The South African Department of Trade and Industry (dti) is leading a black industrialists business delegation to Mozamb...
Mar 06, 2018
The signing of new contracts for the sale of Mozambican natural gas, namely to China, as well as the government approval...
South Africa's economic growth forecasts will likely be revised upwards by the time the medium-term budget outlook is an...
Eskom intends to reduce its employee headcount by 4.2percent to 31675 for2018/19, but yesterday said that retrenchments...
Ziscosteel is waiting for the proposed Chinese investor, Tian Li to show up and lead the revival of the former giant ste...
The 2018 tobacco selling season commences on March 21 this year, the industry regulator has said. In a statement on Sund...
Zimbabwe’s funeral assurers’ net premium written for the quarter to September 30, 2017 rose by 11 percent to $125,36 mil...
At least $125 million is required to extend the lifespan of Murowa Diamond Mine by an additional three years, and to pus...
HWANGE Colliery Company Limited (HCCL) needs $500 million to fully recapitalise its operations and working capital of $5...
The last two weeks in South Africa have felt like an economic roller coaster. Zuma’s resignation and Cyril Ramaphosa’s a...
Mar 05, 2018
Transnet has launched a new company, Transnet International Holdings (TIH) to facilitate multiple rail, port and pipelin...
JOHANNESBURG - Nedbank on Friday said it was well placed to shrug off competition from tech-savvy new entrants Discovery...
The Mozambican government may have to borrow an additional US$2.3 billion to secure the participation of the National Hy...
China aims to pursue "stable and healthy development" of the property market in 2018 with an increased focus on providin...
The retail price of petrol and the wholesale price of diesel in South Africa will fall on Wednesday after the rand stren...
Mobile telecommunications firm NetOne has appointed Lazarus Muchenje as chief executive officer effective April 1, a pos...
The 2018 tobacco marketing season begins on March 21 amid expectations that will ease the prevailing foreign currency sh...
THE Zimbabwe International Trade Fair (ZITF) Company has sold 75% of its exhibition space, as preparations for this year...
TRADE between Zimbabwe and Botswana has remained insignificant, as the former contributed only $21,5 million to the latt...
Small and medium-sized enterprises in Africa’s infrastructure sector are set to benefit from an African Guarantee Fund f...
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