The United States on Monday agreed to exempt South Korea from steel tariffs, instead imposing a quota on steel imports a...
Mar 26, 2018
Ratings agency Moody's on Friday affirmed South Africa's investment-grade credit rating and revised its credit outlook t...
South Africa will consider partially privatising struggling state-owned companies as part of wide-ranging reforms set in...
Despite a challenging operating environment in 2017, Equity Bank has reported a 14% growth in Profit After Tax to Ksh 18...
Mar 23, 2018
State-owned Transnet and diversified miner South32 on Thursday signed a seven-and-a-half-year manganese export capacity...
SABI Gold Mine in Zvishavane has ramped up production to 35kg per month on the back of capital injection from its new pa...
NMB Zimbabwe Holdings has posted a profit after tax of $10 million for the year ended 31 December 2017 compared to $5 mi...
THE Zimbabwe Power Company is set to meet senior officials from Jaguar Overseas Limited (JOL) in a preparatory meeting a...
Teleology Holdings has agreed to buy 9mobile, Nigeria's fourth largest telecoms provider, the investment firm said on Th...
A Cypriot investor signed a $4.2 billion deal on Thursday to develop a platinum mine and refinery in Zimbabwe, an invest...
* BoE votes 7-2 to keep rates at 0.5 pct in March * MPC's McCafferty and Saunders unexpectedly back hike * BoE says "o...
Canada's First Quantum Minerals on Wednesday was hopeful of resolving a dispute with Zambia over a whopping 76.5 billion...
South Africa's retail sales rose slower than expected in January, data showed on Thursday, after a sharp rise in the fin...
LSE Aim- and TSX-listed gold producer Caledonia Mining has achieved a new production record at its flagship Blanket mine...
Mar 22, 2018
The Seychelles' economy is estimated to have grown over 5.0 percent last year, up from a 4.5 percent growth in 2016, sup...
Algeria's trade deficit fell to $97 million in the first two months of 2018, versus $2.33 billion in the same period las...
The weighted average yield on Mauritius' 3-year Treasury bond rose to 4.24 percent at auction on Wednesday from 3.29 per...
African leaders agreed on Wednesday to form a $3 trillion continental free-trade zone encompassing 1.2 billion people, b...
Rwanda’s economy grew by 6.1% in 2017 beating 5.2% projections set earlier. The growth is attributed to good performance...
BitPesa, a payments and digital foreign exchange platform that is facilitating intra-African trade, has launched its ope...
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