Prodairy, a unit of Probrands says factory capacity has now reached two million litres per month from 1 million litres i...
Mar 13, 2018
CFI reported an 87 percent increase in profit before tax to $2,8 million in the five months to February...
In Summary Nairobi’s occupancy performance was the weakest of the 14 cities assessed with a decline of 11.1...
In Summary Local millers will have access to 600,000 tonnes of maize at $225 per tonne in what will plug a...
Mozambique’s annual consumer price inflation slowed to 2.93 percent year-on-year in February from 3.84 percent in Januar...
Ivory Coast's consumer prices fell 0.6 percent year-on-year in February, down from 0.2 percent inflation in January, dat...
Zimbabwe's state-owned electricity distributor has given businesses, including mines and large-scale farms, six months t...
Mar 12, 2018
Botswana has paid Norilsk Nickel $45 million to settle a dispute after its state-run mining company pulled out of buying...
Foreign airlines are struggling to repatriate at least $60 million to their jurisdictions which may affect their operati...
PROBRANDS managing director, Calum Philp revealed that the main challenge faced by the group’s subsidiary Prodairy was f...
ECONET Wireless Zimbabwe says it has begun the process to invest over $250 million into a solar power systems project am...
Summary * Automakers cutting amount of platinum in fuel-cell cars * Reductions come as fuel-cell tech gaining some t...
BOTSWANA and Zambia have agreed to incorporate Zimbabwe in the US$259 million Kazungula rail and road bridge project as...
The International Monetary Fund (IMF) has warned that Mozambique’s economic growth is likely to decline, while its publi...
Newly appointed energy minister Jeff Radebe on Thursday confidently announced at a media briefing that the 27 outstandin...
Democratic Republic of Congo's economy is stabilising as commodity prices rebound, its central bank said on Friday, reit...
Nigeria's President Muhammadu Buhari has approved an increase in excise duties on tobacco and alcoholic beverages, the f...
Government has met private sector Command Agriculture Scheme loan repayment obligations after farmers paid over 60 perce...
Zimbabwe’s life assurance industry, including reassurers, recorded a four percent growth in gross premiums written to US...
Global refined platinum production is forecast to fall by four percent to 5 850 ounces in 2018 mainly driven by reduced...
Mar 09, 2018
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
