The World Bank has approved a $455 million loan to Tanzania under its International Development Assistance (IDA) program...
Jun 25, 2018
Shares in British wealth management firm Quilter jumped on Monday following its initial public offering in one of the la...
ZIMBABWE is set to launch its second leather industry strategy next month, which is expected to boost production in the...
Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully...
The Minister of Mines and Mining Development, Winston Chitando, has nominated six people Government wants appointed into...
The re-engagement thrust adopted by President Mnangagwa’s administration since November last year has unlocked opportuni...
Industrial holdings group, TSL Limited, expects to bump profitability in the current financial year on the back of a pos...
Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep i...
The Insurance and Pensions Commission (IPEC) is targeting insurance penetration to reach 7 percent by 2022 compared to t...
Africa’s biggest company Naspers reported a hefty 72% rise in annual profit on Friday, on a strong showing from its Chin...
Tencent Holdings Ltd is joining forces with a finance startup to create a system for over-the-counter bond deals, bankin...
A report by Market and Research shows that the contribution of the agricultural sector to Botswana’s gross domestic prod...
Zimbabwean small-scale miners produced 2.2 t of gold in May, while bigger companies had 1.2 t in output of the precious...
The Kenya Revenue Authority (KRA) has accepted the National Treasury’s proposal to simplify the tax system in the countr...
Harare - The Financial Securities Exchange (Private Limited) in a notice directed to all capital market participants, th...
Jun 22, 2018
Harare-Property concern ZPI said it bore the brunt of portfolio reconfiguration through a short term loss in revenue whi...
During the 2018/2019 budget announcement last week, the Finance Cabinet Secretary Henry Rotich introduced a ‘Robin Hood’...
A New Zealand based investor, Worldwide Capital Corp, plans to invest over $2,2 billion in establishing and financing op...
WHOLESALE prices of table eggs have increased by 57% over the past few years to $4,50 per tray in the first quarter of 2...
THE Zimbabwe Asset Management Company has since its establishment absorbed $1 billion Non-Performing Loans (NPLs) at ban...
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
