Retail giant, OK Zimbabwe says it was forced to raise prices in the past year due to cost of sourcing foreign currency,...
May 24, 2018
GOVERNMENT is now fine – tuning the implementation matrix of the $1 billion investment into the Zimbabwe Iron and Steel...
South African gold miner AngloGold Ashanti plans to cut 2,000 jobs at its domestic operations, it said on Wednesday....
May 23, 2018
Malawi's economy is expected to grow 5.1 percent in 2018, supported by more infrastructure investment and social spendin...
Zimbabwe will not require foreign mining companies to list locally as previously announced and will remove the clause fr...
Ethiopia's state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its inf...
Software Group, which is headquartered in Nairobi, is expected to install agency, Internet and mobile banking platforms...
Sitting outside the ramshackle Vimba Tavern in Johannesburg's Alexandra township, Patrick Mashego swigs from a...
JOHANNESBURG - South African-based Murray & Roberts has agreed in principle to take over construction firm...
South Africa Finance Minister Nhlanhla Nene said on Tuesday that the outlook for tax revenues remain unchanged, in a blo...
GOVERNMENT has raised concerns over lack of investment into exploration in mining amid palpable fears that without new m...
Surface Wilmar Group Zimbabwe is set to acquire a 50 percent stake in the Cotton Company of Zimbabwe (Cottco)...
Shareholders of Barclays Africa Group Ltd (JSE:BGA) have given approval for the entity’s name to be changed to Absa Grou...
May 18, 2018
Zimbabwe will soon launch a new mining policy targeting to grow the industry to $17 billion by 2030, driven by a wave of...
OLD Mutual plc plans to delist its shares from the Zimbabwe Stock Exchange (ZSE) on Friday June 29 as part of the group’...
Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to $82-billion, a 2% increase on...
The Punitive 15 percent value added tax, higher fuel levy, and violent strikes all contributed to the weakening of trade...
Zimbabwe has signed a US$153 million loan agreement with the China Eximbank to expand its international airport in the c...
Aspen Pharmacare, Africa's biggest generic drugmaker, said on Thursday it had secured a 3.4 billion euro ($4 billion) cr...
THE $500 million Zisco Debt Assumption Bill now awaits Presidential assent after it sailed through third reading in the...
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
