THE National Social Security Authority (NSSA) has identified a new company that will re-open its $39 million hotel in Be...
May 18, 2018
THE Insurance and Pension Commission of Zimbabwe (Ipec) says pension funds have more than $28 million worth of unclaimed...
May 17, 2018
ZIMBABWE is still importing grain despite claims by the government that it had stopped doing so in February last year fo...
Zimbabwe’s annual rate of inflation for April rose marginally by 0,03 percentage points on the March rate to 2,71 percen...
Crocodile skin producer, Padenga Holdings Limited’s harvest year to date has amounted to 7 493 skins as the firm remains...
The Arcadia lithium project, in Zimbabwe, is on track to start production in the second quarter of 2019, with developer...
Zimbabwe’s largest financial institution, CBZ Holdings’ total income for the three-month period to March 2018 is up 20.1...
May 16, 2018
According to the Communications Authority of Kenya’s (CA) data, mobile commerce transactions increased by 64 percent to...
In a major foreign policy shift, the United Kingdom (UK) is teaming up with Standard Chartered Bank to lend Zimbabwean c...
hina's foreign minister on Wednesday took a swipe at the United States' trade policy and defended international free tra...
South African mining firm Tharisa has bought a 90 percent stake in Salene Chrome Zimbabwe Limited, it said on Wednesday,...
Ugandan power distributor Umeme Ltd plans to spend $1.2 billion in the next seven years to revamp and expand the grid an...
MINES and Mining Development Minister Winston Chitando says a new gold development policy is being formulated...
AIM-listed Caledonia Mining Corporation plans to increase its stake in Gwanda-based gold producer, Blanket Mine, follo...
HWANGE Colliery Company has suspended its managing director Thomas Makore to facilitate an investigation into allegation...
THE Reserve Bank of Zimbabwe (RBZ) says it continues to engage banks over the cost of borrowing, as directed by Governme...
Safaricom, Kenya’s largest telecom firm, together with Amdocs, has announced the purchase of security software to curb r...
Safaricom launched a voice biometrics system dubbed jitambulishe in December last year with the aim of reducing fraud an...
Private investment firm TPG has paid $47.5million (R581.5m) to acquire an unspecified stake in Kenyan digital payments f...
South Africa’s jobless rate stayed near a 15-year high in the first quarter as optimism following the ascent to powe...
May 15, 2018
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
