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 Limited, reported a plausible set of results for the half year ended June 30, 2018, with chief exe...
Regional seed manufacturer, Seed Co Limited says listing of its regional operations on the Botswana Stock Exchange (BSE)...
Financial support from African Development Bank (AfDB) to Mozambique until the end of next year is to be limited to $81...
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