TOURIST arrivals in Victoria Falls have increased by 50 percent this year with hotels in the prime resort destination re...
Jun 22, 2018
The World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern Afr...
Zimbabwe’s only listed and fully integrated media group, Zimpapers, surpassed revenue and profitability targets for the...
Zambia plans to introduce electricity tariffs that reflect the cost of production by the end of this year, a senior gove...
Harare - Zimbabwe Stock Exchange-listed diversified conglomerate, TSL Limited says it has had a positive start of the ye...
Steward bank is now among the top five banks by income in Zimbabwe after posting a strong financial performance for th...
Harare – CFI Holdings’ turnover for the half year ended March 31 2018 increased by 34 percent to $33 million compared to...
Jun 21, 2018
South African cement producer PPC’s local unit reported a 34 percent jump in annual revenue to R1,813 billion ($132 mill...
EUROPEAN headquartered integrated resource group, Tharisa, has pledged to provide $8 million debt facility to Karo Plati...
The Reserve Bank of Zimbabwe (RBZ) has released $20 million requested by millers to import wheat from Canada and Germany...
Kenya Power and the Energy Regulatory Commission (ERC) have announced that electricity costs will decline by eight per c...
Airtel Kenya has abandoned plans to merge with Telkom Kenya, a paln that was aimed at taking on market leading operator...
Safaricom has disapproved Treasury’s budget proposal to increase excise duty on mobile transfers from 10 per cent to 12...
South Africa’s inflation rate fell in May as food prices rose at the slowest pace since 2013, reducing chances that the...
South Africa‘s 2018 maize harvest is pegged at 12.991 million, just above the government’s previous estimate, as favoura...
Old Mutual announced that the Court has on the 20th of June 2018, sanctioned the First Scheme by which, inter alia, the...
Jun 20, 2018
Harare – Diversified financial services group, Zimre Holdings Limited said it had a slow start to 2018 charging that its...
Harare – Mobile Network Operator, Telecel Zimbabwe on Wednesday launched on-net voice bundles which it says will see its...
Harare – The Postal and Regulatory Authority of Zimbabwe (POTRAZ) on Wednesday said it has concluded a cost modeling exe...
Harare – Pretoria Portland Cement, PPC said the South African landscape remains an economically challenging trading envi...
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