President Cyril Ramaphosa on Wednesday held discussions with Moody’s on the various initiatives underway to accelerate t...
Mar 08, 2018
South Africa's future is looking "a lot more positive" since President Cyril Ramaphosa succeeded scandal-plagued Jacob Z...
South Africa's plan to expropriate land without compensation is causing nervousness in markets but the process is likely...
Zimbabwe's largest gold producer Metallon Gold Zimbabwe plans to grow output seven fold within the next two years to 70...
Mar 07, 2018
The Reserve Bank of Zimbabwe needs to concentrate on its role as regulator and not interfere in the allocation of foreig...
The African National Congress (ANC) said on Tuesday it would “press on” with draft legislation on the nationalisation of...
The countries of the Central African Economic and Monetary Community (CEMAC) face continued turbulence as political uphe...
Trust in South Africa's mainstream institutions of government, media, non-governmental organisations and busines...
The German Federal Court ruling on diesel car emissions, which could cost transgressors €8-billion in fines a year, is s...
Mar 06, 2018
The consulting firm BMI Research yesterday revised its growth forecast for the Mozambican economy down to 3.6 percent fo...
Tanzania’s Energy ministry, Monday revoked the licenses of 13 mining companies located inside the Lake Manyara National...
A Zimbabwe government delegation headed by the governor Mashonaland Central province Martin Dinha is in Mozambique’s res...
Good climate conditions are expected to help Rwanda's economy grow 6.5 percent this year, up from a projected 5.2 percen...
Nigeria's lower house of parliament passed a bill on Tuesday aimed at helping authorities to tackle money laundering and...
Tunisia's central bank raised its key interest rate to 5.75 percent from 5.00 percent on Monday to tackle inflation that...
South Africa's economy grew more than expected at the end of last year as agriculture and trade recovered, data showed o...
Coca-Cola Beverages Africa says it has invested Kshs 3 billion in a new Hot Fill Line in its Kenyan operations as it evo...
Rwanda's exports have increased significantly over recent years. The Rwanda Economic Update indicates that exports incre...
Africa attracted 14% of the $8.4-billion budgeted for exploration for nonferrous metals globally in 2017, Standard &...
Democratic Republic of Congo President Joseph Kabila will meet mining company representatives on Tuesday(today) to discu...
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