HWANGE Colliery Company Limited (HCCL) is expected to haul 300 000 tonnes of coal beginning this month, as the coal mine...
Jun 07, 2018
First Mutual Holdings Limited (FMHL) will increase its stake in NicozDimond Insurance Limited (NDIL) to 100 percent if s...
South Africa's business confidence fell for a fourth month in a row in May, mainly due to a slide in trade activity and...
Impala Platinum's Zimbabwean subsidiary said on Wednesday it had agreed to give up nearly half of its mining land to the...
Harare - State owned POSB said it is in the process of digitising the bank in line with sector trends and a way to remai...
Jun 06, 2018
At a launch event held recently for the third phase of the “Fit for Life” programme, the Barclays Bank of Zimbabwe Manag...
Dublin-based renewable energy generator Mainstream Renewable has secured funding to develop two South African wind power...
FINANCE minister Patrick Chinamasa says the government is now pursuing a new model on investment that prioritises equity...
Earnings from Rwanda's mineral exports more than doubled to $373-million last year from the previous 12 months, supporte...
Aim-listed Premier African Minerals (Pam) has entered into a loan agreement with a company, owned by a trust of which it...
The government is partnering the State-owed Industrial Development Corporation (IDC) to establish a junior miners’ fund...
South Africa's real gross domestic product expenditure fell by 2.5 percent in first quarter after expanding by 3.1 perce...
THE monthly food basket for a family of six declined by 0,34 percent to $589,58 in May due to a reduction in meat prices...
THE National Railways of Zimbabwe (NRZ) has surpassed its first quarter revenue target of $18 million by five percent dr...
Small scale miners got a reprieve after Government temporarily shelved mining fees levied on them as part of efforts to...
GIANT clothing manufacturer and retailer, Edgars Group, says it will soon resume garments and clothing exports into the...
Jun 05, 2018
THE National Railways of Zimbabwe (NRZ) is working on increasing its revenue streams by expanding its property portfolio...
Listed property firm Mashonaland Holdings Limited says it has made progress on the development of two residential projec...
Tanzania's economy is expected to grow by 7.2 percent in 2018, up from around 7.1 percent last year, and the fiscal defi...
* April exports up 14 pct y/y vs Reuters poll of 6.3 pct rise * April imports up 9.1 pct y/y vs poll forecast of 3.1 pc...
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