Russia has availed $1 million to Zimbabwe to assist the country implement its Low Emission Development Strategy in line...
Feb 01, 2018
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...
Agro-industrial group TSL on Tuesday reported a 75 percent increase in net income to $4,8 million in the...
THE Zimbabwe Mining and Smelting Company’s judicial manager has applied to the High Court to have the Kwekwe-based ferro...
Zimbabwe has acceded to the newly launched Single African Air Transport Market (SAATM), a project that is meant to relax...
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