Zimbabwe’s largest seed maker Seed Co Limited’s partial unbundling comes to fruition today with the primary listing of s...
Oct 05, 2018
Vivo Energy and Engen Holdings have restructured the acquisition of Engen International Holdings by the former’s subsidi...
African banks such as the National Bank of Kenya and Barclays Tanzania and Zambia have joined JP Morgan’s Interbank Info...
South Africa experienced its largest single fuel price hike following the Department of Energy’s announcement on M...
South African banks are reporting phenomenal growth in the use of banking apps despite the country’s finite banked popul...
World food prices slipped in September from the month before, with only sugar posting a rise, the United Nations food ag...
Harare – The pressure on the Reserve Bank of Zimbabwe to source and allocate foreign currency for fuel consumption on a...
Oct 04, 2018
Harare – Finance Minister, Mthuli Ncube said Treasury will be implementing a cocktail of fiscal measures necessary for e...
Harare – Crocodile skins and meat producer, Padenga Holdings, revenue for the six months ended June 30, 2018 closed at $...
Mobile phone owners in Kenya will now be able send money across different networks starting 4th October, under the inter...
The ministry of tourism is targeting 2.5 million arrivals into Kenya from the current 1.475 million arrivals by 2022 and...
THE banking sector continues to operate on a sound footing premised on adequate capitalisation and improved performance...
Foreign direct investment (FDI) is expected to double to US $ 5.7 billion next year, compared to the US$2.8 billion in 2...
THE People’s Own Savings Bank (POSB) will now be going public or be partially privatised through a private placement aft...
GetBucks, a deposit-taking microfinance institution listed on the Zimbabwe Exchange, has reported a 25% growth in profit...
ZIMBABWE’S cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has a...
The World Bank says the Sub-Saharan African economies are still recovering from the slowdown in 2015-16 although the gro...
Zimbabwe-focused diversified mining group Premier African Minerals, says a study from consultant Bara has confirmed that...
The year 2018 has been a mixed bag of performance for South Africa’s mining industry, with bulk commodity prices continu...
Oct 03, 2018
Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals...
The Reserve Bank of Zimbabwe has injected US$114 million into the forex market to meet rising demand for foreign currency and stabilize the run-away ZiG. In a statement, RBZ said US$50 million was inj
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