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...
Mimosa, the 50:50 joint venture between Impala Platinum (Implats) and Sibanye-Stillwater has recorded a 5% decline in 6E in concentrate production to 123,000 ounces in the six months ended 31 Decembe
Zimplats, Impala Platinum’s key Zimbabwean operation, achieved a strong 13.2% increase in 6E production in matte including concentrate sold to Impala Refining Services to 317,000 ounces in the six mon
The Pfuma Fund Real Estate Investment Trust (REIT) has achieved full subscription of its US$25 million private placement, a result that comes at a time when foreign direct investment into Zimbabwe rem
Zambia, Africa’s second-largest copper producer, is on track to exceed 1 million tons of copper output in 2026, building on a record-breaking year in 2025 when production climbed by 8% to nearly 890,3
Gold prices have seen an escalation of its already historic bull run, surging past the $5,500 per ounce level on January 29, 2026, and reaching $5,550 in spot trading. This marks a fresh all-time high
The diamond industry, long synonymous with luxury, rarity, and enduring value, is undergoing a profound transformation due to the rise of lab-grown diamonds. These synthetic gems, chemically identical
Libya’s central bank has escalated Zimbabwe’s unresolved external debt problem into a UK courtroom, suing the country’s finance ministry and state oil company for more than US$100 million according t
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric
