Spirits and wines maker, African Distillers Limited’s (Afdis) says demand for its products remained buoyant but could no...
Feb 16, 2018
THE Zimbabwe Energy Regulatory Authority (Zera) is currently reviewing a tariff increase application filed by the countr...
ZB Financial Holdings on Thursday reported a 36 percent rise in net income to $15,51 million for the full year to Decemb...
Hotelier Rainbow Tourism Group (RTG) on Thursday launched the tourism industry first integrated mobile and internet appl...
Zimbabwe's consumer price inflation quickened to 3.52 percent year-on-year in January from 3.46 percent in December, dat...
South Africa's new leadership will need to be prudent and creative in managing the economy to avoid a credit rating down...
South African assets soared on Thursday with the rand at near three-year highs after scandal-ridden President Jacob Zuma...
S&P Global shows little sign that it will match a move by Moody's and downgrade Kenya, saying its rating could stay...
* Nigerian oil minister Emmanuel Ibe Kachikwu said he was "not ruffled" by the recent oil price decline and OPEC member...
South African stocks index rose as much as 5 percent on Thursday, putting the main index on track for its biggest one-da...
The January inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent from 15.37...
Telecommunications giant MTN is expected to do a public offer to issue 35 percent of its shares to the Ghanaian public b...
Feb 15, 2018
The Central Bank of Egypt (CBE) cut key interest rates by 100 basis points on Thursday, the bank said in a press release...
Moody's Investors Service ("Moody's") has today downgraded to B2 (stable outlook), from B1 (Rating Under Review outlook)...
The proposed Public Entities Corporate Governance Bill has criminalised the award of loans by parastatals to executives...
The Reserve Bank of Zimbabwe (RBZ) is currently working with the banks to find ways of increasing long term cheaper fina...
Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisi...
The Insurance and Pension Commission (IPEC), an industry regulator, has closed down more than 224 occupational pension f...
Fintech is boosting financial inclusion across Africa, according to Ecobank (www.Ecobank.com/group), the leading indepen...
Ratings agency Moody’s has downgraded Kenya’s long-term issuer bond rating by one notch to B2 from B1 with a stable outl...
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
