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Currency News

KPL clubs fall victim as Sofapaka chops Congolese Franc on seven

12 Jan 2018 04:07Goal.com
Kenyan Premier League money bergs, Sofapaka have so far signed seven players as Sam Ssimbwa tighten his squad that lost the league title by a slim margin last season. more

Congo mining output rises, central bank warns of inflation risk

06 Nov 2017 06:06Reuters
DAKAR (Reuters) - Copper production in Democratic Republic of Congo, Africa's top producer of the metal, rose by 9.3 percent in the first nine months of this year, but soaring inflation remains a risk to the economy, the central bank warned on Monday ... more

Doctors in DRC suspend strike after deal with government

08 Sep 2017 06:37africanews
Congo's is currently facing an economic crisis; with inflation now at 50 percent, while the Congolese franc has lost 30 percent making it one of the world's worst performers this year. more

UPDATE 1-Congo says balances 2017 budget without printing money

19 Aug 2017 13:01Reuters
Congo has faced a worsening economic crisis this year, with inflation now at 50 percent, and the Congolese franc losing 30 percent making it one of the world's worst performers this year. more

Congo says balances 2017 budget without printing money

19 Aug 2017 12:38Reuters
Congo has faced a worsening economic crisis this year, with inflation now at 50 percent, and the Congolese franc losing 30 percent making it one of the world's worst performers this year. more

As Congo finances collapse, government left with few options

17 Aug 2017 10:56Independent Online
Inflation is now at 50% and the Congolese franc has lost 30% making it one of the world's worst performers this year, though it recovered slightly this month. more

With Congo Finances Collapsing, Desperate Government Has Few Options

17 Aug 2017 09:48New York Times
Inflation is now at 50 percent and the Congolese franc has lost 30 percent making it one of the world's worst performers this year, though it recovered slightly this month. more

VAT halted on mining imports to Congo

17 Aug 2017 09:37DIGITALLOOK
After reinstating a value-added tax (VAT) on imports by mining companies in mid-2016, The Democratic Republic of Congo has again suspended the duty. more
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