MAIZE supply on the market has decreased due to anticipated poor harvests caused by the low rainfall experienced in the...
Mar 09, 2018
ZIMBABWE’S external debt increased three percent to $11,3 billion last year, nearly 80 percent of the country’s gross do...
The Zimbabwe National Road Administration Authority will be floating a diaspora infrastructure bond after successfully r...
Russian Foreign Minister Serguei Lavrov announced in Maputo on Wednesday that the Russian company Rosneft, one of the la...
Zimbabwean private equity firm Takura Capital recently purchased Mozambican vegetable producer Companhia do Vanduzi for...
Sanlam is to acquire 100% of Moroccan insurance group SAHAM Finances, effectively rendering it the largest non-banking f...
Tea exports to Kenya’s major markets dropped 30 per cent in January compared with the same period last year, highlightin...
Russian Foreign Minister Sergey Lavrov said on Thursday his country was pursuing military cooperation with Zimbabwe and...
Kenyan bank KCB Group plans to set up its own mobile payment platform this year to handle the jump in transactions via p...
Africa’s overall banking market is the second-fastest-growing and second most profitable of any global region, and a hot...
BAT Kenya’s (NSE:BATK) share price has fallen to a two-and-a-half year low at the NSE following the announcement of a de...
Deputy Assistant Secretary of the US Treasury Eric Meyer on Tuesday urged Mozambican authorities to invest in reforms of...
Mar 08, 2018
The car industry is moving towards making electric car batteries with a higher ratio of nickel, Ola Kaellenius, Daimler...
Junior miner Frontier Diamonds, which started trading on the ASX in January, has recovered the first diamonds from its B...
The Prospectors & Developers Association of Canada's (PDAC's) 2018 convention drew an international crowd of 25 606...
The clothing and textile industry is weighed down by cheap sub-standard fabrics that are continuing to flood the local m...
The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently inten...
Namibia's economy contracted in 2017 by 0.4 percent but is expected to recover and expand by 1.2 percent in 2018 and by...
Air Zimbabwe is set to be restructured amid concerns that the national carrier was bleeding State coffers through loans...
The Reserve Bank of Zimbabwe set a $300 daily cash payment ceiling for tobacco growers this season with balances paid el...
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