Uganda has asked the local unit of South African telecoms giant MTN Group (JSE:MTN) to list some of its shares on the lo...
Aug 20, 2018
HARARE – CABS recorded an increase in profit driven by income from lending activities, the Society said in a statement...
Aug 17, 2018
Harare – ZB Financial Holdings Limited has said it is making satisfactory progress in re-establishing its international...
HARARE – Zimbabwe Stock Exchange listed entity, Dairibord Holdings Limited (DZL.zw) recorded an improved 2018 half year...
Safaricom has signed a new partnership with digital money transfer service WorldRemit to enable instant cross border mon...
CHENGETEDZAI Securities Depository (CSD) has processed in excess of 64 976 securities deposits since going live with aro...
Seed Co will use the US$40 million realised upon the maturity of its stock of Treasury Bills (TBs) in the next quarter t...
Foreign investors are dominating the local mergers and acquisitions scene with 73% of all approved mergers since June 20...
Zimbabwe is looking forward to develop about 1 000 hectares of cut flower plantations – mostly roses – in the next five...
The Mozambican government, in partnership with the African Development Bank (AfDB), has invested US$44 million in the pr...
South African fashion retailer Truworths International reported a 7.3 percent fall in annual profit on Thursday, in line...
HARARE – Zimbabwe’s annual rate of inflation for July, 2018 accelerated by 1.38 percentage points to 4.29 percent as the...
Aug 16, 2018
Zimbabwe’s consumer price inflation jumped by 1,38 percent to 4.29 percent in July, the national statistics agency said...
National milk production has been consistently higher this year with output having increased by 12 percent in the first...
NATIONAL cotton deliveries by farmers have reached 120 000 tonnes, exceeding this year’s target by 20 percent, the lates...
The Mozambican economy grew 3.2 percent in the first half of this year, according to data released by the government on...
The Mozambican government on Wednesday announced increases in the price of petrol and diesel, taking effect as from Thur...
South Africa‘s economic recovery will be “weak and choppy” this year after growth dropped below initial expectations, th...
Ghana’s central bank plans to prosecute executives of failed local lenders suspected of dissipating depositors’ funds an...
South Africa has raised import duties on sugar to $680 from $566 a tonne to protect the domestic industry against a surg...
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