Three mobile operators, Airtel, Telkom, and Safaricom, are set to launch mobile interoperability in Kenya, joining 15 ot...
Apr 10, 2018
In March 2018, Frontier markets recorded a slight growth of 0.2% compared with a 2.2% decline in Emerging markets and...
The Mozambican Tax Authority says that it had collected 34 billion meticais (around EUR 452 million at current exchange...
The Bank of Mozambique has fined 15 financial institutions, including Portuguese-owned banks, for violations of sector l...
Safaricom users will soon be able make transactions online thanks to a new partnership with global online payments platf...
THE ailing Cold Storage Company (CSC)’s market share has shrunk, with the company processing 2% of the country’s 300 000...
THE Competition and Tariff Commission (CTC) approved six company mergers and acquisitions in the fourth quarter of 2017....
HOMELINK Finance has availed a $15 million facility to the leather industry in the country towards retooling and capacit...
ngola’s diamond exports in January brought in the second-highest price per carat ($136.24) for monthly sales since Octob...
Apr 09, 2018
Impala Platinum Holdings said Zimbabwe’s plan to compel mining companies to list the majority of their shares on the loc...
Zimbabwean manufacturers can tap into Botswana’s $6 billion import bill as the neighbouring country has abounding opport...
Tobacco farmers have grossed $25,8 million from 8,9 million kg of the golden leaf delivered, nine days into the 2018 mar...
SINOHYDRO, contracted by Zimbabwe Power Company (ZPC) to undertake the $1,4 billion extension of Hwange Power Station, w...
Zimbabwe’s proposals to compel miners to list the majority of their shares on the local exchange will strangle companies...
Equity Bank has announced new withdrawal charges on its Equity-PayPal withdrawal Service effective March 2018. The new...
Brainworks have released their maiden final results, therefore there are no comparable figures. Revenue for the period c...
Apr 08, 2018
CANADIAN-based mineral exploration company, Chimata Gold Corp, has commenced drilling works at the Kamativi lithium proj...
Apr 06, 2018
ECOBANK Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending to...
Zimbabwe has lost an estimated 15 000 hectares of crops through destruction by the ravenous fall army worm (FAW), while...
I&M Bank Limited, through its wholly owned subsidiary, I&M Insurance Agency Limited (IMIAL) has announced the su...
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
