Harare – The African Development Bank (AfDB) says it will remain supportive, steadfast and strong in its assistance towa...
Jul 17, 2018
Harare –in a circular to shareholders on Tuesday ZSE listed pan African seed giant Seedco, said it is proposing to parti...
Harare – Zimbabwe’s annual rate of inflation for June gained 0.20 percentage points on the May rate of 2.71 percent to 2...
Harare - Data released by the central bank shows that only 4 percent of bond notes and coins are in effective circulatio...
Harare – The Tobacco Industry and Marketing Board (TIMB) has extended the current selling season with 8 days after setti...
Sub-Saharan Africa has Nigeria to thank for better economic growth prospects next year. The region’s economy will proba...
Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video...
Afreximbank’s chief economist told Lusa on Friday that, Mozambique’s biggest challenge is “to create conditions to expan...
The British-based mining company Xtract Resources announced on Monday that in the second quarter of the year it mined 42...
Zimbabwe’s consumer price inflation quickened to 2.91 percent year-on-year in June from 2.71 percent in May, data from t...
MORE than 1 800 hectares of land has been put under the Government funded Command Winter Wheat programme in the Midlands...
Diversified financial services group ZB Financial Holdings, says it has started work on its Plumtree residential project...
Hospitality group, Meikles Limited, intends to expand its Victoria Falls Hotel in the resort town as it positions itself...
Harare – Escrow Group on Monday officially launched its mobile and online trading platform, C-Trade which will enable in...
Jul 16, 2018
Harare – Mobile money payments continue to constitutes the bulk of payments streams in volume terms, according to the we...
Harare – The African Export-Import Bank (Afreximbank) entered into a cooperation with Aenergy to develop a low carbon su...
RESERVE Bank of Zimbabwe governor John Mangudya says the central bank has increased the foreign currency injections into...
TM Pick and Pay supermarkets, agriculture and hotels contributed $487.8 million, $28.8 million and $17.6 million of the...
ZIMBABWE’s exports increased by 44 percent last month rising from $267,1 million in May to $384,4 million in the month o...
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