The South African Department of Trade and Industry (dti) is leading a black industrialists business delegation to Mozamb...
Mar 06, 2018
The signing of new contracts for the sale of Mozambican natural gas, namely to China, as well as the government approval...
South Africa's economic growth forecasts will likely be revised upwards by the time the medium-term budget outlook is an...
Eskom intends to reduce its employee headcount by 4.2percent to 31675 for2018/19, but yesterday said that retrenchments...
Ziscosteel is waiting for the proposed Chinese investor, Tian Li to show up and lead the revival of the former giant ste...
The 2018 tobacco selling season commences on March 21 this year, the industry regulator has said. In a statement on Sund...
Zimbabwe’s funeral assurers’ net premium written for the quarter to September 30, 2017 rose by 11 percent to $125,36 mil...
At least $125 million is required to extend the lifespan of Murowa Diamond Mine by an additional three years, and to pus...
HWANGE Colliery Company Limited (HCCL) needs $500 million to fully recapitalise its operations and working capital of $5...
The last two weeks in South Africa have felt like an economic roller coaster. Zuma’s resignation and Cyril Ramaphosa’s a...
Mar 05, 2018
Transnet has launched a new company, Transnet International Holdings (TIH) to facilitate multiple rail, port and pipelin...
JOHANNESBURG - Nedbank on Friday said it was well placed to shrug off competition from tech-savvy new entrants Discovery...
The Mozambican government may have to borrow an additional US$2.3 billion to secure the participation of the National Hy...
China aims to pursue "stable and healthy development" of the property market in 2018 with an increased focus on providin...
The retail price of petrol and the wholesale price of diesel in South Africa will fall on Wednesday after the rand stren...
Mobile telecommunications firm NetOne has appointed Lazarus Muchenje as chief executive officer effective April 1, a pos...
The 2018 tobacco marketing season begins on March 21 amid expectations that will ease the prevailing foreign currency sh...
THE Zimbabwe International Trade Fair (ZITF) Company has sold 75% of its exhibition space, as preparations for this year...
TRADE between Zimbabwe and Botswana has remained insignificant, as the former contributed only $21,5 million to the latt...
Small and medium-sized enterprises in Africa’s infrastructure sector are set to benefit from an African Guarantee Fund f...
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