Following its acquisition by FMB Capital of Malawi, Barclays Bank Zimbabwe, says it is investing around $10 million in r...
May 31, 2018
Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country b...
Half of Mozambican building contractors are on the verge of declaring bankruptcy as a result of the economic crisis in t...
The Mozambican government has decided to increase the minimum capital of insurance companies from 33 million meticais (E...
First Mutual Properties is working on modalities to scale down the $50 million investment, which was initially earmarked...
May 30, 2018
LISTED construction firm Masimba Holdings is putting final touches to the construction of Old Mutual’s $21,4 million Sma...
Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. Th...
Tanzania has directed multinational companies operating in the country's extractive sector to open local bank accounts s...
Kenya's largest telecoms operator Safaricom could be forced to offer rivals access to its transmission sites and its vas...
The Harare High Court has revoked a ban by the Reserve Bank of Zimbabwe (RBZ) preventing cryptocurrency exchanges from a...
South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($...
Telkom SA will focus on new revenue streams such as mobile and broadband, its CEO said after full-year earnings at South...
May 29, 2018
Sugar producer Tongaat Hulett TONJ.J said on Monday its full-year profit fell by 37 percent, weighed down by higher-than...
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...
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p
