NMB Bank has secured a $15 million line of credit facility for exporters as part of its efforts to enhance exports that...
Jul 04, 2018
hina's shift to consumption-led growth will have mixed credit implications for African sovereigns, flattening the trade...
Glencore tumbled the most in two years as its African troubles escalated dramatically after US authorities demanded docu...
Mozambique’s prime rate, the country’s benchmark interest rate, was kept unchanged at 22.5% in July, the Bank of Mozambi...
HARARE-Barclays bank Zimbabwe has entered a new transitioning phase after shareholders voted in favour of co–rebranding...
Jul 03, 2018
Harare - State-owned mobile telecommunications firm, NetOne says it has seen it fit to introduce DStv payments via their...
AFRICAN Sun Limited has appointed Mr Alex Makamure as new board chairman replacing Mr Herbert Nkala who has retired from...
Shareholders of Zimbawbe Stock Exchange (ZSE) listed short-term insurer NicozDiamond Insurance Limited (NDIL) have appro...
National Tyre Services Limited (NTS) profit for the year to March 30, 2018 jumped 175 percent to $117 851 from a loss po...
Zimbabwe’s capital markets are set for their most significant development in recent years as President Mnangagwa officia...
AGRIBANK has secured $10 million from the Egypt-based African Export-Import Bank (Afreximbank), which will be channelled...
Anglo-American Platinum (Amplats) shares rose more than 5percent on the JSE on Friday after the group released a favoura...
South Africa needs to improve its governance and regulatory transparency to attract more foreign direct investment (FDI)...
Harare - The African Export-Import Bank (Afreximbank) has introduced MANSA Repository, a customer due diligence platform...
Jul 02, 2018
The retail price of petrol in South Africa will rise by more than 1.5% from July 4, while the price of wholesale diesel...
South Africa recorded a R3.52billion trade surplus in May from an upwardly revised R1.17bn in April. Data from the SA R...
Zimbabwe’s current account deficit will widen by 0,8% by year end on the back of an increased foreign currency supply le...
GOVERNMENT has formed a new company, Hwange Electricity Supply Company (Hesco), to manage power generation under the $1,...
INTEGRATED telecommunications firm, TelOne, continues to show signs of recovery after narrowing its operating losses by...
RETAIL chain Choppies Zimbabwe on Friday opened its 18th branch in Bulawayo, bringing to 33 the number of branches it no...
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
