GOVERNMENT has injected $10 million into the Export Credit Guarantee Corporation of Zimbabwe (ECGC) in a bid to promote...
Sep 06, 2018
African production of natural gas could contribute as much as 10 percent of the global total by 2040, an expansion of ar...
Delta Corporation, a key player in economic development, has invested over $260 000 towards the upgrade of a road juncti...
The Reserve Bank of Zimbabwe Governor Dr John Mangudya yesterday said the wheat supply situation in the country was unde...
Harare – Pretoria Portland Cement Zimbabwe (PPC) in a statement to customers and stakeholders on Wednesday said the curr...
Sep 05, 2018
Harare – The Infrastructure Development Bank of Zimbabwe (IDBZ) on Tuesday said the Government last week injected an add...
CBZ Holdings, Zimbabwe’s largest diversified financial services group, believes the economy has reached a point where a...
The Government has injected $150 million equity capital into the Infrastructure Development Bank of Zimbabwe to help the...
According to the Association of Kenya Insurers (AKI), the insurance industry grew 6.5 per cent in the year ended Decembe...
Mozambican bank Moza, owned by the Bank of Moçambique Pension Fund (Kuhanha), has acquired the entire capital stock of B...
The mining and quarrying sector contribution to the gross domestic product (GDP) bode well for the sector and indicated...
Nigeria landed MTN Group with a $2 billion tax bill on Tuesday, marking the South African mobile phone company's latest...
Harare – State agriculture development bank, Agribank says it is expanding support to the agriculture sector, and is lik...
Sep 04, 2018
Harare – Listed hospitality group, African Sun Limited said Group’s revenue for the half year ended June 30 2018 grew by...
Harare – Hotelier, African Sun Limited said the remaining trading period falls into the Group’s peak trading season. Gr...
Harare – African Banking Corporation of Zimbabwe Limited, a subsidiary of ABC Holdings Limited recorded a net profit of...
HARARE - Standard Chartered Bank Zimbabwe, Chairperson, Lovemore Manatsa says digitising the Bank’s delivery platforms i...
Aug 31, 2018
Harare – BancABC, a which is the banking arm of Atlas Mara posted a profit of $4 million for the period ended June 30, 2...
Harare – National Building Society has recorded its first profit since inception in 2016 overcoming years of losses. Th...
HARARE – Seed manufacturer, SeedCo, which earlier had earmarked listing on the Botswana Stock exchanged reported in a ci...
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