Firms will now pay more taxes following a new regime that caps tax deductibles at 2 per cent of the turnover. The new t...
Jun 20, 2018
Zambia Institute for Policy Analysis and Research (ZIPAR) executive director Dr Pamela Kabaso says Zambia needs K6 billi...
* S.Korea exchange Bithumb says system was hacked overnight * Bitcoin down about 70 pct from peak in Dec 2017 * Bitc...
Zimbabwe’s point-of-sale (POS) machine population increased by 18,3 percent in the first quarter of the year to 70 960....
ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund impo...
Sinohydro Corp is moving ahead with the construction of a US$1.4 billion expansion to the Hwange coal-fired power statio...
RAINBOW Tourism Group Limited has posted a 16 percent growth in revenue to $11,1 million from $9,6 million in the first...
Jun 19, 2018
Although traditional retail stores dominate the South African market consumers are choosing the online option for cheape...
The Kenyan government has decided to create an agricultural and non-agricultural exchange according to the Principal Sec...
Mozambican companies’ electricity costs have increased by more than 100 percent over the last three years, damaging the...
The World Bank is satisfied with Mozambique’s performance concerning the repayment of loans granted by the organisation...
Mercantile Bank Holdings Ltd said on Monday that South Africa's Capitec Bank, Nedbank Group and a consortium including t...
HEPS rise to 15 cents a share * Zimbabwe revenue jumps on increased market share * PPC bets on better investment prosp...
In line with its strategy to digitalise its services, the Stock Exchange of Mauritius (SEM) , in collaboration with the...
Jun 15, 2018
Indian soft drinks manufacturer, Varun Beverages on Wednesday commissioned its $40 million Pepsi manufacturing and bottl...
Jun 14, 2018
Hotelier Rainbow Tourism Group (RTG) says improved occupancies across the group’s properties drive a 16 percent growth i...
THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter says foreign currency shortages facing the country c...
ZIMBABWE’s largest platinum miner, Zimplats, recorded a six percent increase in tonnes milled to 1 659 000 during the th...
Kenya could start using the Chinese Yuan as a reserve currency according to central bank governor Dr Patrick Njoroge. T...
Trade between China and Portuguese-speaking countries from January to March 2018 totalled US$30.188 billion, a year-on-y...
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
