South Africa‘s economic recovery will be “weak and choppy” this year after growth dropped below initial expectations, th...
Aug 16, 2018
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...
HARARE –Caledonia Mining Corporation anticipates a positive performance in the last half of the year following a subdued...
Aug 15, 2018
Harare – Nedbank Zimbabwe says it is excited that the momentum created by the rebranding exercise and core banking syste...
HARARE – ZIMPLOW which is the largest manufacturer and distributor of farming implements in sub-Saharan Africa, reported...
Harare – Recently rebranded Nedbank Zimbabwe said it achieved a profit after tax of $4.37 million over the 6 months peri...
Barclays Bank of Kenya has reported a 6.2 % increase in profit after tax to Ksh 3.8 billion for the period ended 30th Ju...
Safaricom shareholders will now vote for the individual agenda items with their mobile devices after the telco announced...
The Australian mining company Mustang Resources on Sunday announced it has raised 1.75 million US dollars through a priv...
THE number of slaughtered pigs has increased by 2,7% in the first-half of 2018 compared to the same period last year, an...
FUNDED income in the banking sector has taken a knock from declining interest and high default rates in the private sect...
IMPROVED profitability in the private sector saw Zimbabwe’s corporate income tax surpassing target by 69,7 percent in th...
AIM-listed Premier African Minerals is fast progressing towards bringing its RHA tungsten mine, in Zimbabwe back into pr...
Zimbabwe’s fish exports volumes declined 12 percent between February and April 2018 from the prior comparable period due...
THE Deposit Protection Corporation (DPC) has paid 76% of compensation to depositors of the defunct Royal Bank, businessd...
Aug 10, 2018
Zimplats’ Bimha mine in April reached its design capacity of 2,2 metric tonnes per annum, producing 31% of the total ton...
VETERAN banker Nicholas Vingirai stands to regain full control of his banking assets which were controversially seized b...
SOUTH Africa headquartered engineering and steel firm, Tamuda Investment Group (TIG), has opened a steel and pipe busine...
Gold miners have hauled 21 tonnes in seven months to July 31 this year, shredding all records set since 2009, spurred by...
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
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
