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...
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