CFI Holdings reported an after tax profit of $879,800 for the year ended September 31, 2017 from a $45 million loss in t...
Feb 01, 2018
Economist, Ashok Chakravarti says the present administration should privatise parastatals, as the government has no busi...
LIQUID Telecom has reportedly invested R1,3 billion ($109,6 million) into expanding its data centre facilities in Johann...
Russia has availed $1 million to Zimbabwe to assist the country implement its Low Emission Development Strategy in line...
A combination of surging China imports, tighter supplies and fund interest are expected to sustain prices of stainless s...
Jan 31, 2018
Southern Africa-focused lithium and gold mining and exploration company Prospect Resources has raised $10-million before...
A new Zambian law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by r...
Mozambique has slightly improved its score in the Open Budget Index, rising from 38 to 41 percent. The Index assessment...
South Africa’s biggest specialist fixed-income money manager says it’s not quite ready to resume lending to the cash-str...
Vodacom had 73.6 million active customers across its various markets at the end of December, an increase of 13% year on...
Reuters- New vehicle sales in Kenya dropped 20.78 percent last year, hit by a sluggish economy, a prolonged presidential...
Kenya's year-on-year inflation inched up to 4.83 percent in January from 4.5 percent last month, the statistics office s...
Consumer confidence in South Africa improved slightly in the fourth quarter, reflecting stronger-than-expected economic...
Kenyan opposition leader Raila Odinga has taken an unofficial oath to be "sworn in" as the nation's people's president....
Botswana's rough diamond exports fell by 17 percent in 2017 to 36.03 billion pula ($4 billion) due to weak demand in the...
South African state-run power utility Eskom said on Tuesday interim profits were down 34 percent to 6 billion rand ($504...
South African maize farmers are expected to plant 12% less of the staple crop this season in the face of a dry, hot spel...
The unitary benchmark rate for the Mozambican financial market will decline from 27 percent to 25.75 percent in February...
Mozambique’s Ministry of Tourism and Culture says the country is considering to host the World Tourism Forum, a global e...
THE Zimbabwe Consolidated Diamond Company is working on a structure to lure private investors back into the diamond mini...
Mimosa, the 50:50 joint venture between Impala Platinum (Implats) and Sibanye-Stillwater has recorded a 5% decline in 6E in concentrate production to 123,000 ounces in the six months ended 31 Decembe
Zimplats, Impala Platinum’s key Zimbabwean operation, achieved a strong 13.2% increase in 6E production in matte including concentrate sold to Impala Refining Services to 317,000 ounces in the six mon
The Pfuma Fund Real Estate Investment Trust (REIT) has achieved full subscription of its US$25 million private placement, a result that comes at a time when foreign direct investment into Zimbabwe rem
Zambia, Africa’s second-largest copper producer, is on track to exceed 1 million tons of copper output in 2026, building on a record-breaking year in 2025 when production climbed by 8% to nearly 890,3
Gold prices have seen an escalation of its already historic bull run, surging past the $5,500 per ounce level on January 29, 2026, and reaching $5,550 in spot trading. This marks a fresh all-time high
The diamond industry, long synonymous with luxury, rarity, and enduring value, is undergoing a profound transformation due to the rise of lab-grown diamonds. These synthetic gems, chemically identical
Libya’s central bank has escalated Zimbabwe’s unresolved external debt problem into a UK courtroom, suing the country’s finance ministry and state oil company for more than US$100 million according t
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric