Reuters) - The International Monetary Fund (IMF) has approved a new three-year $112.3 million loan arrangement for Malaw...
May 01, 2018
Botswana's central bank left its benchmark lending rate unchanged at 5 percent on Monday, saying the outlook for price s...
The Tanzanian government has begun a pre-paid services project to supply liquefied natural gas (LNG) to homes across the...
Apr 30, 2018
GOVERNMENT, through the Environment Management Agency (EMA), has partnered a South African engineering firm, Boltgas, to...
DELTA Corporation says the prevailing foreign currency challenges have negatively impacted on its soft drinks and Chibuk...
An Australia-listed firm Prospect Resources, says it has set aside at least $25 million to fund the construction of a mi...
HWANGE Colliery Company Limited (HCCL)’s Three-Main Underground Mine is expected to increase capacity by 400% to 50 000...
Stanbic Bank Zimbabwe has innovated its offering to support exporters by meeting their immediate working capital require...
A stronger mining performance at Impala Platinum’s (Implats’) Impala Rustenburg and Marula operations resulted in a 17%...
Apr 29, 2018
Zimbabwe Miners Federation (ZMF), has drawn down $80 million of the $150 million Gold Development Initiative Fund to ram...
Russia considers Mozambique as a country of opportunity to accommodate its economic interests in the exploration of oil,...
The retail price of petrol in South Africa will rise by 3.4 percent from May 2, while the price of wholesale diesel will...
Tanzania has approached the African Development Bank (AfDB) to finance a 2,100-megawatt (MW) hydroelectric plant in a Wo...
Botswana's supermarket chain Choppies Enterprises half-year profits rose 19 percent, buoyed by an improved performance a...
Kenya's energy minister ordered the energy regulatory commission to review electricity tariffs after consumer complaints...
Transactions on mobile phones have more than doubled in value as a composition of global national payments systems (NPS)...
Apr 24, 2018
Zimbabwe’s major cotton seed producer Quton, has released new cotton hybrid seed with a higher yield potential compared...
The World Bank’s shareholders on Saturday endorsed a $13billion (R157bn) paid-in capital increase that w...
Netflix managed to add 7.41 million new subscribers its past quarter, its strongest start to a year since going...
Zimbabwe is committed to clearing its debt obligations with the World Bank, African Development Bank and other financial...
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
