As part of its long term virtual banking strategy, Barclays Bank of Kenya has unveiled Timiza offering, a phone-based vi...
Mar 19, 2018
Barclays Bank Kenya has partnered with Visa to introduce the premium Signature credit card in Kenya targeting the growin...
OVER 300 000 CABS depositors will struggle to access their funds, as cash in building society’s coffers significantly dr...
INDIAN soft drinks manufacturer, Varun Beverages, has started manufacturing operations in the country, but says the cost...
Milk processor, Dairibord Holdings Limited, will make a decision on the fate of its Malawi division in the next six mont...
THE National Social Security Authority (NSSA), has started consolidating its investment turnaround through venturing int...
CONGLOMERATE mining production at the Zimbabwe Consolidated Diamond Company (Pvt) Ltd’s (ZCDC) Chiadzwa diamond fields i...
A terminal for the storage and filling of domestic gas cylinders (liquid petroleum gas – LPG) will start operating in th...
According to the British magazine The Economist, the International Monetary Fund’s analysis of Mozambique shows that IMF...
Angola's inflation slowed to 21.47 percent year-on-year in February compared with 22.72 percent in January, data on the...
Barclays Kenya launched an app on Friday to allow customers to borrow up to 150,000 shillings ($1,484) for 30 days using...
Revenue for the year rose to R6.8 billion (R6 billion) and gross profit was higher at R1.44 billion (R1.39 billion). Pro...
Liu He to be a vice premier, Yi Gang to be PBOC chief * Zhong Shan re-elected as commerce minister, He Lifeng as NDRC...
Seven firms have submitted bids to buy a majority stake in Zambia's sole 24,000 barrel per day Indeni Petroleum Refinery...
The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs...
Zimbabwe’s largest financial house, CBZ Holdings reported a 16,8 percent increase in after tax profit to $27,8 million f...
Mar 16, 2018
Dairibord bounced back to profitability with an after tax profit of $1,34 million for the year to December 31, 2017, fro...
AFRICAN Development Bank (AfDB) has extended a $25 million trade finance line of credit to CABS for on-lending to the pr...
Innscor Africa Limited lost 2% or $6 268 952 in revenue during the group’s six months ended December 31, 2017, period du...
Total postal and telecommunication revenue grew 11,2% to $1,15 billion in 2017 driven by an upsurge in the consumption o...
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
