South African consumer price inflation slowed to its lowest rate in seven years on Wednesday as the end of the worst dro...
Apr 19, 2018
South African retailer Pick n Pay posted a 7.1% rise in full-year earnings on Thursday, as the grocer cut costs and incr...
Kenya's High Court stopped the telecoms regulator on Thursday from monitoring mobile phone networks to detect counterfei...
Kenya expects its sugar production to jump by up to 19 percent this year, recovering from a drought-induced drop the pre...
Bank of England Governor Mark Carney on Thursday dampened widespread expectations for an interest rate hike in May, poin...
Global diamond giant De Beers is rolling out an app to help small-scale, artisanal diamond miners in Sierra Leone certif...
President Cyril Ramaphosa brought his branding of a “new dawn” in South Africa to London as he promised to unveil incent...
The International Monetary Fund (IMF) yesterday downgraded Mozambique’s economy growth forecast to 3 percent this year a...
LEADING digital money transfer service, WorldRemit has partnered Lebara mobile, which offers mobile phone services via s...
THE Zimbabwe Regulatory Authority (Zera) has granted the country’s largest telecoms company, Econet Wireless, a licence...
ZIMBABWE’S gold deliveries surged 57,6 percent in the first quarter of 2018 to 7,3 tonnes compared to 4,63 tonnes during...
Preparations for the 2018 winter wheat cropping season are progressing well amid indications Government has already secu...
After decades of economic isolation, the Zimbabwe Government, led by the Minister of Finance and Economic Develo...
TEXTILE company, Merlin, has filed an application for disposal of non-core and obsolete assets to raise additional worki...
The introduction of platinum-using fuel cells has received another boost with the latest success in hydrogen compression...
Apr 18, 2018
South Africa's Combined Motor Holdings Limited (CMH) reported on Tuesday a 17.1 percent increase in full-year headline e...
TOBACCO Industry Marketing Board (TIMB) has suspended Agritrade Leaf tobacco from buying tobacco in Rusape amid revelati...
Apr 17, 2018
ZIMNAT Life Assurance has launched the Zimnat Security Plan, a life assurance policy that provides $10 000 life cover fr...
The Commission of the Economic Community of West African States (ECOWAS) has signed a Memorandum of Understanding (MoU)...
The Government of Uganda has successfully signed an agreement with a consortium of American and Italian firms to finance...
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