BATTERY manufacturer Chloride Zimbabwe says its market share has risen to 69% after the government banned the importatio...
Oct 24, 2018
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...
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...
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Embattled diversified company RioZim Limited has widened its loss position, which more than quadrupled to ZWG 628.4 million from ZWG 107.7 million in FY2024, weighed down by a 54% plunge in gold produ
