Tongaat Hulett, the embattled South African sugar producer under business rescue, announced this week that it had secured an extension of its post-commencement finance facility from its funders until
Jul 05, 2023
Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign
New tyres retailer and distributor, National Tyre Service (NTS) has missed the deadline to publish its audited financial results for the twelve months ended March 31, 2023, due to challenges related t
Airtel Zambia, a subsidiary of Airtel Africa plc, reported a strong rise in quarterly profit on Wednesday, boosted by Zambia’s improving economy after the country reached a debt relief deal with bilat
Caledonia Mining Corporation PLC announced that on the 23rd of June, 2023, BlackRock Inc crossed a threshold of notification with an interest in excess of 3% of Caledonia’s issued share capital. The U
ZSE-listed tea agro concern, Tanganda Tea Company has posted a net profit growth of ZWL1.4 billion from ZWL1.1 billion for the half-year ended 31 March 2023 despite incurring a huge volume decline acr
Zambeef Products, Zambia’s largest agro-industrial firm, reported mixed results for the half year ended March 2023 as a result of difficult operating environment characterised by currency volatility a
Khaya Cement, formerly Lafarge Cement Zimbabwe, has incurred a significant after-tax loss of ZWL17 billion for the full year ended 31 December 2022. The reduced profitability was attributed to depre
Bricks maker, listed on the Zimbabwe Stock Exchange (ZSE) Willdale Limited Zimbabwe has posted a net monetary loss of ZWL 562.78 million during the half-year ended 31 March 2023 as currency conundrum
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
The Zimbabwe Stock Exchange (ZSE)- listed sugar maker, Star Africa Corporation has delayed the publication of full-year results for the 12 months to March 2023 according to a circular released by the
The largest retail outlet in Zimbabwe, OK Zimbabwe Limited, has delayed the publication of its financial statements for the fiscal year ended 31 March 2023 due to the implementation of a new Enterpris
Local Sugar producer, Hippo Valley Estates has experienced a drop in local sales following the government's suspension of duty on sugar imports according to the Company’s financial results for the ful
The Zambian unit of Pan African group Liquid Intelligent Technologies has reported a sharp growth in revenue for the financial year 2023. The subsidiary reported a double-digit growth of 18% in total
Major Offshore Oil Discoveries Position Namibia for Massive FDI Inflows Windhoek - The hydrocarbon sector is poised to become the leading driver of foreign direct investment (FDI) inflows into Namibia
Windhoek - Namibia’s economy expanded by 5% in the first quarter of 2023 compared to the same period last year, showing signs of recovery after two years of recession brought on by COVID-19. The finan
CBZ Holdings Limited announced that it will hold the 31st Annual General Meeting (AGM) of its shareholders on Friday, the 21st of July, 2023, at 1600 hours via the virtual platform, https://polling.ft
Namibia Bans Lithium Ore Exports, Follows Zimbabwe’s Lead Windhoek, Namibia - The Namibian government recently annonced a ban on the export of raw lithium ore and other critical minerals, saying it w
