Huawei’s 2018 report entitled ‘Tap into New Growth with Intelligent Connectivity’ has awarded Kenya a global connectivit...
Jun 05, 2018
Shoprite Supermarkets has partnered with Google, Standard Bank, and global mobile payments solutions firm Celbux to intr...
The Mozambican economy grew by 3.2% year-on-year in the first quarter, according to the country’s National Statistics In...
South African auto parts maker Metair has offered to buy Slovenian battery car maker Tovarna Akumulatorskih Baterij for...
Jun 04, 2018
Revenue for the year increased 8% to R21.347 billion (2017: R19.763 billion), profit from operating activities jumped 22...
Barclays Africa plans to join the Nigerian Stock Exchange in July and is exploring opportunities in three other African...
STEWARD Bank has recorded profit before tax of $32,7 million for the full year ended February 28, 2018, a 133 percent ju...
A combination of adverse factors saw pan-African seed giant Seed Co record lower than expected sales volumes and revenue...
Zimbabwe's Parliament has passed amendments to the mining bill after removing clauses that required foreign mining compa...
The National Statistics Institute’s (INE) economic climate indicator registered a slight increase in April, according to...
Bank of Zambia governor Dr Denny Kalyalya says the Central Bank has signed a Memorandum of Understanding with the centra...
South Africa‘s producer price inflation (PPI) quickened to 4.4% year-on-year in April compared with 3.7% in March, the...
Jun 01, 2018
Barclays Bank of Kenya has reported a profit before tax of Kshs. 2.7 billion for the period ended 31 March 2018, a growt...
Kenya's treasury has proposed a 35 percent corporate tax for companies on annual income of more than 500 million Kenyan...
A private Kenyan power firm has signed a 20-year deal to sell 40 megawatts it will generate from a solar plant it is bui...
South African precious metals producer Sibanye-Stillwater is exploring ways to cut debt, it said on Thursday, but ruled...
Barclays Bank of Zimbabwe says it will be operating under a dual brand by October this year following its acquisition by...
MINES minister Winston Chitando yesterday named new boards for the Zimbabwe Consolidated Diamond Company (ZCDC) and the...
STEWARD Bank recorded 176 000 new customers, which helped grow its profit after tax by 268,4% to $22,45 million for the...
THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions...
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
