AGRO-PROCESSING company, United Refineries Limited (URL), is struggling to keep up with demand for its newly introduced...
May 08, 2018
ZIMRE Holdings Limited (ZHL) has overturned its loss-making position by $4,36 million for the financial year ending Dece...
BARCLAYS Bank of Zimbabwe says its non-performing loans stood at 2,2% at the end of 2017, a reflection of a quality loan...
The Reserve Bank of Zimbabwe (RBZ) says it is disbursing $450 000 daily to banks with branches at tobacco auction floors...
ZIMBABWE has moved a step closer to lithium value addition, as enunciated by President Emmerson Mnangagwa, following ins...
Hwange Colliery Company Limited’s (HCCL) management is set to meet Mr Nicholas van Hoogstraten, one of its major shareho...
Safaricom, the largest telecom company in Kenya, is piloting a social messaging app that will link to M-Pesa in a strate...
Safaricom’s debut into the global digital economy comes at an opportune time when mobile credit companies and electronic...
Brainworks Limited, which last year became the first Zimbabwean company to list on the main board of the JSE, said on Mo...
South African drug maker Aspen Pharmacare will produce up to 3.6 billion pills a year at its new manufacturing plant as...
Kaap Agri published their maiden interim results. Revenue for the period came in at R3.411 billion, gross profit was R58...
Reuters) - Even by its own standards, Ethiopian Airlines' recent growth has been fast -- so fast that it revised the amb...
Farmers in South Africa have filed a complaint with the country's competition watchdog about Anheuser-Busch InBev's deci...
A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alterna...
Zimbabwe Stock Exchange-listed Fidelity Life Assurance tumbled to a loss of $1,3 million in 2017 against the restated pr...
May 07, 2018
ZVISHAVANE-BASED platinum miner, Mimosa Mining Company, has marginally increased output to 30 129 ounces in the first qu...
HWANGE Colliery Company Limited (HCCL) saw production rising by more than 100 percent to 232 000 tonnes in the first qua...
Wood Group Plc, a British company that offers energy services, has received a contract from the Kenya government to cons...
Mozambique Railways (CFM) will resume transporting coal from South Africa to the port of Matola after a 20-year interrup...
The producer price of first grade raw cotton will remain at 23 meticais (about 38 US cents) a kilo during this year’s co...
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