Micro-finance banks face additional capital requirements to provide a buffer against potential financial downturns i...
Mar 01, 2018
Video-on-demand provider iflix has signed a partnership with Safaricom as it aims to grow the number of subscribers loca...
East African Portland Cement Company (EAPCC) has announced that its net loss for the six months to December has worsened...
Australia-listed lithium company Prospect Resources has added to its lithium resource base in Zimbabwe by exercising an...
Ghana will certify the value of gold exports as part of efforts to tighten controls on the sector to ensure the state re...
Zimbabwe aims to supply 10% of the world's lithium and could reach 20%, the mines minister from Africa's top producer of...
The Bank of Mozambique on Monday lowered its benchmark interest rates by 150 base points. A statement from the Bank’s Mo...
The SA Poultry Association (Sapa) has welcomed the decrease in cheap poultry imports from the EU, the largest dumpers of...
South Africa took a step on Tuesday to hasten the transfer of land from white to black owners when parliament backed a m...
Inflation – depending on the way it swings – can be a boon or a burden for retailers. Just ask Shoprite. South Africa’s...
Power utility Eskom was dealt another blow on Wednesday when ratings agency S&P Global announced a further downgrade...
Uncertainty around charter has deterred investment into mining sector. South Africa’s new mining minister Gwede Manta...
Zimplats reported a 30 percent increase in net profit to $21 million for the six months to December, 2017 from $16,2 mil...
Grain milling company, Blue Ribbon Foods Limited says it is working on diversifying into beverages manufacturing, as inv...
THE Africa Seed Trade Association (AFSTA) has set itself a 2025 target to eliminate the prevalence of fake seed on the c...
Ziscosteel requires at least $1billion to restart operations following its closure about 10 years ago while the new inve...
Finance minister Patrick Chinamasa says the country should permanently embrace mobile and electronic payments as cash-ba...
Feb 23, 2018
BRITISH American Tobacco (BAT) has experienced a 25% increase in profit after tax to $10,57 million in the year ending D...
Kwekwe-based chrome miner African Chrome Fields (ACF) is in talks with a number of potential partners including ZimAlloy...
LACK of trust and confidence in banks is one of the reasons the public are not banking their money, a factor partly to b...
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
