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...
Edgars Stores Zimbabwe Limited has reported a modest increase in sales volumes for the first half ended February 6, 2024, which contributed to improved profit margins. The Group’s total sales volume
Econet Wireless ,the country’s largest telecommunications operator leveraged AI‑powered analytics to deepen customer insight and tailor services in real time, a strategy that helped propel data traffi
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Caledonia Mining Corporation, Zimbabwe's third largest gold producer, has seen a record-breaking second quarter for gold production in 2025, with output reaching 21,070 ounces (597.32 kg), surpassing
Global markets, Tariff developments, Gold prices, Economic data, Federal Reserve, Trade tensions, Eurozone economy, China's export growth, UK economic contraction, Reserve Bank of Australia.
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global
Zimbabwe’s gold deliveries to Fidelity Printers and Refiners (FPR) in June 2025 reached 4.27 tonnes, marking a significant increase from May’s 3.49 tonnes, driven primarily by contributions from Artis
The Zimbabwe Stock Exchange (ZSE) has officially lifted the suspension of trading in Meikles Limited shares, effective July 14, 2025, following the successful resolution of corporate governance concer
