Finance and Economic Planning Minister Patrick Chinamasa is optimistic Zimbabwe will meet its 4,5 percent economic growt...
Mar 16, 2018
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...
Crisis-hit South African retailer Steinhoff raised 3.66 billion rand ($311 million) from the sale of a 16.7 percent stak...
Ghana's annual consumer price inflation edged up to 10.6 percent in February from 10.3 percent the previous month, mainl...
The International Monetary Fund (IMF) on Wednesday approved a three-year, $157.6 million credit facility for Burkina Fas...
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
