State petroleum company, Petrotrade has – for the third year running declared a dividend to Government after registering...
Sep 12, 2018
ZIMBABWE’S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food. Dat...
METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote finan...
LAFARGE Cement Zimbabwe says the recent spike in demand for cement, which resulted in a supply backlog on the market, is...
Johannesburg Stock Exchange-listed sugar producers Tongaat Hulett Limited, has appointed Zimbabwean Sydney Mtsambiwa as...
The Grain Marketing Board (GMB) has received 896 273 tonnes of maize and 21 750 tonnes of small grains as the parastatal...
Harare - Leading supplier of explosives and services to the African mining, quarrying and construction industries BME sa...
Sep 11, 2018
Harare – Australian-listed Prospect Resources, announced on Tuesday that its 70 percent owned Zimbabwe subsidiary, Prosp...
Harare - Property investment holding company, Dawn Properties Limited says its revenue for the six months ended June 30...
Newly appointed Finance and Economic Planning Minister Mthuli Ncube, has pledged extensive economic reform measures expe...
SABLE Chemicals Industries (Sable), Zimbabwe’s only manufacturer of ammonium nitrate (AN), says it will only be able to...
Farm prices in South Africa have plunged by a third since the ruling party decided to seek a change to the constitutio...
So far this year, the Mozambican Tax Authority (AT) has collected revenue of about 142.3 billion meticais (2.36 billion...
Sep 10, 2018
South Africa's tax take could well be lower than forecast this year, with a downturn in the economy exacerbating problem...
Manoeuvres by the ED administration to date have pointed to a significant effort aimed at altering the status quo of a c...
Harare – AIM-Listed Vast Resources says it hopes to restart production at Eureka gold mine, in which the company’s 25 pe...
Harare – ZB Financial Holdings Limited CEO Ron Mutandagayi said the bank has made significant progress in its foreign cu...
Harare – ZB Financial Limited says processes towards the readmission to the VISA platform are at an advanced stage and s...
According to a study by the Center for Global Development (CGD), power blackouts in Sub-Saharan Africa cost businesses a...
Speaking at a briefing after the recent annual general meeting, Safaricom’s chief executive Bob Collymore noted that pri...
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