Harare – Coal miner, Hwange Colliery Company Limited said it produced 215 564 tonnes in August 2018 of which 169 520 ton...
Oct 23, 2018
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...
Harare - Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shur...
Harare - Finance and Economic Development Minister, Prof Mthuli Ncube said the Transitional Stabilisation Programme (TSP...
Harare – Delta Beverages, the country’s largest beverages manufacture says foreign currency challenges coupled with hoar...
A number of overtures have been spun by government over the last 4 weeks in a failed attempt to paint a bright picture o...
Brief Fitch Ratings has affirmed Kenya’s Long-Term Foreign- Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable...
The Parliament Budget Office (PBO) says the budget deficit could reach a “record breaking” $3 billion this year as Finan...
ZIMBABWE plans to clear its arrears with the African Development Bank (AfDB) and World Bank in the next 12 months, with...
The Zimbabwe Revenue Authority (Zimra) is a strategic entity to Zimbabwe’s attainment of Vision 2030 and must lead devel...
Government has no intentions of either introducing price controls or “punishing” profiteering businesses, Industry and C...
The 2019 national budget statement, which is set to be announced end of November, is expected to consolidate the fiscal...
Harare - Zimbabwe imported goods from neighbouring South Africa worth US$193.6 million last month, reflecting a 17 perce...
Oct 19, 2018
Harare – Activities by Government which culminated in the growth of RTGS or usable balances is responsible for the price...
Harare - The Zimbabwe Revenue Authority says gross revenue collections in the third quarter ended September amounted to...
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