AIR ZIMBABWE, whose management has been publicly attacked by Government for mismanagement, says it will be on the road t...
Apr 17, 2018
ZIMBABWE Stock Exchange listed beverage manufacturer, Delta Corporation, revenue grew by 18 percent in the year to March...
South African President Cyril Ramaphosa on Monday, appointed some of the country's financial heavyweights to head up an...
The Moti Group will consider selling shares in its Zimbabwean chrome mining operations if the government pushes ahead wi...
Apr 16, 2018
China and India extended the grace periods granted to Mozambique for repayment of more than $2.2 billion of debt, the so...
The National Social Security Institute (INSS) took administrative possession on Friday, April 13, of a 16-storey mixed-u...
South African state utility Eskom is seeking to recover 66.6 billion rand ($5.5 billion) of costs incurred over the past...
Angolan inflation declined to 20.9 percent in March from 21.47% in the previous month, the statistics office said.Month-...
AUSTRALIAN Stock Exchange-listed Latitude Consolidated Ltd has entered into a binding agreement to acquire a 70% interes...
ZIMBABWE has put on hold plans to undertake a wind resource measurement exercise on three sites with highest energy pote...
Global tin mine production growth will decelerate between 2018 and 2026, compared with 2009 to 2017, owing to stricter e...
The Bureau for Economic Research (BER) has forecast a more upbeat economic outlook for South Africa in the next 18 to 24...
Lucara Diamond has recovered yet another massive diamond in Botswana, at a site previously owned by giant De Beers. The...
Energy Minister Jeff Radebe said last week that a percentage of procurement contracts for the supply of diesel to the mi...
The Nigerian Stock Exchange (NSE) is pleased to announce it will be migrating Access Bank Plc, Lafarge Africa Plc, Sepla...
HARARE- Brainworks is in the middle of concluding a deal involving the sale of a stake it holds in Zim microfinance Getb...
Apr 13, 2018
In 2016 Brainworks acquired Getcash which was then known as Nettcash before rebranding. The value proposition then was t...
ZIMBABWE’s biggest crop seed producer, Seed Co, says it invested $22,16 million in research from 2010 to 2016, as the li...
Cooking oil producers are looking at reducing their import bill by 30% from the current US$300 million annually through...
The Confederation of Zimbabwe Industries (CZI) says the foreign currency backlog for the industry in the last seven mont...
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