STANDARD Chartered Bank says it will be closing down four more branches across the country in favour of digital processe...
May 14, 2018
GLOBAL electrical engineering giants, China Power and United States incorporated General Electric (GE), have launched a...
Angola plans to privatise 74 state companies over the next few years, predominantly those in the industrial sector, acco...
South Africa's Impala Platinum is seeking tenders to build a tailings or waste storage facility at its Marula mine in a...
South Africa trade union Solidarity has submitted wage hike demands in the gold sector of at least 10 percent annually o...
FINANCE and Economic Development minister Patrick Chinamasa says taking over the Zimbabwe Iron and Steel Company Limited...
May 11, 2018
ZIMBABWE’S gold deliveries increased to 2,887,5 kilogrammes in the month of April from 2,735 kilogrammes in March this y...
EMPLOYERS in the tourism sector have offered a five percent basic salary increase, which will see the...
Bad news from South Africa’s platinum belt has pushed shares of the world’s No. 2 producer of the metal to the lowest si...
Diamond conglomerate De Beers Group has successfully tracked 100 high-value diamonds along the value chain during the pi...
The 8.4% year-on-year decrease in South Africa’s mining production in March is not necessarily an accurate reflection of...
The Kenya Deposit Insurance Corporation (KDIC), a safety net body mandated to guarantee to offer banking resolution for...
Inflation in Mozambique, as measured by the consumer price indices of the three largest cities (Maputo, Nampula and Beir...
Sasol built its business making fuel from coal, shielding apartheid-era South Africa from sanctions. This year, the star...
South Africa's Competition Commission is set to receive the biggest cut of the R1.07 billion budget of the economic deve...
Mining production fell by 8.4 percent on a year-on-year basis in March, weighed down by gold, platinum group metals, dia...
DAIRIBORD Zimbabwe Limited (DZL) says it is in the “initial phase of realising the benefits of restructuring” and is loo...
May 10, 2018
THE Confederation of Zimbabwe Retailers (CZR) has launched a retail price index to assist consumers to...
ZIMBABWE has earned over $360 million from tobacco exports in the first four and half months of this year, latest offici...
Britam Holdings PLC has officially launched Imarika today, a unit-linked investment product that is the first in the mar...
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