The World Bank has approved a $455 million loan to Tanzania under its International Development Assistance (IDA) program...
Jun 25, 2018
Shares in British wealth management firm Quilter jumped on Monday following its initial public offering in one of the la...
ZIMBABWE is set to launch its second leather industry strategy next month, which is expected to boost production in the...
Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully...
The Minister of Mines and Mining Development, Winston Chitando, has nominated six people Government wants appointed into...
The re-engagement thrust adopted by President Mnangagwa’s administration since November last year has unlocked opportuni...
Industrial holdings group, TSL Limited, expects to bump profitability in the current financial year on the back of a pos...
Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep i...
The Insurance and Pensions Commission (IPEC) is targeting insurance penetration to reach 7 percent by 2022 compared to t...
Africa’s biggest company Naspers reported a hefty 72% rise in annual profit on Friday, on a strong showing from its Chin...
Tencent Holdings Ltd is joining forces with a finance startup to create a system for over-the-counter bond deals, bankin...
A report by Market and Research shows that the contribution of the agricultural sector to Botswana’s gross domestic prod...
Zimbabwean small-scale miners produced 2.2 t of gold in May, while bigger companies had 1.2 t in output of the precious...
The Kenya Revenue Authority (KRA) has accepted the National Treasury’s proposal to simplify the tax system in the countr...
Harare - The Financial Securities Exchange (Private Limited) in a notice directed to all capital market participants, th...
Jun 22, 2018
Harare-Property concern ZPI said it bore the brunt of portfolio reconfiguration through a short term loss in revenue whi...
During the 2018/2019 budget announcement last week, the Finance Cabinet Secretary Henry Rotich introduced a ‘Robin Hood’...
A New Zealand based investor, Worldwide Capital Corp, plans to invest over $2,2 billion in establishing and financing op...
WHOLESALE prices of table eggs have increased by 57% over the past few years to $4,50 per tray in the first quarter of 2...
THE Zimbabwe Asset Management Company has since its establishment absorbed $1 billion Non-Performing Loans (NPLs) at ban...
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