market, which was traditionally dominated by giants such as Mahomed Mussa. The company says its rapid penetration of the...
Mar 22, 2018
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...
Mozambique on Tuesday presented creditors with three options for restructuring huge debts it is unable to repay until ga...
The world's financial leaders rejected protectionism on Tuesday and urged "further dialogue" on trade, but failed to dif...
Fitch Ratings on Wednesday affirmed its A+ rating on China, and said tighter regulations have curbed financial risks wit...
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
