Uganda has asked the local unit of South African telecoms giant MTN Group (JSE:MTN) to list some of its shares on the lo...
Aug 20, 2018
HARARE – CABS recorded an increase in profit driven by income from lending activities, the Society said in a statement...
Aug 17, 2018
Harare – ZB Financial Holdings Limited has said it is making satisfactory progress in re-establishing its international...
HARARE – Zimbabwe Stock Exchange listed entity, Dairibord Holdings Limited (DZL.zw) recorded an improved 2018 half year...
Safaricom has signed a new partnership with digital money transfer service WorldRemit to enable instant cross border mon...
CHENGETEDZAI Securities Depository (CSD) has processed in excess of 64 976 securities deposits since going live with aro...
Seed Co will use the US$40 million realised upon the maturity of its stock of Treasury Bills (TBs) in the next quarter t...
Foreign investors are dominating the local mergers and acquisitions scene with 73% of all approved mergers since June 20...
Zimbabwe is looking forward to develop about 1 000 hectares of cut flower plantations – mostly roses – in the next five...
The Mozambican government, in partnership with the African Development Bank (AfDB), has invested US$44 million in the pr...
South African fashion retailer Truworths International reported a 7.3 percent fall in annual profit on Thursday, in line...
HARARE – Zimbabwe’s annual rate of inflation for July, 2018 accelerated by 1.38 percentage points to 4.29 percent as the...
Aug 16, 2018
Zimbabwe’s consumer price inflation jumped by 1,38 percent to 4.29 percent in July, the national statistics agency said...
National milk production has been consistently higher this year with output having increased by 12 percent in the first...
NATIONAL cotton deliveries by farmers have reached 120 000 tonnes, exceeding this year’s target by 20 percent, the lates...
The Mozambican economy grew 3.2 percent in the first half of this year, according to data released by the government on...
The Mozambican government on Wednesday announced increases in the price of petrol and diesel, taking effect as from Thur...
South Africa‘s economic recovery will be “weak and choppy” this year after growth dropped below initial expectations, th...
Ghana’s central bank plans to prosecute executives of failed local lenders suspected of dissipating depositors’ funds an...
South Africa has raised import duties on sugar to $680 from $566 a tonne to protect the domestic industry against a surg...
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
