AFRICAN Development Bank (AfDB) has extended a $25 million trade finance line of credit to CABS for on-lending to the pr...
Mar 16, 2018
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...
Finance and Economic Planning Minister Patrick Chinamasa is optimistic Zimbabwe will meet its 4,5 percent economic growt...
One of African Sun’s hotels — Elephant Hills in Victoria Falls AFRICAN Sun Limited has recorded a 19 percent grow...
Total revenue for the year from continuing operations jumped to GBP10.4 billion (GBP6.2 billion). Profit attributable to...
Revenue for the year increased to R9.517 billion (2016: R8.954 billion), gross profit rose to R1.756 billion (2016: R1.6...
Zimbabwe has attracted around $300 million in its coal industry that will quadruple production next year versus 2017, it...
Ruling party agreed constitution must allow land seizures. South Africa’s government will ensure land reform takes...
Adidas sent a message to investors who had feared a hard landing for the company’s growth story: there’s plenty of life...
Great Dyke Investments (GDI) Ltd said on Thursday it would invest around $400 million to build a precious metals mine an...
Soap and shampoo maker PZ Cussons warned on full-year profit and said it would cut costs as it fights weaker sales in th...
Mar 15, 2018
Stanbic Holdings has reported its numbers for the full year period ended Dec 2017. Notably, non-interest income grew by...
BULAWAYO giant cooking oil manufacturer, United Refineries Limited (URL), has added vegetable juice manufacturing to its...
THE African Development Bank (AfDB) has extended a three and half year $25 million loan facility to the local private se...
THE Zimbabwe Revenue Authority (Zimra) has surpassed its gross revenue target of $322,53 million in February by 5,1 perc...
The US Securities and Exchange Commission (SEC) has slapped KPMG, Deloitte & Touche, and BDO for their involvement i...
Glencore Plc, the world's biggest producer of cobalt, has agreed to sell around a third of its cobalt production over th...
STANLIB Index Investments listed three new Exchanged Traded Funds (ETFs) on the Johannesburg Stock Exchange (JSE), furth...
West Africa's regional BRVM bourse is targeting 12 new listings between 2018-2020, including one bank this year, the Abi...
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
