Finance Minister Tito Mboweni yesterday squeezed the country’s already tight fiscal space even further, warning that the...
Oct 25, 2018
South Africa predicted wider budget deficits and cut growth forecasts in a bleak budget on Wednesday that focused spendi...
Harare - Mastercard President and CEO, Ajay Banga, on Monday visited Zimbabwe a move he says shows Mastercard's strong s...
Oct 24, 2018
Harare - The Government of Zimbabwe temporarily lifted the ban on some imports under S1 122, formerly SI 64 in a bid to...
Harare – The 2019 National Budget first and foremost, targets strengthening fiscal responsibility and management of Gove...
Harare - Botswana Diamonds plc (BOD) and Vast Resources says they have received a preliminary geological assessment of t...
Mozambique currently consumes about 1,000 MW megawatts of energy, a figure expects to rise to 8,000 MW by 2043, when mor...
The Zimbabwe government has with immediate effect partially suspended regulations banning imports to allow the general p...
Former permanent secretary at the Ministry of Mines and Minerals, Francis Gudyanga and an undisclosed individual owned s...
The Ministry of Finance and Economic Development has made an undertaking to pay $4 million monthly to foreign airlines w...
BATTERY manufacturer Chloride Zimbabwe says its market share has risen to 69% after the government banned the importatio...
PURE Oil Industries, one of Zimbabwe’s major cooking oil producers, says it has invested $9 million towards supporting c...
Harare – The Reserve Bank of Zimbabwe on Monday suspended four senior officials implicated in alleged shady deals includ...
Oct 23, 2018
Harare – Coal miner, Hwange Colliery Company Limited said it produced 215 564 tonnes in August 2018 of which 169 520 ton...
Harare – Diversified industrial conglomerate Innscor Africa Limited says its light manufacturing and services segments p...
Mozambique plans to spend 35 billion meticais (US$577.15 million) servicing public debt next year, 3.4% of gross domesti...
Zimbabwe has drawn down $199 million for the expansion of the Hwange Thermal Power Station (HPS), as the country presses...
THE Reserve Bank of Zimbabwe (RBZ) last week released over $10 million to the manufacturing sector to address the shorta...
Transnet’s board dismissed chief executive officer Siyabonga Gama after losing confidence in his ability to lead South A...
Oct 22, 2018
South Africa’s new finance minister will target spending on agriculture, infrastructure and job creation projects in his...
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p