Crisis-hit South African retailer Steinhoff raised 3.66 billion rand ($311 million) from the sale of a 16.7 percent stak...
Mar 15, 2018
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...
Nigeria's total national debt grew to 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-gen...
Annual inflation in Nigeria fell to its lowest level in almost a year in February and slowed for a 13th month in a row l...
Kenyan fuel distributor KenolKobil said on Wednesday its full year pretax profit for 2017 rose slightly to 3.68 billion...
Nigeria plans to raise 70 billion naira ($222 million) via a sovereign bond sale next week, the Debt Management Office (...
Africa has raised us$53 billion from its growing capital markets since 2013, with 2017 recording significant recovery ba...
Mar 14, 2018
STABILISATION of credit rating entails that Zimbabwe’s risk profile has improved and the country now has an opportunity...
FUEL, cooking oil and electricity are on average chewing more than half of the $230 million allocated for imports monthl...
Harare- Truworths, Zimbabwe’s top apparel retailer and a Zimbabwe Stock Exchange listed company has reported that sales...
Zimbabwe’s newest milk processor, ProDairy has invested $1,6 million in an ambitious project in which it is hoping to dr...
South Africa plans to use optimism generated by political changes in the country to tap international bond markets for u...
South Africa’s manufacturing output rose 2.5% year-on-year in January after expanding by a revised 1.8% in December, Sta...
Inflation in the first two months of this year, has remained relatively low, at less than one per cent, according to the...
Mozambique’s Prime Minister Carlos Agostinho do Rosario announced on Monday that the government had set aside 2.7 billio...
Brazil has improved its food safety standards and is working with trade partners to prevent importers from banning Brazi...
Rwanda's economy grew 6.1 percent last year, accelerating slightly from 5.9 percent in 2016, boosted by better performan...
ZIMBABWE’S life assurance industry gross premiums grew by 4% to $272 million in the third quarter of 2017, a report by t...
Mar 13, 2018
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
