The World Bank today approved a $180 million International Development Association (IDA) Guarantee to mobilize private s...
May 10, 2018
Safaricom, Kenya’s largest listed company beat analyst expectations with a 19.9% jump in its full year 2018 net income t...
It was just a matter of time before the world’s largest retailer got its hands on the biggest e-commerce company in the...
South Africa's consumer price inflation is under control but it is too early for the central bank to declare victory in...
Mozambique's annual consumer price inflation slowed to 2.33 percent year-on-year in April from 3.05 percent in March, th...
Bank of England interest rates looks set to stay on hold on Thursday, after unexpectedly weak economic data and cautious...
LISTED financial services group, Zimre Holdings Limited (ZHL), recorded a $5,8 million profit during the year ended Dece...
May 09, 2018
ZIMSWITCH Technologies, a company that provides interoperability for local financial payment systems, has intr...
THE monthly food basket for a family of six increased by 0.49 percent to $591.98 in April due to the persistent cash sho...
The Infrastructure Development Bank of Zimbabwe (IDBZ), has obtained board approval to spend $10 million to acquire land...
THE Reserve Bank of Zimbabwe (RBZ) says the increase in the price of bread to $1 from 90 cents was arrived at following...
Aim-listed mining and resource development company Vast Resources achieved record first-quarter gold production of 6 326...
May 08, 2018
Zambia concluded audits of mining companies that prompted the nation to slap Canadian miner First Quantum Minerals with...
Vivo Energy, a leading retailer and marketer of Shell-branded fuels and lubricants in Africa, has listed on the London S...
Cement consumption has reduced by 6.2 million tonnes for the first time in 17 years because of low demand, the Economic...
Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite...
Eskom coal and open cycle gas turbines (OCGT) costs are still within the budget approved by the National Energy Regulato...
President Donald Trump said on Tuesday he was reimposing economic sanctions on Iran and pulling the United States out of...
South Africa's Barloworld Limited on Tuesday said it expected its half year profit to rise by as much as 20 percent boos...
South African hotel and casino operator Sun International Ltd said on Tuesday it planned to offer 25.9 million shares in...
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
