Zimbabwe’s largest seed maker Seed Co Limited’s partial unbundling comes to fruition today with the primary listing of s...
Oct 05, 2018
Vivo Energy and Engen Holdings have restructured the acquisition of Engen International Holdings by the former’s subsidi...
African banks such as the National Bank of Kenya and Barclays Tanzania and Zambia have joined JP Morgan’s Interbank Info...
South Africa experienced its largest single fuel price hike following the Department of Energy’s announcement on M...
South African banks are reporting phenomenal growth in the use of banking apps despite the country’s finite banked popul...
World food prices slipped in September from the month before, with only sugar posting a rise, the United Nations food ag...
Harare – The pressure on the Reserve Bank of Zimbabwe to source and allocate foreign currency for fuel consumption on a...
Oct 04, 2018
Harare – Finance Minister, Mthuli Ncube said Treasury will be implementing a cocktail of fiscal measures necessary for e...
Harare – Crocodile skins and meat producer, Padenga Holdings, revenue for the six months ended June 30, 2018 closed at $...
Mobile phone owners in Kenya will now be able send money across different networks starting 4th October, under the inter...
The ministry of tourism is targeting 2.5 million arrivals into Kenya from the current 1.475 million arrivals by 2022 and...
THE banking sector continues to operate on a sound footing premised on adequate capitalisation and improved performance...
Foreign direct investment (FDI) is expected to double to US $ 5.7 billion next year, compared to the US$2.8 billion in 2...
THE People’s Own Savings Bank (POSB) will now be going public or be partially privatised through a private placement aft...
GetBucks, a deposit-taking microfinance institution listed on the Zimbabwe Exchange, has reported a 25% growth in profit...
ZIMBABWE’S cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has a...
The World Bank says the Sub-Saharan African economies are still recovering from the slowdown in 2015-16 although the gro...
Zimbabwe-focused diversified mining group Premier African Minerals, says a study from consultant Bara has confirmed that...
The year 2018 has been a mixed bag of performance for South Africa’s mining industry, with bulk commodity prices continu...
Oct 03, 2018
Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals...
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
