Government, through the Ministry of Labour and social Welfare, has approved a pay increase of between 2,4 percent and 14...
Feb 07, 2018
Zimbabwe has earned $101,2 million from 14,2 million kilogrammes of tobacco exported mainly to Sudan and China since the...
Stanbic Bank Zimbabwe has been awarded $6 million after successfully suing a construction company for failure to honour...
Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits...
Feb 06, 2018
The Bank of Tanzania (BoT) will this year adopt a price-based monetary policy as it seeks to guard banks against negativ...
Democratic Republic of Congo's state mining company Gecaminessaid on Monday it wanted to renegotiate contracts with its...
Investors often take time to get used to the fact that ‘the big dip’ is not coming and previous highs will now be the cu...
For the current financial year ending June 2018, about Kshs. 658 billion has been budgeted towards serving debt, which w...
Mozambique Electricity (EDM) has renewed its contract to sell energy to Lesotho in a business that foresees Mozambique r...
South Africa's Sibanye-Stillwater's full year platinum production rose compared with the year-ago period, while gold pro...
Almost 130 years after diamond giant De Beers emerged from mines around the dusty South African town of Kimberley, the c...
Kenya's tea export earnings are forecast to rise further this year, while total output is expected to improve after a fa...
South Africa's Public Investment Corporation (PIC) has given cash-strapped state power firm Eskom a 5 billion rand ($416...
ZIMBABWE’s food basket for a family of six declined by 4.83 percent to $142.71 last month on the back of sales promotion...
THE National Railways of Zimbabwe (NRZ) is targeting to move four million tonnes of freight in 2018, up 25% from last ye...
Agri-industrial firm CFI Holdings Limited, says servicing of nearly 700 stands at its Suncrest Park in Harare, should be...
Finance and Economic Planning Minister Patrick Chinamasa, has said Zimbabwe requires around $1,5 billion annually for in...
Tobacco farmers are threatening to boycott paying the afforestation levy, saying they did not benefit from the fund, thr...
Feb 05, 2018
The Zimbabwe Commercial Farmers Union (ZCFU) has revised its projected agriculture growth rate to 8 percent from 15,7 pe...
Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the
First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process
The mining industry have seen a significant growth with an average of 9% per annum, mainly spared by lithium sector projects and production of iron and steel. According to GlobalData, Zimbabwe is the
Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio
WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11% to its year-to-date revenue in a trading update for the period ended 30 Sept
EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa
Zimplow Holdings Limited reported a 12% decline in topline to US$20.6 million, in the thrird quarter to 30 September 2024 compared to the prior year according to the company’s latest trading update.
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful