The National Cashew Institute in the province of Zambézia sold 17,056 tonnes of cashew nuts in the first quarter of this...
May 07, 2018
French energy giant Total SA plans to boost oil exploration and open more fuel stations in Africa’s most industrialised...
May 06, 2018
The International Monetary Fund (IMF) has approved a new three-year $112.3 million loan arrangement for Malawi to assist...
Tunisia’s annual inflation rate rose to 7.7 percent in April from 7.6 percent in March, official data showed on Saturday...
Africa's biggest securities exchange, the JSE Ltd is crafting tighter disclosure rules for companies with listed debt in...
Sibanye-Stillwater said on Friday that it would this year start a process of finding a new external auditor for 2019 to...
PGM production at Mimosa mine for the three months to March 31, 2018 increased marginally to 30,129 ounces compared to 2...
May 04, 2018
DELTA Corporation says the viability of its Shumba Maheu business unit with a monthly turnover of over US$1 million is b...
Dairy production in the first quarter of 2018 has been hampered by the shortage of foreign currency and the prevalence o...
OPERATIONAL challenges at Hwange Colliery Company Limited have hit hard on Zimbabwe Chemical Refineries (Zimchem), which...
Brainworks, the Zimbabwean-focused investment company, will prioritise beefing up its balance sheet with a view to makin...
Vantage Capital, a mezzanine fund manager based in South Africa, has announced that it has funded Rosslyn Riviera Shoppi...
Diversified miner Glencore on Thursday reported that its production for the first quarter was largely in line with expec...
Zimbabwe’s government plans to sign a $700-million deal with an investor that will develop a coal-bed methane site, Mine...
KPMG's scandal-hit South African arm lost another major client on Thursday when Barclays Africa Group dropped it as join...
May 03, 2018
U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buyi...
Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday after the stock fell nearly 9 pe...
South African power utility Eskom, which is struggling from a financial crisis, said on Thursday that it would not resor...
South African gold producers agreed a 5 billion rand ($400 million) class action settlement on Thursday with law firms r...
Mozambique’s public electricity company (EDM) needs $6.6 billion (€5.5 billion) to ensure everyone has access to electri...
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
