South African power utility Eskom and trade unions reached an "in principle" wage deal, the company said late on Wednesd...
Aug 10, 2018
South Africa dropped to 37th in global property rights rankings, according to the International Property Rights Index, r...
The recent 9 percent increase in the international price of wheat will put pressure on the country’s foreign exchange re...
Aug 09, 2018
Zimbabwe’s leading plastic pipe manufacturer, Proplastics, reported a 71 percent increase in revenue for the six months...
NMB Bank has urged small to medium sized businesses to take advantage of the advisory and financial services its Small t...
Safaricom accused Kenya’s telecommunications regulator of failing to enforce investment requirements for smaller competi...
The Government of Kenya and the African Development Bank (AFDB) have signed a $1.7 (Ksh 170.5 million) grant agreement a...
Standard Bank’s Economic Studies department said yesterday that inflation in Mozambique is expected to have reached 5.3...
Harare – South Africa’s Nedbank which was recently separated from Old Mutual Plc said it successfully rebranded its Zimb...
Aug 08, 2018
Harare – Cotton production has surpassed last year’s output with over 112 000 tonnes delivered so far to COTTCO depots c...
HARARE – As at day 94 on Tuesday, over 246 million kilogrammes of tobacco worth $720.3 million had been sold by farmers...
https://youtu.be/FiTKzSbXtDI
Harare – In a market release of operating update and trading statement for the six months ended 30 June 2018 Sibanye-Sti...
Harare - Counters in the consumer sector including Axia (AXIA: ZH) and OK Zimbabwe (OKZ: ZH), posted record-high growth...
HARARE, August 8 (EA NEWS)- Econet Wireless is now the most valued counter on the ZSE after class A shares held by the m...
The world’s largest platinum producer, Anglo American Platinum (Amplats) has recorded a strong 2018 first half performan...
THE Tobacco Research Board (TRB) says it anticipates a massive increase in tobacco hectarage this year as new farmers we...
PRETORIA Portland Cement (PPC) says sales volumes at its local operation rose by 40 percent in the financial year ended...
ZIMBABWE’S gold output has increased by 72 percent in the first seven months of the year to 20,8 tonnes compared to 12,1...
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