Mozambican President Filipe Nyusi stressed in Maputo on Wednesday the willingness of the Mozambican government to work w...
Jan 18, 2018
On Wednesday, the price of gasoline was going up in Mozambique, while the price of cooking gas (LPG) was coming down, th...
Barclays Africa yesterday launched its 2017/18 Macroeconomic report which covered key issues affecting the economy from...
Kenyan investors will be able to lend and borrow shares from each other from June, with the NSE set to roll out a system...
President John Magufuli and his Rwandan counterpart, Paul Kagame, have agreed to start the construction of the standard...
Prospect Resources’ flagship lithium deposit has been identified as a priority mining development by Zimbabwe’s Office o...
Botswana’s Okavango Diamond Company (ODC) posted a 4% jump in sales to $567-million in 2017, the highest annual sales si...
Zimbabwe will not stop using “bond notes”, a domestic quasi-currency, until the economy fully recovers, Finance Minister...
Local firm, Baldmin Projects has been awarded a multi-million-dollar contract in Tanzania to design, manufacture, instal...
Government is this week expected to gazette the Ziscosteel Debt Assumption Bill to facilitate the takeover of $380 milli...
THE availability of the United States dollars in the country could improve in 2018 although cash shortages are expected...
Textile company, Merlin, which resumed operations this year, says in the next few months it will flood the local market...
Jan 17, 2018
Government will soon lower tax brackets for various economic players as an incentive to encourage investment in the coun...
Government and a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa’s Transnet, hav...
Moribund steelmaker, Ziscosteel on Tuesday announced that it will be seeking approval from its minority shareholders to...
The Government has started a process to set up one strong financial institution that will merge functions of several org...
The Bank of Mozambique and Financial Sector Deepening Mozambique are to cooperate in promoting digital financial service...
Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month...
Anglo American's diamond unit De Beers aims to launch the first industry-wide blockchain this year to track gems each ti...
* China 2017 GDP growth seen at 6.8 pct, 2018 6.5 pct * Inflation to edge up but remain muted at 2.3 pct in 2018, 2...
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
