Redcliff-based steel manufacturer, Steelmakers Ltd has embarked on a three -year expansion programme that will see the c...
Aug 08, 2018
HARARE, August 8 – Zimbabwe’s largest gold producer Metallon says it is planning to plough $350 million in modernising i...
The move last week by NetOne CE to fire 9 executives is a telling case of a company in dire financial straits and desper...
HARARE (EA NEWS)- In light of the escalating tensions at NetOne, the country’s second largest telco operator, embattled...
One million tourist visit last year netted Mozambique more than US$150 million dollars, Minister of Culture and Tourism...
Harare – Leading Platinum Mining Company in Zimbabwe, Zimplats Holding Limited in a report for the quarter ended June 30...
Aug 01, 2018
HARARE – During the week ending 20th July 2018, the total value of transactions processed through the National Payments...
South Africa’s jobless rate stayed near a 15-year high in the second quarter as factories shed jobs. The unemployment r...
Nedbank, working with Mastercard and Entersekt, has launched QR (or quick-response) payments to Masterpass, Pay@, SnapSc...
The South African residential property sector delivered a total return of 12.3% last year, comprising 3% capital growth...
A Chinese-Mozambican consortium, LIS/INSPUR, is now charged with leading the digitisation of Mozambique’s tax collection...
METALLON Corporation Limited yesterday announced a $530 million investment pitch towards modernisation of its four local...
A resurgent currency and the return of foreign investment have helped South African bonds to the top of the emerging...
Jul 31, 2018
Trouble-prone information and communications technology (ICT) group EOH Holdings fell 3.03 percent on the JSE yesterday...
Mozambican exports generated about US$1.1 billion in the first three months of this year, an increase of 19.7 percent ov...
Schweppes Zimbabwe Ltd intends to venture into production of oranges as the company seeks to boost feedstock for its jui...
ZimCoke (Pvt) Limited plans to invest $133 million towards resuscitation of the Coke Oven Battery plant segment of the d...
The country’s biggest retail group, OK Zimbabwe’s revenue for the first quarter of the financial year 2019 rose 20 perce...
The Zimbabwe Asset Management Company (Zamco), a special purpose vehicle created by the Reserve Bank of Zimbabwe (RBZ) t...
Jul 27, 2018
ASBESTOS fibre cement products manufacturer Turnall Holdings will be debt free by the end of the 2019 financial year aft...
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
