Vodacom Group, South Africa's biggest mobile phone operator by market value, reported on Tuesday a 4.2 percent rise in g...
Jul 25, 2018
Zimbabwe's Karo Mining Holdings has a range of options for securing funding for its $4.2 billion platinum mining venture...
The New Development Bank, set up by the BRICS group of emerging economies, has approved loans of $300 million for energy...
HARARE – President Emmerson Mnangagwa has said that his government’s commitment to improving the national infrastructure...
HARARE – Zimbabwe stock exchange listed, Delta Corporation Limited says it plans to recapitalise its beverage portfolio...
Harare – Zimbabwe’s tourism sector is enjoying a rebound with visitors returning in hordes to see the majestic Victoria...
Safaricom has suffered a voice and data outage affecting critical transmission equipment because of a damaged fibre link...
Jul 23, 2018
The Zimbabwe National Water Authority’s (Zinwa) profitability jumped 172 percent to $1,8 million in the year to December...
Kenyans conducted 607.4 million mobile money transactions valued at Sh1.763 trillion in the second quarter of the 2017/1...
THE proposed partial unbundling of Seed Co Limited and the subsequent separate listing of its regional operations on the...
WOMEN empowerment group Rock the Red Business Hub has partnered with ZB Bank Financial Holdings in a bid to use the fina...
The Minerals Marketing Corporation of Zimbabwe (MMCZ) has set aside US$600 000 to capacitate the minerals testing and sa...
Agribank has so far disbursed over US$80 million to the agriculture sector as it seeks to boost productivity and foreign...
Zimbabwe’s customer satisfaction index ranking for 2018 has declined by 11,8 percentage points to 63,7 percent, an indic...
PRIVATE Hwange coal miner, Makomo Resources, says it expects to ramp up its production in the third quarter of this year...
Jul 20, 2018
TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrin...
Steinhoff said on Thursday that around 90 percent of creditors for several subsidiaries supported an agreement to hold o...
The South African Reserve Bank announced that there will be no changes made to the repurchase rate following their Monet...
JSE-listed Anglo American Platinum (Amplats) has revised its full-year platinum production guidance upwards to between 2...
TELECOMMUNICATIONS provider Econet Wireless Zimbabwe has declared a dividend of 0.772c per share amounting to $20 millio...
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