Total income for the interim period lowered to R578.0 millionb (R592.7 million). profit from operations decreased to R10...
Mar 21, 2018
GOLD deliveries marginally declined in February to 2,01 tonnes compared to 2,6 tonnes delivered in January, mainly becau...
Zambia has selected a unit of Dutch company Unitel International Holdings as the country's fourth mobile phone service p...
First Quantum Minerals said on Tuesday that Zambia's tax agency had slapped it with 76.5 billion Zambian kwacha ($8.04 b...
Ghana is set to name four banks as lead advisers for a planned sale of up to $2.5 billion of Eurobonds, expected by June...
Zimbabwe has changed its empowerment law to limit majority ownership by state entities to only diamond and platinum mine...
Mar 20, 2018
Facebook Inc Chief Executive Mark Zuckerberg faced calls on Monday from U.S. and European lawmakers to explain how a con...
MTN has announced adjustments to its prepaid data bundles as well as pricing, in a move it says is “in line with custome...
The Australian mining company Mustang Resources has announced that it has found high-grade graphite and vanadium at its...
Telkom Kenya has received authorisation from the Central bank of Kenya to carry out business as a Payment Service Provid...
Despite the challenging environment that impacted on the performance of some of the listed companies, the Nairobi Securi...
The Kenya Bankers Association (KBA)’s has unveiled a new program that seeks to make it easy for SMEs to access both fina...
The banking sector funded a total 5 700 housing units for the whole of last year, according to CBZ Holdings chairman Noa...
CHINA Export and Import Bank (China EximBank) will next month avail the first draw-down of the $1,1 billion funding requ...
Nedbank Zimbabwe, a unit of South Africa’s Nedbank Group, says it will be at the forefront of securing lines of credit f...
Short term non-life insurers recorded a total profit after tax of $35,89 million for the first nine months of last year,...
Zimbabwe’s second largest mobile operator by subscribers NetOne grew its data market share by 6,5 percent in the last qu...
THE Engineering Iron and Steel Association of Zimbabwe (EISAZ) says its sector is importing 90 percent of its key raw ma...
THE Reserve Bank of Zimbabwe (RBZ) has availed more than $350 million in loans towards capacitation of entrepr...
Mining production increased by 2.4% year-on-year in January, bolstered by strong growth in iron-ore production and “othe...
Mar 19, 2018
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