Picture: Shutterstock Strong growth in ad sales on Google search and YouTube were not enough to offse...
Apr 24, 2018
International Monetary Fund wants additional clarification from Mozambique regarding the resources lent to public enterp...
New York Stock Exchange listed Caledonia Mining Corporation has submitted its bid to takeover some of the Zimbabwe Minin...
Apr 23, 2018
South African retailer Pick n Pay Stores posted a 7.1 percent rise in full-year earnings on Thursday, as the grocer cut...
THE country’s export promotion body, ZimTrade, will facilitate the participation of six export ready Small to Medium Ent...
The continued shortage of foreign currency is making it difficult for industries to import raw materials for use in thei...
Zimbabwe’s mineral exports revenue in the first quarter to March this year rose 14 percent driven by sales in platinum g...
CHINESE electrical engineering giant, CHiNT Electric, has committed a $52 million advance payment demand guarantee for t...
FIDELITY Printers and Refiners (FPR) has paid out US$339 million for the purchase of 7,3 tonnes of gold in the first qua...
The government is examining the blockchain to stop illicit cash transfers according to President Uhuru. Speaking at the...
Mozambican bank Millennium Bim, one of the country’s main banks, posted a net profit of 5.5 billion meticais (74 million...
Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of th...
Morocco’s annual consumer price inflation rose to 2.5 percent in March, up from 1.8 percent in February, mainly due to h...
THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency...
Apr 20, 2018
A majority of listed banks are on track to achieving the prescribed Reserve Bank of Zimbabwe (RBZ) minimum capital requi...
Victoria Falls continues to be dominant as the country’s major tourist attraction centre after recording 20,7 percent ri...
The state’s bad loan special purpose vehicle, Zimbabwe Asset Management Corporation Limited (ZAMCO) has emerged with nea...
The Labour Consultative Commission (CCT), the tripartite negotiating forum between the Mozambican government, the trade...
Apr 19, 2018
The British government has promised to mobilise business in the United Kingdom to channel investments to various sectors...
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
