Firms will now pay more taxes following a new regime that caps tax deductibles at 2 per cent of the turnover. The new t...
Jun 20, 2018
Zambia Institute for Policy Analysis and Research (ZIPAR) executive director Dr Pamela Kabaso says Zambia needs K6 billi...
* S.Korea exchange Bithumb says system was hacked overnight * Bitcoin down about 70 pct from peak in Dec 2017 * Bitc...
Zimbabwe’s point-of-sale (POS) machine population increased by 18,3 percent in the first quarter of the year to 70 960....
ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund impo...
Sinohydro Corp is moving ahead with the construction of a US$1.4 billion expansion to the Hwange coal-fired power statio...
RAINBOW Tourism Group Limited has posted a 16 percent growth in revenue to $11,1 million from $9,6 million in the first...
Jun 19, 2018
Although traditional retail stores dominate the South African market consumers are choosing the online option for cheape...
The Kenyan government has decided to create an agricultural and non-agricultural exchange according to the Principal Sec...
Mozambican companies’ electricity costs have increased by more than 100 percent over the last three years, damaging the...
The World Bank is satisfied with Mozambique’s performance concerning the repayment of loans granted by the organisation...
Mercantile Bank Holdings Ltd said on Monday that South Africa's Capitec Bank, Nedbank Group and a consortium including t...
HEPS rise to 15 cents a share * Zimbabwe revenue jumps on increased market share * PPC bets on better investment prosp...
In line with its strategy to digitalise its services, the Stock Exchange of Mauritius (SEM) , in collaboration with the...
Jun 15, 2018
Indian soft drinks manufacturer, Varun Beverages on Wednesday commissioned its $40 million Pepsi manufacturing and bottl...
Jun 14, 2018
Hotelier Rainbow Tourism Group (RTG) says improved occupancies across the group’s properties drive a 16 percent growth i...
THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter says foreign currency shortages facing the country c...
ZIMBABWE’s largest platinum miner, Zimplats, recorded a six percent increase in tonnes milled to 1 659 000 during the th...
Kenya could start using the Chinese Yuan as a reserve currency according to central bank governor Dr Patrick Njoroge. T...
Trade between China and Portuguese-speaking countries from January to March 2018 totalled US$30.188 billion, a year-on-y...
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