Nigeria's total national debt grew to 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-gen...
Mar 15, 2018
Annual inflation in Nigeria fell to its lowest level in almost a year in February and slowed for a 13th month in a row l...
Kenyan fuel distributor KenolKobil said on Wednesday its full year pretax profit for 2017 rose slightly to 3.68 billion...
Nigeria plans to raise 70 billion naira ($222 million) via a sovereign bond sale next week, the Debt Management Office (...
Africa has raised us$53 billion from its growing capital markets since 2013, with 2017 recording significant recovery ba...
Mar 14, 2018
STABILISATION of credit rating entails that Zimbabwe’s risk profile has improved and the country now has an opportunity...
FUEL, cooking oil and electricity are on average chewing more than half of the $230 million allocated for imports monthl...
Harare- Truworths, Zimbabwe’s top apparel retailer and a Zimbabwe Stock Exchange listed company has reported that sales...
Zimbabwe’s newest milk processor, ProDairy has invested $1,6 million in an ambitious project in which it is hoping to dr...
South Africa plans to use optimism generated by political changes in the country to tap international bond markets for u...
South Africa’s manufacturing output rose 2.5% year-on-year in January after expanding by a revised 1.8% in December, Sta...
Inflation in the first two months of this year, has remained relatively low, at less than one per cent, according to the...
Mozambique’s Prime Minister Carlos Agostinho do Rosario announced on Monday that the government had set aside 2.7 billio...
Brazil has improved its food safety standards and is working with trade partners to prevent importers from banning Brazi...
Rwanda's economy grew 6.1 percent last year, accelerating slightly from 5.9 percent in 2016, boosted by better performan...
ZIMBABWE’S life assurance industry gross premiums grew by 4% to $272 million in the third quarter of 2017, a report by t...
Mar 13, 2018
TRUWORTHS Zimbabwe overturned its loss making position registering a profit after tax of $548 095 for the half year ende...
Shareholder squabbles continued unabated at suspended Zimbabwe Stock Exchange entity CFI Holdings after proxies represen...
CFI Holdings says recoveries in its property division had helped the group report earnings growth for the first quarter...
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