Micro-finance banks face additional capital requirements to provide a buffer against potential financial downturns i...
Mar 01, 2018
Video-on-demand provider iflix has signed a partnership with Safaricom as it aims to grow the number of subscribers loca...
East African Portland Cement Company (EAPCC) has announced that its net loss for the six months to December has worsened...
Australia-listed lithium company Prospect Resources has added to its lithium resource base in Zimbabwe by exercising an...
Ghana will certify the value of gold exports as part of efforts to tighten controls on the sector to ensure the state re...
Zimbabwe aims to supply 10% of the world's lithium and could reach 20%, the mines minister from Africa's top producer of...
The Bank of Mozambique on Monday lowered its benchmark interest rates by 150 base points. A statement from the Bank’s Mo...
The SA Poultry Association (Sapa) has welcomed the decrease in cheap poultry imports from the EU, the largest dumpers of...
South Africa took a step on Tuesday to hasten the transfer of land from white to black owners when parliament backed a m...
Inflation – depending on the way it swings – can be a boon or a burden for retailers. Just ask Shoprite. South Africa’s...
Power utility Eskom was dealt another blow on Wednesday when ratings agency S&P Global announced a further downgrade...
Uncertainty around charter has deterred investment into mining sector. South Africa’s new mining minister Gwede Manta...
Zimplats reported a 30 percent increase in net profit to $21 million for the six months to December, 2017 from $16,2 mil...
Grain milling company, Blue Ribbon Foods Limited says it is working on diversifying into beverages manufacturing, as inv...
THE Africa Seed Trade Association (AFSTA) has set itself a 2025 target to eliminate the prevalence of fake seed on the c...
Ziscosteel requires at least $1billion to restart operations following its closure about 10 years ago while the new inve...
Finance minister Patrick Chinamasa says the country should permanently embrace mobile and electronic payments as cash-ba...
Feb 23, 2018
BRITISH American Tobacco (BAT) has experienced a 25% increase in profit after tax to $10,57 million in the year ending D...
Kwekwe-based chrome miner African Chrome Fields (ACF) is in talks with a number of potential partners including ZimAlloy...
LACK of trust and confidence in banks is one of the reasons the public are not banking their money, a factor partly to b...
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
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s