South African power utility Eskom, which is struggling from a financial crisis, said on Thursday that it would not resor...
May 03, 2018
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...
Business consultancy BMI Research forecasts that Mozambique’s economy will grow 3.6 percent this year and that inflation...
Low cost carrier, fastjet, ended the first quarter of 2018 with an on-time performance of 90% across its network, underl...
Tobacco prices obtaining at the floors this year are better than last year with associations attributing the trend to st...
ZIMRE Properties has started construction of its $13 million mall in Victoria Falls following approval by coun...
Point of Sale (POS) machines increased 20 percent to 70 000 from 56 000 units by end of last year as the country moves c...
The cost of setting up a new business in Mozambique rose 468 percent in three years, the Confederation of Mozambican Eco...
Despite low levels of water in the Zambezi River, the Cahora Bassa dam, in Mozambique’s western province of Tete, genera...
South African poultry producer Astral Foods Ltd on Wednesday flagged a more than five fold jump in half-year earnings, s...
South Africa's Harmony Gold Mining Company said on Wednesday bullion production was flat for the third quarter but was e...
Stanbic Bank Kenya, a subsidiary of South Africa’s Standard Bank Group, has raised a $100 million dual-tranche syndicate...
SHABANIE-Mashaba Mines (SMM) Holdings has started delivering asbestos to industry in a major import substituti...
May 02, 2018
LISTED beverages manufacturer, Delta Corporation Limited, says it has so far spent close to $3 million on its barley con...
The Grain Millers Association of Zimbabwe (GMAZ), has paid $160 million to Government towards the purchase of 2018 maize...
Stanbic Bank Zimbabwe (Stanbic) on Monday unveiled a special facility under which it will provide financing to strugglin...
Tobacco farmers have received $163,8 million after delivering 58,3 million kg to the floors during the first 25 days of...
Choppies Enterprises has begun operations in Mozambique and Namibia as it expands its African footprint and the grocery...
China is now the largest financier and builder of infrastructure in Mozambique, and built the Maputo-Catembe bridge, the...
Finance Minister Mthuli Ncube has proposed to raise the tax on betting winnings to 25% from the current 10%, according to the 2026 National Budget, marking a significant escalation of government’s eff
Finance, Economic Development and Investor Promotion Minister, Professor Mthuli Ncube has tabled the most aggressive mining tax reforms since dollarisation, aimed at lifting the sector’s effective con
Zimbabwe's gold sector continues its meteoric ascent, a testament to resilient operators navigating macroeconomic headwinds and structural reforms amid a global bull market for the yellow metal. In Oc
CAFCA Limited, in a proactive bid to secure energy independence amid Zimbabwe's persistent power challenges, the nation's sole listed cable manufacturer is advancing the installation of a 1.18MW solar
he U.S. President Donald Trump has announced yesterday, the 26th of November 2025 that South Africa would be barred from attending the 2026 G20 Summit, set to be hosted in Miami, Florida. Speaking fr
The Zimbabwe Gold (ZiG) opened the week of 24 November 2025 stronger at 26.2965 per US dollar, marking a notable firming from 26.3218 recorded on Friday 21 November and a significant appreciation from
Zimbabwe's only listed cables manufacturer, CAFCA has faced a challenging fiscal year ended 30 September 2025, marked by an 8% year-on-year decline in volumes that reflects the vulnerabilities of loca
Retail giant OK Zimbabwe Limited has released a crucial market update, providing shareholders and stakeholders with a transparent view of its ongoing battle to return to financial health. Following ca
