South Africa‘s economic recovery will be “weak and choppy” this year after growth dropped below initial expectations, th...
Aug 16, 2018
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...
HARARE –Caledonia Mining Corporation anticipates a positive performance in the last half of the year following a subdued...
Aug 15, 2018
Harare – Nedbank Zimbabwe says it is excited that the momentum created by the rebranding exercise and core banking syste...
HARARE – ZIMPLOW which is the largest manufacturer and distributor of farming implements in sub-Saharan Africa, reported...
Harare – Recently rebranded Nedbank Zimbabwe said it achieved a profit after tax of $4.37 million over the 6 months peri...
Barclays Bank of Kenya has reported a 6.2 % increase in profit after tax to Ksh 3.8 billion for the period ended 30th Ju...
Safaricom shareholders will now vote for the individual agenda items with their mobile devices after the telco announced...
The Australian mining company Mustang Resources on Sunday announced it has raised 1.75 million US dollars through a priv...
THE number of slaughtered pigs has increased by 2,7% in the first-half of 2018 compared to the same period last year, an...
FUNDED income in the banking sector has taken a knock from declining interest and high default rates in the private sect...
IMPROVED profitability in the private sector saw Zimbabwe’s corporate income tax surpassing target by 69,7 percent in th...
AIM-listed Premier African Minerals is fast progressing towards bringing its RHA tungsten mine, in Zimbabwe back into pr...
Zimbabwe’s fish exports volumes declined 12 percent between February and April 2018 from the prior comparable period due...
THE Deposit Protection Corporation (DPC) has paid 76% of compensation to depositors of the defunct Royal Bank, businessd...
Aug 10, 2018
Zimplats’ Bimha mine in April reached its design capacity of 2,2 metric tonnes per annum, producing 31% of the total ton...
VETERAN banker Nicholas Vingirai stands to regain full control of his banking assets which were controversially seized b...
SOUTH Africa headquartered engineering and steel firm, Tamuda Investment Group (TIG), has opened a steel and pipe busine...
Gold miners have hauled 21 tonnes in seven months to July 31 this year, shredding all records set since 2009, spurred by...
ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has reported a remarkable 123% increase in profit after tax for the half-year ended 30 June 2025, rising
Throughout history, the world has typically adopted the currency of the dominant economic and geopolitical power for global payments. This leading nation often provided “global public goods,” such as
Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said
Zimbabwe’s property market has become one of the region’s most paradoxical phenomena, with house prices soaring 80% over the past five years from 45% a decade ago according to the ZimProp Expo 2025.
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
CBZ Holdings Limited, Zimbabwe’s largest financial institution by deposit base and asset portfolio, has unveiled a potentially transformative strategic shift positioning the informal sector as the cen
PPC Ltd (PPC), through its Zimbabwean subsidiary PPC Zimbabwe Ltd (PPCZ), in which it holds an 88% stake, has taken a significant step in optimizing its asset portfolio by concluding an agreement on 2
Rainbow Tourism Group (RTG), Zimbabwe’s second-largest hotel group, has made a bold move to expand its regional footprint by acquiring a seven-storey commercial property in Cape Town, for ZAR98 millio
