Zimbabwe's mineral resources have a huge potential to drive the economy in the future, with lithium, gold and diamonds s...
Feb 08, 2018
The mining industry in Tanzania is adopting a wait-and-see approach following the government’s sweeping changes to minin...
The South African mining industry on Wednesday tabled a case for coal mining in the country, arguing that coal will cont...
Zambia expects to increase its annual copper output to 1.5million tons, boosted mainly by improved electricity supply, m...
Feb 07, 2018
Mozambican President Filipe Nyusi on Wednesday announced that, in his protracted discussions with Afonso Dhlakama, leade...
Republican U.S. Senator John Cornyn said following a White House meeting on Wednesday that he is "more optimistic" that...
Zimbabwe is negotiating a $1.5 billion guarantee with Afreximbank to ensure foreign investors' funds are protected, cent...
Nampak a leading packaging material producer, has reported that it is failing to meet market demand at its Mega Pak unit...
African Chrome Fields (ACF), which has invested more than $220 million in chrome mining along the country’s mineral-rich...
South African freight firm Calabash Freight will start using the Tanzania-Zambia Railway Authority (TAZARA) line under a...
Petrochemicals group Sasol completed a 13.6 billion rand ($1 billion) expansion of a wax plant in South Africa that will...
World economic fundamentals are strong, despite recent stock market turmoil, with more trade, more investment and faster...
Mozambique was the last piece of the SADC-EPA jigsaw to fall into place. The other five countries – Botswana, Lesotho, N...
Standard Bank’s economic studies office believes that Mozambique’s economy is expected to grow 3.5% this year and 3.9% b...
The government plans to issue its first green bond in the next financial year to advance the green economy development a...
Maize imports from Uganda rose sharply between October and November last year compared with the same period in 2016, as...
THE value of transactions processed through the National Payments System (NPS) declined by six percent, to close the wee...
THE Zimbabwe Investment Authority (ZIA) says it expects to approve projects valued at $2,5 billion this year on the back...
INTER-HORIZON Securities (Pvt) Limited (IH Securities) predicts government’s efforts to turn around the economy will see...
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
