South African power utility Eskom, which is struggling from a financial crisis, said on Thursday that it would not resor...
May 03, 2018
South African gold producers agreed a 5 billion rand ($400 million) class action settlement on Thursday with law firms r...
Mozambique’s public electricity company (EDM) needs $6.6 billion (€5.5 billion) to ensure everyone has access to electri...
Business consultancy BMI Research forecasts that Mozambique’s economy will grow 3.6 percent this year and that inflation...
Low cost carrier, fastjet, ended the first quarter of 2018 with an on-time performance of 90% across its network, underl...
Tobacco prices obtaining at the floors this year are better than last year with associations attributing the trend to st...
ZIMRE Properties has started construction of its $13 million mall in Victoria Falls following approval by coun...
Point of Sale (POS) machines increased 20 percent to 70 000 from 56 000 units by end of last year as the country moves c...
The cost of setting up a new business in Mozambique rose 468 percent in three years, the Confederation of Mozambican Eco...
Despite low levels of water in the Zambezi River, the Cahora Bassa dam, in Mozambique’s western province of Tete, genera...
South African poultry producer Astral Foods Ltd on Wednesday flagged a more than five fold jump in half-year earnings, s...
South Africa's Harmony Gold Mining Company said on Wednesday bullion production was flat for the third quarter but was e...
Stanbic Bank Kenya, a subsidiary of South Africa’s Standard Bank Group, has raised a $100 million dual-tranche syndicate...
SHABANIE-Mashaba Mines (SMM) Holdings has started delivering asbestos to industry in a major import substituti...
May 02, 2018
LISTED beverages manufacturer, Delta Corporation Limited, says it has so far spent close to $3 million on its barley con...
The Grain Millers Association of Zimbabwe (GMAZ), has paid $160 million to Government towards the purchase of 2018 maize...
Stanbic Bank Zimbabwe (Stanbic) on Monday unveiled a special facility under which it will provide financing to strugglin...
Tobacco farmers have received $163,8 million after delivering 58,3 million kg to the floors during the first 25 days of...
Choppies Enterprises has begun operations in Mozambique and Namibia as it expands its African footprint and the grocery...
China is now the largest financier and builder of infrastructure in Mozambique, and built the Maputo-Catembe bridge, the...
The Reserve Bank of Zimbabwe (RBZ) is redesigning its Zimbabwe Gold (ZiG) banknotes to improve their quality, durability, and security features, as part of its broader de-dollarisation strategy aiming
ZB Financial Holdings, Fusion Essence, Life Central, digital transformation, core banking system, insurance system, Smile Cash, financial inclusion, Zimbabwe banking, ESG strategy,
In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.
ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has reported a remarkable 123% increase in profit after tax for the half-year ended 30 June 2025, rising
Throughout history, the world has typically adopted the currency of the dominant economic and geopolitical power for global payments. This leading nation often provided “global public goods,” such as
Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said
Zimbabwe’s property market has become one of the region’s most paradoxical phenomena, with house prices soaring 80% over the past five years from 45% a decade ago according to the ZimProp Expo 2025.
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
