Harare – Baker's Inn says it will invest over $20 million towards putting up additional plants at its Bulawayo and Harar...
Aug 27, 2018
Harare – In his inauguration speech on Sunday President Emmerson Mnangagwa said his Government will in the next five yea...
LOCAL millers say the industry is ready to meet rising flour demand, estimated to be at its peak level, following interv...
Exploration and development company Caledonia Mining has signed a memorandum of understanding with Fremiro Investments t...
Revenue from the Cahora Bassa Hydroelectric Power Plant (HCB) entering the public coffers reached approximately US$10 mi...
South Africa’s major banks have played down the risk to their businesses from government plans to expropriate property w...
The eviction of poor farmworkers in the province has reached a tipping point, the ANC has said, following three families...
South Africa's Vodacom launched what it said was Africa’s first commercial 5G internet service in Lesotho on Saturday, b...
Harare – Zimbabwe Stock Exchange-listed alcoholic beverage maker, African Distillers Limited (Afdis) revenue for the yea...
Aug 24, 2018
Harare - State owned farming company, Agricultural and Rural Development Authority (ARDA) has revived horticulture expor...
HARARE – The price of maize across Southern Africa is expected to increase as many poor households are expected to deple...
Harare – Old Mutual Zimbabwe and Rest of Africa CEO, Jonas Mushosho told analysts in the capital that the Group has unve...
National Railways of Zimbabwe (NRZ) general manager Lewis Mukwada (LM) was recently appointed president of the Southern...
FBC Holdings Limited registered a 42 percent growth in the group’s financial position to $1,01 billion in the six months...
THE Zimbabwe Revenue Authority (Zimra) says revenue performance remains on a positive trajectory, with gross collections...
SOUTH Africa head-quartered engineering and steel firm, Tamuda Investment Group (TIG), has opened a steel and pipe busin...
Botswana Diamonds chairperson John Teeling on Thursday said the company was looking forward to working with fellow Aim-l...
Zambia’s Industrial Development Corporation (IDC) and Ethiopian Airlines have signed a shareholder agreement that will s...
Aug 23, 2018
According to the bank supervision annual report 2017, the Central Bank of Kenya (CBK) says it is open to emerging techno...
Harare – AIM listed mining company, Vast Resources plc announced on Thursday that it has concluded an agreement with Red...
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