State oil firm NNPC has awarded 50 companies with contracts to buy Nigerian crude and more than half of them are local f...
May 15, 2018
South Africa aims to finalise a third version of a hotly contested mining charter in June, mines minister Gwede Mantashe...
South Africa's unemployment rate was unchanged at 26.7 percent of the labour force in the first quarter of 2018 compared...
THE Consumer Council of Zimbabwe (CCZ) has reported a 2,88% increase in the cost of living to $591,58 last month from Ma...
PROTON Bakers says it has recorded 400 percent growth in sales in Bulawayo alone where it has created 153 jobs...
THE Zimbabwe Revenue Authority (Zimra) says it surpassed its gross revenue target for April 2018 by 9,81 percent to reac...
The Reserve Bank of Zimbabwe (RBZ) has extended its export incentive to cotton farmers who are set to receive an additio...
Zimbabwe's central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitc...
The growth of bitcoin and other digital currencies is working against the need for the creation of a market-based curren...
Netflix and other so-called “over-the-top” (OTT) Internet streaming services will fundamentally disrupt the pay-televisi...
According to the World Bank’s recent Migration and Development Brief, remittance to low and middle-income countries boun...
May 14, 2018
Kenya and Nigeria have taken first place as the leading agri-tech markets on the continent while Ghana has come third ac...
The Kenya Bankers Association (KBA) has made public its third report on the effect of the interest capping law which pro...
Zimbabwean President Emmerson Mnangagwa said on Monday that Chinese firm Sinosteel Corporation had agreed to invest $1 b...
Caledonia Mining produced 12 924 oz of gold in the first quarter of this year, marginally higher than that produced in t...
The platinum market will move further into oversupply this year, as production from South Africa remains flat and demand...
The 12-month average inflation in Mozambique fell to 9.41 percent in April, according to data from the Mozambican Nation...
Zambia’s leading airline, Proflight Zambia, is set to introduce flights between Harare and Lusaka during the first week...
ZIMBABWE’S top resort town, Victoria Falls, has received a record number of tourists and healthy forward bookings, accor...
THE Ministry of Mines and Mining Development has set a target of producing 75 tonnes of gold annually in the next five y...
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