Huawei’s 2018 report entitled ‘Tap into New Growth with Intelligent Connectivity’ has awarded Kenya a global connectivit...
Jun 05, 2018
Shoprite Supermarkets has partnered with Google, Standard Bank, and global mobile payments solutions firm Celbux to intr...
The Mozambican economy grew by 3.2% year-on-year in the first quarter, according to the country’s National Statistics In...
South African auto parts maker Metair has offered to buy Slovenian battery car maker Tovarna Akumulatorskih Baterij for...
Jun 04, 2018
Revenue for the year increased 8% to R21.347 billion (2017: R19.763 billion), profit from operating activities jumped 22...
Barclays Africa plans to join the Nigerian Stock Exchange in July and is exploring opportunities in three other African...
STEWARD Bank has recorded profit before tax of $32,7 million for the full year ended February 28, 2018, a 133 percent ju...
A combination of adverse factors saw pan-African seed giant Seed Co record lower than expected sales volumes and revenue...
Zimbabwe's Parliament has passed amendments to the mining bill after removing clauses that required foreign mining compa...
The National Statistics Institute’s (INE) economic climate indicator registered a slight increase in April, according to...
Bank of Zambia governor Dr Denny Kalyalya says the Central Bank has signed a Memorandum of Understanding with the centra...
South Africa‘s producer price inflation (PPI) quickened to 4.4% year-on-year in April compared with 3.7% in March, the...
Jun 01, 2018
Barclays Bank of Kenya has reported a profit before tax of Kshs. 2.7 billion for the period ended 31 March 2018, a growt...
Kenya's treasury has proposed a 35 percent corporate tax for companies on annual income of more than 500 million Kenyan...
A private Kenyan power firm has signed a 20-year deal to sell 40 megawatts it will generate from a solar plant it is bui...
South African precious metals producer Sibanye-Stillwater is exploring ways to cut debt, it said on Thursday, but ruled...
Barclays Bank of Zimbabwe says it will be operating under a dual brand by October this year following its acquisition by...
MINES minister Winston Chitando yesterday named new boards for the Zimbabwe Consolidated Diamond Company (ZCDC) and the...
STEWARD Bank recorded 176 000 new customers, which helped grow its profit after tax by 268,4% to $22,45 million for the...
THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions...
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