DELTA Corporation says the viability of its Shumba Maheu business unit with a monthly turnover of over US$1 million is b...
May 04, 2018
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...
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...
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p
