MINES minister Winston Chitando yesterday named new boards for the Zimbabwe Consolidated Diamond Company (ZCDC) and the...
Jun 01, 2018
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...
The Zimbabwe Power Company (ZPC) yesterday started drawing down on the $1 billion facility extended by the Chinese Gover...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has concluded the acquisition of 100 hectares of land across the...
Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 m...
May 31, 2018
The Lerala diamond mine, in the Palapye region of Botswana, on Wednesday sold for more than $8-million in an online auct...
A draft report by the Communications Authority of Kenya (CA) on increasing competition in the telecommunications sector...
Zimbabwe is expected to import crude edible oil worth $200 million this year in an effort to supplement local production...
Only 54% of tobacco farmers have complied with a government directive to destroy all stalks of the crop, risking an outb...
Following its acquisition by FMB Capital of Malawi, Barclays Bank Zimbabwe, says it is investing around $10 million in r...
Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country b...
Half of Mozambican building contractors are on the verge of declaring bankruptcy as a result of the economic crisis in t...
The Mozambican government has decided to increase the minimum capital of insurance companies from 33 million meticais (E...
First Mutual Properties is working on modalities to scale down the $50 million investment, which was initially earmarked...
May 30, 2018
LISTED construction firm Masimba Holdings is putting final touches to the construction of Old Mutual’s $21,4 million Sma...
Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. Th...
Tanzania has directed multinational companies operating in the country's extractive sector to open local bank accounts s...
Kenya's largest telecoms operator Safaricom could be forced to offer rivals access to its transmission sites and its vas...
The Harare High Court has revoked a ban by the Reserve Bank of Zimbabwe (RBZ) preventing cryptocurrency exchanges from a...
People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce
obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the 2025 marketing season, generating US$1,004,477,101 billion in revenue, according to the latest daily
The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f
EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’
The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week, the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr
Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has invested US$1 million in its Carousel Manufacturing division according to the group’s latest financ
Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
