South African retail sales rose by 8.2 percent year-on-year in November, beating expectations by far, after increasing b...
Jan 18, 2018
Copper resumed its decline on Wednesday as some speculators took profits from a December rally and others went short aft...
Malawi's consumer inflation slowed to 7.1 percent year-on-year in December from 7.7 percent in November, official data f...
Mozambican President Filipe Nyusi stressed in Maputo on Wednesday the willingness of the Mozambican government to work w...
On Wednesday, the price of gasoline was going up in Mozambique, while the price of cooking gas (LPG) was coming down, th...
Barclays Africa yesterday launched its 2017/18 Macroeconomic report which covered key issues affecting the economy from...
Kenyan investors will be able to lend and borrow shares from each other from June, with the NSE set to roll out a system...
President John Magufuli and his Rwandan counterpart, Paul Kagame, have agreed to start the construction of the standard...
Prospect Resources’ flagship lithium deposit has been identified as a priority mining development by Zimbabwe’s Office o...
Botswana’s Okavango Diamond Company (ODC) posted a 4% jump in sales to $567-million in 2017, the highest annual sales si...
Zimbabwe will not stop using “bond notes”, a domestic quasi-currency, until the economy fully recovers, Finance Minister...
Local firm, Baldmin Projects has been awarded a multi-million-dollar contract in Tanzania to design, manufacture, instal...
Government is this week expected to gazette the Ziscosteel Debt Assumption Bill to facilitate the takeover of $380 milli...
THE availability of the United States dollars in the country could improve in 2018 although cash shortages are expected...
Textile company, Merlin, which resumed operations this year, says in the next few months it will flood the local market...
Jan 17, 2018
Government will soon lower tax brackets for various economic players as an incentive to encourage investment in the coun...
Government and a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa’s Transnet, hav...
Moribund steelmaker, Ziscosteel on Tuesday announced that it will be seeking approval from its minority shareholders to...
The Government has started a process to set up one strong financial institution that will merge functions of several org...
The Bank of Mozambique and Financial Sector Deepening Mozambique are to cooperate in promoting digital financial service...
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