South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the c...
Feb 19, 2018
South Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue...
GWERU-based ferrochrome producer, Zimbabwe Alloys (ZimAlloys), has started exploiting alluvial concentrates, at its clai...
Feb 16, 2018
Spirits and wines maker, African Distillers Limited’s (Afdis) says demand for its products remained buoyant but could no...
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...
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Embattled diversified company RioZim Limited has widened its loss position, which more than quadrupled to ZWG 628.4 million from ZWG 107.7 million in FY2024, weighed down by a 54% plunge in gold produ
