African leaders agreed on Wednesday to form a $3 trillion continental free-trade zone encompassing 1.2 billion people, b...
Mar 22, 2018
Rwanda’s economy grew by 6.1% in 2017 beating 5.2% projections set earlier. The growth is attributed to good performance...
BitPesa, a payments and digital foreign exchange platform that is facilitating intra-African trade, has launched its ope...
market, which was traditionally dominated by giants such as Mahomed Mussa. The company says its rapid penetration of the...
SIMBISA Brands Limited’s shareholders yesterday unanimously gave directors the green light to acquire a 50 percent stake...
Zimbabwe’s tax agency has extended its amnesty on outstanding levies that were accrued prior to December 1, 2017, with t...
Zimbabwe expects tobacco production to increase by nearly six percent to 200 million kilogrammes this year from 189 mill...
ZIMBABWE’S nostro premiums have dropped from average 60 percent to about 25 percent as a result of improved exports, Dia...
BULAWAYO- CBZH, the country’s top bank by asset size, has officially launched the second edition of the International SM...
NicozDiamond Insurance Limited group’s total income surged to $2,97 million in the financial year ending December 31, 20...
Mar 21, 2018
Zambia expects to produce more than one-million tonnes of copper this year after revising its 2017 copper production upw...
Glencore chief executive Ivan Glasenberg said that the automotive industry is waking up too late to the fact that the Ch...
Central Bank of Kenya Governor Dr Patrick Njoroge has confirmed that proceeds from the recent Sh 202 Billion ($1.999Bn)...
M-Kopa Solar has received a $10 million investment from FinDev Canada. The investment comes after the company completed...
In Summary At 83 per cent, Kenya is now at the top, with Nigeria coming in second at 81 per cent. This has b...
Manufacturing companies have become the biggest bank loan defaulters that also contributed the most to last month’s incr...
The amount of delayed payments by the government of Mozambique concerning its foreign debt has reached $636 million (€51...
Telkom raised R1 billion ($83 million) in its first debt issue of the year as South Africa’s biggest landline provider l...
Malawi's consumer inflation quickened to 8.1 percent year-on-year in February from 7.1 percent in January, official data...
The World Bank agreed a $600 million loan and grant to Ethiopia on Tuesday to fund roads and other infrastructure projec...
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
