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remittances

New migration policy could cut remittances lifeline
Africa
/ 18 March 2022

New migration policy could cut remittances lifeline

Migrant workers are seen as contributing to South Africa’s unemployment crisis. But cutting them off threatens to throw the regional economy off kilter

By Sarah Smit
Bitcoin: Nigeria bites back against cryptocurrency trading
Africa
/ 14 February 2021

Bitcoin: Nigeria bites back against cryptocurrency trading

On 5 February Nigeria’s central bank banned crypto transactions, but industry analysts are confident the sector will find a workaround.

By Vincent Desmond
Controls on remittances risk driving financial flows to Somalia underground
Africa
/ 9 September 2020

Controls on remittances risk driving financial flows to Somalia underground

The regulations aim to prevent money laundering and financing terror organisations, but implementing them is proving to be difficult

By Global Initiative Against Transnational Organised Crime
Vital remittance flows plummet due to Covid-19 lockdown
Business
/ 14 August 2020

Vital remittance flows plummet due to Covid-19 lockdown

Money sent home by migrant workers in South Africa fell about 80% in April after the hard lockdown was instituted

By Tshegofatso Mathe
Not all of Jo’burg’s street traders can sell their wares under lockdown
Business
/ 18 May 2020

Not all of Jo’burg’s street traders can sell their wares under lockdown

Street traders are central to food security in Johannesburg. But since being declared an essential service under lockdown, street trade in South Africa’s biggest city has returned to uneven ground

By Dennis Webster

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