢2 coins by traders and transport operators
The Bank of Ghana issued a notice on 22 July 2026 flagging the widespread refusal of pesewa coins and GH¢1 and GH¢2 coins by traders and transport operators
Kenya's central bank chief has said that the country's currency, currently trading at record lows, has been overvalued for several years. "I think for several years now we have had an overvalued exchange rate," Central Bank of Kenya governor Kamau Thugge told a parliamentary committee on Tuesday.
Some of the miners who stayed underground for more than two days in a standoff between rival South African labour unions began returning to the surface Wednesday, their representatives said. So, we couldn't allow workers to stay underground without food," he said.
Spanish lender Banco Santander announced Wednesday another record quarterly profit thanks to high interest rates and a growing customer base. The rise in global interest rates has been a boon for most banks, including Santander, as it has increased margins on their lending operations.
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