PLASTIC pipes and fittings manufacturer, Proplastics Limited, recorded a strong performance in the first six months of 2...
Sep 27, 2018
Quick service restaurant (QSR) group, Simbisa Brands Limited has stepped up a gear in consolidating within the regional...
Diversified mining group, RioZim Ltd’s latest attempt to have the loan it obtained from Trust Bank reduced to $500 000 f...
Fastjet Plc’s shares shed more than half of their value on Wednesday after the African budget airline said it needed mor...
South African lender Capitec Bank reported a 20 percent rise in half-year profit on Wednesday, helped by strong client g...
South Africa's Old Mutual Ltd said on Wednesday its shareholders would get 50 billion rand ($3.5 billion) from the spin-...
Harare – Organic growth in Zimbabwe and Kenya saw Quick service restaurant (QSR) group, Simbisa Brands Limited posting a...
Sep 26, 2018
Harare - Diversified financial services group, Zimre Holdings Limited says for the six months ended June 30, 2018 the gr...
TOP exotic leather shoe manufacturer, Millennium Footwear, says foreign currency shortages are throttling its operations...
Most funeral assurance firms are in breach of regulatory requirements on prescribed asset investments as it emerged comp...
Standard Chartered Plc said it will stop financing new coal-fired power plants anywhere in the world as part of its comm...
Opportunities for investment in Africa outweigh the obstacles, stated a report by the African Development Bank (AfDB) on...
Portfolio investments into the South African economy fell sharply in the second quarter, as investor risk aversion towar...
Harare - Specialty retail and distribution group, Axia Corporation Limited’s revenue for the year ended June 30, 2018 we...
Harare – Conglomerate, Axia Corporation Limited says the Group has equity accounted for Transerv and will only consolida...
Sep 25, 2018
Harare - Watching Zimbabwe’s new finance minister Mthuli Ncube work over a 14 minutes presentation at the Zimbabwe Inves...
According to a recent report by Airbnb, the year-on-year growth in guest arrivals in Africa is strong in countries like...
According to a report by Citi Research, more than 70 per cent Kenyan adults used mobile money in 2017, positioning Kenya...
ZB Financial Holdings (ZBFH) is in talks with a regional bank for a $30 million line of credit, which will enable ZB Ban...
ZIMBABWE’S egg production tumbled by 12% to nine million eggs in the second quarter of 2018 as output by large-scale pro...
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
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