State oil firm NNPC has awarded 50 companies with contracts to buy Nigerian crude and more than half of them are local f...
May 15, 2018
South Africa aims to finalise a third version of a hotly contested mining charter in June, mines minister Gwede Mantashe...
South Africa's unemployment rate was unchanged at 26.7 percent of the labour force in the first quarter of 2018 compared...
THE Consumer Council of Zimbabwe (CCZ) has reported a 2,88% increase in the cost of living to $591,58 last month from Ma...
PROTON Bakers says it has recorded 400 percent growth in sales in Bulawayo alone where it has created 153 jobs...
THE Zimbabwe Revenue Authority (Zimra) says it surpassed its gross revenue target for April 2018 by 9,81 percent to reac...
The Reserve Bank of Zimbabwe (RBZ) has extended its export incentive to cotton farmers who are set to receive an additio...
Zimbabwe's central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitc...
The growth of bitcoin and other digital currencies is working against the need for the creation of a market-based curren...
Netflix and other so-called “over-the-top” (OTT) Internet streaming services will fundamentally disrupt the pay-televisi...
According to the World Bank’s recent Migration and Development Brief, remittance to low and middle-income countries boun...
May 14, 2018
Kenya and Nigeria have taken first place as the leading agri-tech markets on the continent while Ghana has come third ac...
The Kenya Bankers Association (KBA) has made public its third report on the effect of the interest capping law which pro...
Zimbabwean President Emmerson Mnangagwa said on Monday that Chinese firm Sinosteel Corporation had agreed to invest $1 b...
Caledonia Mining produced 12 924 oz of gold in the first quarter of this year, marginally higher than that produced in t...
The platinum market will move further into oversupply this year, as production from South Africa remains flat and demand...
The 12-month average inflation in Mozambique fell to 9.41 percent in April, according to data from the Mozambican Nation...
Zambia’s leading airline, Proflight Zambia, is set to introduce flights between Harare and Lusaka during the first week...
ZIMBABWE’S top resort town, Victoria Falls, has received a record number of tourists and healthy forward bookings, accor...
THE Ministry of Mines and Mining Development has set a target of producing 75 tonnes of gold annually in the next five 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