Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertai...
Apr 11, 2018
South Africa's state power utility Eskom is sounding out possible buyers for its mortgage business, a tender document sh...
Troubled South African retailer Steinhoff plans to sell 6 percent of its domestic Steinhoff Africa Retail operation to...
Brainworks has reported a loss position for the 12 months period to December 2017 as aims to unlock value through a regi...
Just a week ago, the minister of Social Welfare and Labour fired NSSA’s board chairman Robin Vela and one week on, the a...
THE African Medallion Group (AMG) has introduced a $1 billion gold-backed bond certificate, in a development that is exp...
The Zimbabwe Stock Exchange (ZSE) has extended CFI Holdings Limited’s suspension from trading on the bourse by an additi...
TSL shareholders will receive a $4,8 million once-off dividend from proceeds of disposal of the diversified group’s shar...
GOVERNMENT realised a measly $282 million in six years through taxes and dividends from diamond firms that operated in C...
The Bank of Mozambique has fined 15 commercial banks and other financial institutions a total of 316.49 million meticais...
The Emerging Africa Infrastructure Fund (EAIF) on Tuesday announced that it has successfully completed its latest fundra...
Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel’s local unit as a first step to acquiring all of...
Nestle wants to make all of its packaging recyclable or reusable by 2025, the Swiss food giant said on Tuesday, becoming...
The World Bank raised its forecasts for the South African economy on Tuesday but warned that growth potential would rema...
Rwanda's year-on-year inflation edged up to 0.9 percent in March from 0.7 percent in February, the statistics office sai...
Tunisia plans to recover 6.5 billion dinars ($2.72 billion) of bad loans in three public banks as part of its banking re...
South Africa's manufacturing output came in below expectations in February following a run of five months of robust grow...
Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 d...
Libstar Holdings Propriety Ltd, a South African consumer goods company, plans to raise 1.5 billion rand ($124 million) t...
Apr 10, 2018
PPC is weighing expansion into new markets as South Africa’s biggest cement maker seeks to draw a line under a tumultuou...
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
CBZ Holdings Limited, Zimbabwe’s largest financial institution by deposit base and asset portfolio, has unveiled a potentially transformative strategic shift positioning the informal sector as the cen
PPC Ltd (PPC), through its Zimbabwean subsidiary PPC Zimbabwe Ltd (PPCZ), in which it holds an 88% stake, has taken a significant step in optimizing its asset portfolio by concluding an agreement on 2
