Government, through the Ministry of Labour and social Welfare, has approved a pay increase of between 2,4 percent and 14...
Feb 07, 2018
Zimbabwe has earned $101,2 million from 14,2 million kilogrammes of tobacco exported mainly to Sudan and China since the...
Stanbic Bank Zimbabwe has been awarded $6 million after successfully suing a construction company for failure to honour...
Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits...
Feb 06, 2018
The Bank of Tanzania (BoT) will this year adopt a price-based monetary policy as it seeks to guard banks against negativ...
Democratic Republic of Congo's state mining company Gecaminessaid on Monday it wanted to renegotiate contracts with its...
Investors often take time to get used to the fact that ‘the big dip’ is not coming and previous highs will now be the cu...
For the current financial year ending June 2018, about Kshs. 658 billion has been budgeted towards serving debt, which w...
Mozambique Electricity (EDM) has renewed its contract to sell energy to Lesotho in a business that foresees Mozambique r...
South Africa's Sibanye-Stillwater's full year platinum production rose compared with the year-ago period, while gold pro...
Almost 130 years after diamond giant De Beers emerged from mines around the dusty South African town of Kimberley, the c...
Kenya's tea export earnings are forecast to rise further this year, while total output is expected to improve after a fa...
South Africa's Public Investment Corporation (PIC) has given cash-strapped state power firm Eskom a 5 billion rand ($416...
ZIMBABWE’s food basket for a family of six declined by 4.83 percent to $142.71 last month on the back of sales promotion...
THE National Railways of Zimbabwe (NRZ) is targeting to move four million tonnes of freight in 2018, up 25% from last ye...
Agri-industrial firm CFI Holdings Limited, says servicing of nearly 700 stands at its Suncrest Park in Harare, should be...
Finance and Economic Planning Minister Patrick Chinamasa, has said Zimbabwe requires around $1,5 billion annually for in...
Tobacco farmers are threatening to boycott paying the afforestation levy, saying they did not benefit from the fund, thr...
Feb 05, 2018
The Zimbabwe Commercial Farmers Union (ZCFU) has revised its projected agriculture growth rate to 8 percent from 15,7 pe...
FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u
African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op
TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the
Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the