SOUTH Africa's big banks continue to rake in profits despite a subdued economy and a rise in policy uncertainty bedevill...
Sep 10, 2018
AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to impr...
Nine companies have been granted Special Economic Zone status in a development that will expedite Government’s drive to...
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response t...
Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Mar...
Harare – Zimbabweans in the diaspora and those in the country will receive benefits for using the Zympay platform, ZB Ba...
Sep 07, 2018
Harare - AIM Listed mining company, Vast Resources reports that its expansion initiatives in Zimbabwe continue to progre...
Harare – Investment holding company, Brainworks Capital revenue for the six months ended June 30 2018 increased by 28 pe...
NATIONAL Tyres Services (NTS), a retailer of new tyres and tubes, is battling the influx of smuggled tyres, new and used...
THE country’s manufacturing sector capacity utilisation is set to exceed 50 percent this year on the back of gains achie...
A report by professional services firm PricewaterhouseCoopers (PWC) indicates that insurance premiums across Africa are...
South Africa’s ailing economy received a further blow after Moody’s Investors Service slashed the country's growth forec...
Mozambique is joining an international certification process aimed at establishing the origin of diamonds and avoiding t...
The Mozambican Economic Climate Indicator (ECI) fell in July for the third consecutive month, the National Statistics In...
Puma Aviation, part of Puma Energy, the global integrated midstream and downstream energy company, has announced its ent...
Nigeria's central bank has debited Standard Chartered 2.4 billion naira ($7.86 million) after it fined the lender for he...
Harare - CBZ Holding Limited has emerged as the most profitable bank in Zimbabwe after doubling its profit in the first...
Sep 06, 2018
Harare - The President of the African Development Bank, Akinwumi Adesina, has urged Chinese business leaders to attend t...
Harare - Zimbabwe is among Africa Export Import Bank (Afreximbank) countries due to benefit from a $25 billion industria...
The Mozambican government is setting up marketing centres for gemstones and precious metals, in order to capture for the...
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
