South African retail sales rose 0.5 percent year-on-year in April after increasing by a revised 4.6 percent in March, th...
Jun 14, 2018
South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent stake in...
T-Mobile Netherlands has added extra data for customers who combine mobile and fixed, or have multiple mobile subscripti...
Jun 13, 2018
Botswana-based Kometsi Telecommunications and Namibian-based Demshi Investment Holdings have agreed a partnership that i...
Vedanta Resources plans to double finished copper production at Zambia's Konkola Copper Mines (KCM) to 200 000 t this ye...
GWERU-based cement maker, Sino Zimbabwe Cement Company (SZCC), plans to construct about 300 housing units at its Indiva...
Insurance giant First Mutual Holdings Limited (FMHL) recorded a 35 percent jump in profit after tax to $5 million in the...
STATE diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC), will invest $400 million under its vision 202...
POULTRY feeds production increased by 10% in quantity to 74 241 metric tonnes (mt) in the first quarter of the year, rak...
The London-based mining company Gemfields on Monday announced that last week’s auction in Singapore of rough rubies from...
Harare –Electrical products retail trader, Powerspeed Electrical Limited’s profit for the half year period to March jump...
Jun 12, 2018
THE International Development Bank of Zimbabwe (IDBZ) has overturned a loss- making position to register a profit of $62...
Tobacco farmers have grossed $515,1 million from 177,8 million kilogrammes that have been delivered 52 days into the 201...
Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent t...
Zimbabwean banks - which include units of Standard Bank, Nedbank and Standard Chartered - are facing challenges in sourc...
Jun 11, 2018
Botswana’s sole operating coal mine will increase output almost threefold within seven years as it eyes export opportuni...
The South African Reserve Bank (SARB) has successfully completed a 14-week realistic trial of its proof of concept inter...
MasterCard has introduced a program to create contactless payments in the next five years allowing cardholders to pay fo...
According to United Nations trade development arm Unctad, FDI (foreign direct investment) inflow into Kenya increased to...
The Mozambican Stock Exchange (BVM) wants multinational enterprises (MNEs) exploring hydrocarbons in the country listed...
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