Picture: Shutterstock Strong growth in ad sales on Google search and YouTube were not enough to offse...
Apr 24, 2018
International Monetary Fund wants additional clarification from Mozambique regarding the resources lent to public enterp...
New York Stock Exchange listed Caledonia Mining Corporation has submitted its bid to takeover some of the Zimbabwe Minin...
Apr 23, 2018
South African retailer Pick n Pay Stores posted a 7.1 percent rise in full-year earnings on Thursday, as the grocer cut...
THE country’s export promotion body, ZimTrade, will facilitate the participation of six export ready Small to Medium Ent...
The continued shortage of foreign currency is making it difficult for industries to import raw materials for use in thei...
Zimbabwe’s mineral exports revenue in the first quarter to March this year rose 14 percent driven by sales in platinum g...
CHINESE electrical engineering giant, CHiNT Electric, has committed a $52 million advance payment demand guarantee for t...
FIDELITY Printers and Refiners (FPR) has paid out US$339 million for the purchase of 7,3 tonnes of gold in the first qua...
The government is examining the blockchain to stop illicit cash transfers according to President Uhuru. Speaking at the...
Mozambican bank Millennium Bim, one of the country’s main banks, posted a net profit of 5.5 billion meticais (74 million...
Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of th...
Morocco’s annual consumer price inflation rose to 2.5 percent in March, up from 1.8 percent in February, mainly due to h...
THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency...
Apr 20, 2018
A majority of listed banks are on track to achieving the prescribed Reserve Bank of Zimbabwe (RBZ) minimum capital requi...
Victoria Falls continues to be dominant as the country’s major tourist attraction centre after recording 20,7 percent ri...
The state’s bad loan special purpose vehicle, Zimbabwe Asset Management Corporation Limited (ZAMCO) has emerged with nea...
The Labour Consultative Commission (CCT), the tripartite negotiating forum between the Mozambican government, the trade...
Apr 19, 2018
The British government has promised to mobilise business in the United Kingdom to channel investments to various sectors...
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