HWANGE Colliery Company Limited (HCCL) is expected to haul 300 000 tonnes of coal beginning this month, as the coal mine...
Jun 07, 2018
First Mutual Holdings Limited (FMHL) will increase its stake in NicozDimond Insurance Limited (NDIL) to 100 percent if s...
South Africa's business confidence fell for a fourth month in a row in May, mainly due to a slide in trade activity and...
Impala Platinum's Zimbabwean subsidiary said on Wednesday it had agreed to give up nearly half of its mining land to the...
Harare - State owned POSB said it is in the process of digitising the bank in line with sector trends and a way to remai...
Jun 06, 2018
At a launch event held recently for the third phase of the “Fit for Life” programme, the Barclays Bank of Zimbabwe Manag...
Dublin-based renewable energy generator Mainstream Renewable has secured funding to develop two South African wind power...
FINANCE minister Patrick Chinamasa says the government is now pursuing a new model on investment that prioritises equity...
Earnings from Rwanda's mineral exports more than doubled to $373-million last year from the previous 12 months, supporte...
Aim-listed Premier African Minerals (Pam) has entered into a loan agreement with a company, owned by a trust of which it...
The government is partnering the State-owed Industrial Development Corporation (IDC) to establish a junior miners’ fund...
South Africa's real gross domestic product expenditure fell by 2.5 percent in first quarter after expanding by 3.1 perce...
THE monthly food basket for a family of six declined by 0,34 percent to $589,58 in May due to a reduction in meat prices...
THE National Railways of Zimbabwe (NRZ) has surpassed its first quarter revenue target of $18 million by five percent dr...
Small scale miners got a reprieve after Government temporarily shelved mining fees levied on them as part of efforts to...
GIANT clothing manufacturer and retailer, Edgars Group, says it will soon resume garments and clothing exports into the...
Jun 05, 2018
THE National Railways of Zimbabwe (NRZ) is working on increasing its revenue streams by expanding its property portfolio...
Listed property firm Mashonaland Holdings Limited says it has made progress on the development of two residential projec...
Tanzania's economy is expected to grow by 7.2 percent in 2018, up from around 7.1 percent last year, and the fiscal defi...
* April exports up 14 pct y/y vs Reuters poll of 6.3 pct rise * April imports up 9.1 pct y/y vs poll forecast of 3.1 pc...
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