Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertai...
Apr 11, 2018
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...
Brainworks has reported a loss position for the 12 months period to December 2017 as aims to unlock value through a regi...
Just a week ago, the minister of Social Welfare and Labour fired NSSA’s board chairman Robin Vela and one week on, the a...
THE African Medallion Group (AMG) has introduced a $1 billion gold-backed bond certificate, in a development that is exp...
The Zimbabwe Stock Exchange (ZSE) has extended CFI Holdings Limited’s suspension from trading on the bourse by an additi...
TSL shareholders will receive a $4,8 million once-off dividend from proceeds of disposal of the diversified group’s shar...
GOVERNMENT realised a measly $282 million in six years through taxes and dividends from diamond firms that operated in C...
The Bank of Mozambique has fined 15 commercial banks and other financial institutions a total of 316.49 million meticais...
The Emerging Africa Infrastructure Fund (EAIF) on Tuesday announced that it has successfully completed its latest fundra...
Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel’s local unit as a first step to acquiring all of...
Nestle wants to make all of its packaging recyclable or reusable by 2025, the Swiss food giant said on Tuesday, becoming...
The World Bank raised its forecasts for the South African economy on Tuesday but warned that growth potential would rema...
Rwanda's year-on-year inflation edged up to 0.9 percent in March from 0.7 percent in February, the statistics office sai...
Tunisia plans to recover 6.5 billion dinars ($2.72 billion) of bad loans in three public banks as part of its banking re...
South Africa's manufacturing output came in below expectations in February following a run of five months of robust grow...
Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 d...
Libstar Holdings Propriety Ltd, a South African consumer goods company, plans to raise 1.5 billion rand ($124 million) t...
Apr 10, 2018
PPC is weighing expansion into new markets as South Africa’s biggest cement maker seeks to draw a line under a tumultuou...
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
