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
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
