South African construction group Murray & Roberts, currently the subject of a takeover bid by German investor ATON,...
Apr 05, 2018
The Kenyan shilling was stable on Wednesday, with tight liquidity in the market making it slightly more expensive to hol...
Old Mutual’s life business recorded an overall sharp profitability growth in the full year period to December 2017. T...
Apr 02, 2018
HARARE- FBC is set to launch a digital artificial intelligence powered program commonly known as chatbot as it migrates...
Mar 29, 2018
RAINBOW Tourism Group (RTG) Limited chief executive officer, Tendai Madziwanyika says the company is targeting 500 home...
GOVERNMENT has gazetted two Statutory Instruments allowing IPEC to register microinsurance companies and effectively peg...
Agribank recorded a 65% growth in profit after tax to$7.9 million for the year 2017 compared to $4.8 million in 2016 lar...
Zimbabwe on Wednesday added 300 megawatts (MW) to its national power grid and President Emmerson Mnangagwa said work t...
I&M bank has announced a decline of 6.4% in its Profit After Tax for the year ended 31 December 2017 closing in at S...
Warsteiner, the premium beer from Germany’s largest private brewery, is now available in Kenya. The new entrant is targ...
South Sudan shut down mobile operator Vivacell's service overnight, demanding $66 million in licence fees and locking ou...
The price of petrol and diesel are expected to go up on April 4, as fuel and Road Accident Fund (RAF) levies increase....
South Africa’s Sanlam has raised R5.7 billion ($490 million) from selling new shares to help fund its joint acquisition...
Vodafone will launch voice service in Zambia within three months under a newly acquired licence from the Southern Africa...
Mar 28, 2018
SimbaPay, a London-based digital money transfer provider, has launched an Artificial Intelligence-powered chatbot servic...
Glencore is considering a bid for the Optimum coal operations in South Africa, which it sold in 2015 to a company part-o...
Increasing the demand for mining goods and services is necessary to grow this industry in Africa, Southern African Devel...
ZIMBABWE is among the few countries in Africa that are experiencing a rise in individual income and corporate tax revenu...
SHURUGWI-BASED Golden Quarries gold mine, a subsidiary of Falcon Gold, has resumed operations after having its water and...
THE country’s leading financial institution, CBZ Bank, has grown its overall loan book to about $941 million as it conti...
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
