Kwekwe-based ferro-chrome producer Zimasco has been removed from judicial management and will be handed over to its mana...
Feb 09, 2018
The Zimbabwe Revenue Authority (Zimra) surpassed its January 2018 revenue target after gross collections totalled $350,9...
The African Export and Import Bank (Afreximbank) has expressed an interest in financing agro-processing projects in Moza...
The rating agency Standard & Poor’s (S&P) expects Mozambique’s economy to accelerate to 4.5 percent this year an...
Mozambique’s economic growth will depend on the country’s economic diversification and demographic transformation in the...
South Africa’s sovereign dollar bonds fell across the curve on Thursday with the 2041 issue down 1.7 cents to trade at a...
Ethiopia's year-on-year inflation rate edged down to 13.4 percent in January, the statistics agency said on its website....
Mauritius' year-on-year inflation rate jumped to 6.2 percent in January from 4.2 percent in the previous month, the stat...
Tanzania's inflation rate remained unchanged at 4.0 percent in January, the statistics office said on Thursday. "Food...
Kenya's revenue from tourism jumped 20 percent last year, the government said on Thursday, as the sector continued to re...
South African logistics firm Transnet will lease locomotives and wagons to Zambia Railways to boost its capacity to hand...
Feb 08, 2018
Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for t...
Zimbabwe will consider applications from companies mining platinum or diamonds to be exempt from a requirement that they...
Zambia expects to increase its annual copper output to 1.5million tons, boosted mainly by improved electricity supply, M...
Government has so far accrued a $1,2 billion overdraft with the Reserve Bank of Zimbabwe with the new monetary policy st...
THE rate of non-performing loans (NPLs) had dropped to 7,08 percent by end of last year from 20,5 percent in 2015, raisi...
ZIMBABWE’s exports grew 36 percent to $3,8 billion in 2017 compared to $2,8 billion achieved in 2016 driven by the Reser...
Food, home and personal care products producer, Unilever Zimbabwe, has invested $8 million into its operations in the co...
Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits...
South Africa’s net foreign reserves rose to $43.588 billion in January from $42.927 billion in December, the Reserve Ban...
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
