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...
People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce
obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the 2025 marketing season, generating US$1,004,477,101 billion in revenue, according to the latest daily
The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f
EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’
The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week, the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr
Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has invested US$1 million in its Carousel Manufacturing division according to the group’s latest financ
Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
