Production of platinum at Unki Mine for the second quarter ended on June 30 this year increased by 7 percent to 20 900 o...
Jul 20, 2018
AGRIBANK has obtained a $30 million line of credit from the Industrial Development Corporation of South Africa (IDCSA) t...
Isuzu Motors is set to establish an assembly plant in Ethiopia via Japanese based Itochu Corporation. The assembly plant...
South Africa's consumer inflation accelerated slightly in June as the weaker rand continued to exert upward pressure on...
Jul 19, 2018
The Nairobi Securities Exchange (NSE) has launched the pilot stage of the derivatives market which had been delayed beca...
THE Confederation of Zimbabwe Industries (CZI) says government should stop making overdrafts from the central bank as th...
SUGAR processor Starafricacorporation (Starafrica) has upgraded its machinery in a development that has positioned the c...
THE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its ad...
Telecoms giant Econet has launched an innovative short-term motor vehicle insurance service, EcoSure Moovah. The servic...
THE Zimbabwe Revenue Authority (Zimra) performed beyond expectations in the first half of 2018 after gross collections h...
Chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco) has scaled up production in the first half of the...
Zimstat CPI data for the month of June shows that property rentals on average declined by 4.13% in the 12 months period...
Jul 18, 2018
HARARE – Seed Co, the leading seed producer in Southern Africa is seeking immediate funding amounting to approximately U...
Harare – Zimbabwe’s chrome production has taken a 39 percent fall in the period between January and June 2018 from 107 8...
Anglo American Platinum (Amplats) and the Public Investment Corporation (PIC) yesterday moved to revive the ailing plati...
The consumption of cement in Kenya dropped to 1.4 million tonnes in the second quarter of 2018 indicating slow activity...
African-focused property group Grit Real Estate Income Group plans to raise $120m (€102m) on the London Stock Exchange t...
THE Tobacco Industry Development Support Institute (TIDSI) for Southern Africa has hailed contract farming, as it has im...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) says the contractor in the $12 million National University of Sci...
Zimbabwe’s annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figu...
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