Government has proposed a one percentage point increase in the value-added tax (VAT) rate to 15%. The increase was wide...
Feb 22, 2018
An IAEA (International Atomic Energy Agency) Advisory Mission to Mozambique, conducted as part of a project to support A...
The Mozambican government has announced a five per cent increase in the price of kerosene, taking effect on Wednesday, b...
The government will pay 17 percent of the state’s debt to private sector suppliers this year, Deputy Minister of Economy...
Kenyan mid-tier Commercial Bank Africa (CBA) has acquired Crane Bank Rwanda from Uganda’s Dfcu Bank (USE:DFCU). CBA s...
Zambia's central bank continued to ease its monetary policy stance by cutting its policy rate and the reserve requiremen...
Glencore and Randgold Resources are among major mining companies in the Democratic Republic of Congo clubbing together i...
Feb 20, 2018
The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine o...
Anglo-American Platinum’s local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an incre...
The Mozambican government plans to surrender management of nine national airports to private companies as a way of impro...
Locomotives, wagons and coaches delivered by the Diaspora Infrastructure Development Group (DIDG) to National Railways o...
China was the top country that advanced bilateral loans to Kenya in 2017, latest data from the Treasury shows. China gav...
Ingvil Smines Gjedde, Deputy Minister of Oil and Energy of the Kingdom of Norway, is visiting Mozambique from this Monda...
Zambia will rearrange loans from Chinese companies and instead look to borrow directly from the Asian giant’s government...
Zimbabwe’s central bank said it plans to sell bonds for citizens outside the country to invest in gold and tobacco outpu...
A tariff on steel imports to the United States could hurt theSouth African sector which has battled against cheap import...
State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal...
South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the c...
Production of tea, Malawi's second largest export commodity after tobacco, rose 6 percent to 45.6 million kilograms in 2...
Harare- Simbisa Brands, a local quick service restaurant brand, with a huge regional exposure and a listing on the ZSE,...
Feb 19, 2018
Mimosa, the 50:50 joint venture between Impala Platinum (Implats) and Sibanye-Stillwater has recorded a 5% decline in 6E in concentrate production to 123,000 ounces in the six months ended 31 Decembe
Zimplats, Impala Platinum’s key Zimbabwean operation, achieved a strong 13.2% increase in 6E production in matte including concentrate sold to Impala Refining Services to 317,000 ounces in the six mon
The Pfuma Fund Real Estate Investment Trust (REIT) has achieved full subscription of its US$25 million private placement, a result that comes at a time when foreign direct investment into Zimbabwe rem
Zambia, Africa’s second-largest copper producer, is on track to exceed 1 million tons of copper output in 2026, building on a record-breaking year in 2025 when production climbed by 8% to nearly 890,3
Gold prices have seen an escalation of its already historic bull run, surging past the $5,500 per ounce level on January 29, 2026, and reaching $5,550 in spot trading. This marks a fresh all-time high
The diamond industry, long synonymous with luxury, rarity, and enduring value, is undergoing a profound transformation due to the rise of lab-grown diamonds. These synthetic gems, chemically identical
Libya’s central bank has escalated Zimbabwe’s unresolved external debt problem into a UK courtroom, suing the country’s finance ministry and state oil company for more than US$100 million according t
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric
