Government has proposed a one percentage point increase in the value-added tax (VAT) rate to 15%. The increase was wide...
Feb 22, 2018
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 government will pay 17 percent of the state’s debt to private sector suppliers this year, Deputy Minister of Economy...
Kenyan mid-tier Commercial Bank Africa (CBA) has acquired Crane Bank Rwanda from Uganda’s Dfcu Bank (USE:DFCU). CBA s...
Zambia's central bank continued to ease its monetary policy stance by cutting its policy rate and the reserve requiremen...
Glencore and Randgold Resources are among major mining companies in the Democratic Republic of Congo clubbing together i...
Feb 20, 2018
The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine o...
Anglo-American Platinum’s local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an incre...
The Mozambican government plans to surrender management of nine national airports to private companies as a way of impro...
Locomotives, wagons and coaches delivered by the Diaspora Infrastructure Development Group (DIDG) to National Railways o...
China was the top country that advanced bilateral loans to Kenya in 2017, latest data from the Treasury shows. China gav...
Ingvil Smines Gjedde, Deputy Minister of Oil and Energy of the Kingdom of Norway, is visiting Mozambique from this Monda...
Zambia will rearrange loans from Chinese companies and instead look to borrow directly from the Asian giant’s government...
Zimbabwe’s central bank said it plans to sell bonds for citizens outside the country to invest in gold and tobacco outpu...
A tariff on steel imports to the United States could hurt theSouth African sector which has battled against cheap import...
State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal...
South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the c...
Production of tea, Malawi's second largest export commodity after tobacco, rose 6 percent to 45.6 million kilograms in 2...
Harare- Simbisa Brands, a local quick service restaurant brand, with a huge regional exposure and a listing on the ZSE,...
Feb 19, 2018
People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce
obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the 2025 marketing season, generating US$1,004,477,101 billion in revenue, according to the latest daily
The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f
EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’
The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week, the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr
Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has invested US$1 million in its Carousel Manufacturing division according to the group’s latest financ
Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
