Representing the SADC
Abuja, Nigeria CNN Business — Nigerians have criticized the “redesigning” of the country’s local currency proposed by its central bank to rein in counterfeiting and hoarding of large sums outside the banking system. President Muhammadu Buhari unveiled the redesigned 200-, 500-, and 1,000-naira notes on Wednesday, saying “the new Naira banknotes have been fortified with … Read More “‘It changes nothing.’ Nigerians unimpressed with redesigned banknotes | CNN Business” »
CNN — Uganda’s government shut down operations of Sexual Minorities Uganda (SMUG), a non-governmental organization for LGBTQ rights, accusing it of operating illegally in the country, according to a statement from the government. Uganda’s National Bureau for Non-Governmental Organizations (NGO Bureau) under the Ministry of Internal Affairs said Friday the group operated without being registered … Read More “Ugandan LGBTQ organization calls government shutdown of its operations a ‘clear witch-hunt’ | CNN” »
Abuja, Nigeria CNN — President Muhammadu Buhari on Thursday directed Nigeria’s central bank to reissue old 200-naira ($0.43) banknotes withdrawn just days ago as concerns grow that the botched introduction of new money could disrupt general elections later this month. Violent protests have erupted in recent weeks as millions of people struggled to get their … Read More “Nigeria reissues old banknote as cash fiasco threatens to disrupt election | CNN Business” »
