East African countries continue to enjoy the cheapest data even as other African countries struggle with high data cost....
Sep 19, 2018
Barclays Bank of Kenya’s Timiza Banking App has recorded over 2.7 million customers in just five months to July 2018 acc...
JOHANNESBURG – The Oorganisation for Economic Co-operation and Development (OECD) has labelled South Africa’s economy th...
HARARE- The state media reported last night that the minister of finance has secured a bridging loan meant to cover up Z...
Sep 18, 2018
Harare – Edcon’s Zimbabwe based clothing retailer, Edgars Stores Limited says revenue for the 26 weeks ended July 8 2018...
Harare – The Tobacco Industry and Marketing Board (TIMB) says it has extended the tobacco inputs credit scheme to over 1...
Harare – The Ministry of Finance And Economic Develop, the Reserve Bank of Zimbabwe (RBZ) and Gemcorp on Tuesday announc...
Standard Bank’s Economic Studies unit estimates that Mozambique will post 3.5% growth by the end of this year, after hav...
South Africans are under pressure as indicated by the latest results of The Conference Board® Global Consumer Confidence...
Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe’s infrastructure sector to reco...
ABOUT 40 percent of companies in Zimbabwe are not compliant with the expected standard guidelines that protect consumers...
The Infrastructure Development Bank of Zimbabwe (IBDZ) says it is ready to conduct a detailed feasibility study on the M...
Zimbabwe's Agriculture Marketing Authority (AMA) has issued $75 million in grain bills to purchase maize from farmers, t...
HARARE- Short term insurers Nicoz Diamond and Tristar today published a notice of the proposed transfer of Tristar Insur...
Sep 17, 2018
HARARE-Barclays bank which is nearing completion of its restructuring exercise following the acquisition of a controllin...
HARARE- CABS, Zimbabwe’s top mortgage lender said it has reopened 2 of its Harare branches which were undergoing refurbi...
Harare – CAFCA Limited, manufacturer and supplier of cables and allied products for the transmission and distribution of...
Harare –Premier African Minerals Ltd shares dropped on Monday after it said it has not been able to reach final terms wi...
Harare - The grain milling industry is currently saddled with $87m foreign liabilities to wheat, rice and salt foreign s...
Sep 14, 2018
Harare – Local platinum miner, Zimplats in its 2018 annual integrated report said revenue for the year increased by 14 p...
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