Africa’s richest man, Aliko Dangote has renewed his interest in investing in Zimbabwe, but seems to have moved away from...
Apr 13, 2018
The Zimbabwe Anti-Corruption Commission has launched an investigation into The Cotton Company of Zimbabwe amid revelatio...
The cancellation of the Geiger International road dualisation deal has exposed that incompetence and corruption abounded...
The governor of the Bank of Mozambique, Rogério Zandamela, said yesterday that his institution was trying to persuade co...
The central bank of the Democratic Republic of Congo (DRC) cut its monetary policy rate by 600 basis points to 14.0 perc...
The search for a single East African currency is set to go a notch higher as the regional parliament prepares laws for s...
The value of mobile commerce transactions, including those designated as Pay Bill and Buy Goods and Services, has passed...
Annual inflation in Nigeria stood at 13.34 percent in March, down from 14.33 percent in February, the National Bureau of...
Namibia's consumer inflation was unchanged at 3.5 percent year-on-year in March, official data showed on Thursday. On...
Troubled South African retailer Steinhoff, raised 3.75 billion rand ($314 million) from the sale of a 6 percent stake in...
Diageo's East African Breweries (EABL) will start producing Captain Morgan rum locally as part of wider investment in it...
Zambia's $8.7 billion foreign debt has not been understated and those saying it is higher should produce evidence, the m...
LIQUID Telecom has stepped up efforts to sign on more businesses to adopt Microsoft’s cloud services following a partner...
Apr 12, 2018
Zimnat Life Assurance has launched a new low income group life product targeted at the civil service, private sector and...
Seed Co, Zimbabwe’s biggest supplier of a variety of certified crop seeds, has introduced a new climate smart variety of...
PARAFFIN, a key energy source for low-income households, is currently in short supply and mostly available at higher pri...
Zinc prices are expected remain buoyant in the coming years after reaching their highest levels in a decade because of a...
Apr 11, 2018
Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertai...
South Africa's state power utility Eskom is sounding out possible buyers for its mortgage business, a tender document sh...
Troubled South African retailer Steinhoff plans to sell 6 percent of its domestic Steinhoff Africa Retail operation to...
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
