Harare (Equity Axis)- Mash has reported that revenue performance for the first 4 months of the year came in at $1.58 mil...
Feb 22, 2018
Google has integrated M-Pesa as a form of payment into its app store making it easier for Kenyans to make purchases. The...
Kenya has raised Sh202 billion ($2 billion) in a new sovereign bond issue that was closed on Wednesday, the National Tre...
Finance Minister Malusi Gigaba's 2018 Budget Speech has received reaction from the financial and innovation sector who c...
US stock index futures were higher on Thursday as bond yields eased off four-year highs, with traders taking stock of th...
De Beers plans to dig up more diamonds this year than at any time since the 2008 global financial crisis. The unit of A...
Mozambique has become notably more corrupt in recent years, according to the Corruptions Perception Index published by t...
South African bonds stayed in demand on Thursday as markets priced in expectations that government efforts to reduce the...
Ratings agencies Fitch, Moody's and S&P Global all applauded South Africa's budget where the Treasury raised value a...
Governments across sub-Saharan Africa are hitting international debt markets hard and fast to try to beat rising borrowi...
Kenya began a dollar bond sale on Wednesday that analysts said could reach $3 billion, hours after the International Mon...
South Africa's headline consumer inflation slowed to 4.4 percent year-on-year in January from 4.7 percent in December, d...
THE National Railways of Zimbabwe (NRZ) expects financial closure on the $400 million recapitalisation deal with the Dia...
ECONET Media’s pan-African media company Kwesé TV has acquired a significant stake in iflix Africa to form part of its d...
Homelink Finance Services has set aside over $10 million to enhance the export capacity of small to medium enterprises (...
LOCAL farmers have spent $8,4 million importing livestock breeding stock over the last three years as part of effort...
South Africa expects it could take 18 to 24 months for S&P Global and Fitch to return the country’s credit rating to...
Government has proposed a one percentage point increase in the value-added tax (VAT) rate to 15%. The increase was wide...
An IAEA (International Atomic Energy Agency) Advisory Mission to Mozambique, conducted as part of a project to support A...
The Mozambican government has announced a five per cent increase in the price of kerosene, taking effect on Wednesday, 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