ZIMBABWE should abandon its old thermal power stations, which have become a major financial drain and invest in brand ne...
Mar 05, 2018
Zimbabwe Consolidated Diamond Company (ZCDC) will spend at least US$200 million in 2018 open new mines in the eastern pr...
Mar 02, 2018
THE National Railways of Zimbabwe says it is targeting to register over $90 million in revenues this year, after receivi...
THE central bank this week disclosed that the foreign payment backlog now stretches as far as 12 months for many compani...
THE Zimbabwe Consolidated Diamond Company (ZCDC) is behind schedule in commissioning a 450-tonne per hour conglomerate p...
LOCAL diamond cutting and polishing companies have expanded their operations in the last few months in anticipation of t...
Revival of National Railways of Zimbabwe comes as one of key economic deliverables that will set many companies on a rec...
GRAIN milling company, Blue Ribbon Foods Limited has saved around $4,5 million in the past 18 months after procuring mai...
Banks operating in Kenya and other African countries are the second most profitable globally after those in Latin Americ...
Kenya’s February inflation rate recorded at 4.46 percent, its lowest point since May 2013. This was a drop compared...
The Implats group on Thursday delivered an improved performance at most operations for the half-year ended December 31,...
South African President Cyril Ramaphosa said on Thursday he wants talks on the thorny topic of land expropriation to avo...
South Africa’s wheat imports are expected to more than double to 2.1 million tonnes in 2018 from 935 000 tonnes last yea...
The Mozambican parliament, the Assembly of the Republic, on Thursday passed the first reading of a government bill amend...
Mar 01, 2018
The African Export-Import Bank plans to sell shares worth as much as $1 billion over the next five years to diversify it...
Zimbabwe must offer foreign miners a consistent legal framework, the right to keep a controlling stake in operations and...
Barclays Africa Group, South Africa's No.2 lender by market value, plans to extend its reach throughout the continent, i...
Anheuser-Busch InBev (AB InBev), the world's largest beer maker, expects its new $250 million brewery being built in Sag...
The Mauritius central bank left its key repo rate unchanged at 3.5 percent on Wednesday, the monetary policy committee s...
South Africa's much bigger-than-expected trade deficit in January wiped out 12 consecutive months of surpluses, as expor...
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
