Three mobile operators, Airtel, Telkom, and Safaricom, are set to launch mobile interoperability in Kenya, joining 15 ot...
Apr 10, 2018
In March 2018, Frontier markets recorded a slight growth of 0.2% compared with a 2.2% decline in Emerging markets and...
The Mozambican Tax Authority says that it had collected 34 billion meticais (around EUR 452 million at current exchange...
The Bank of Mozambique has fined 15 financial institutions, including Portuguese-owned banks, for violations of sector l...
Safaricom users will soon be able make transactions online thanks to a new partnership with global online payments platf...
THE ailing Cold Storage Company (CSC)’s market share has shrunk, with the company processing 2% of the country’s 300 000...
THE Competition and Tariff Commission (CTC) approved six company mergers and acquisitions in the fourth quarter of 2017....
HOMELINK Finance has availed a $15 million facility to the leather industry in the country towards retooling and capacit...
ngola’s diamond exports in January brought in the second-highest price per carat ($136.24) for monthly sales since Octob...
Apr 09, 2018
Impala Platinum Holdings said Zimbabwe’s plan to compel mining companies to list the majority of their shares on the loc...
Zimbabwean manufacturers can tap into Botswana’s $6 billion import bill as the neighbouring country has abounding opport...
Tobacco farmers have grossed $25,8 million from 8,9 million kg of the golden leaf delivered, nine days into the 2018 mar...
SINOHYDRO, contracted by Zimbabwe Power Company (ZPC) to undertake the $1,4 billion extension of Hwange Power Station, w...
Zimbabwe’s proposals to compel miners to list the majority of their shares on the local exchange will strangle companies...
Equity Bank has announced new withdrawal charges on its Equity-PayPal withdrawal Service effective March 2018. The new...
Brainworks have released their maiden final results, therefore there are no comparable figures. Revenue for the period c...
Apr 08, 2018
CANADIAN-based mineral exploration company, Chimata Gold Corp, has commenced drilling works at the Kamativi lithium proj...
Apr 06, 2018
ECOBANK Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending to...
Zimbabwe has lost an estimated 15 000 hectares of crops through destruction by the ravenous fall army worm (FAW), while...
I&M Bank Limited, through its wholly owned subsidiary, I&M Insurance Agency Limited (IMIAL) has announced the su...
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