Spirits and wines maker, African Distillers Limited’s (Afdis) says demand for its products remained buoyant but could no...
Feb 16, 2018
THE Zimbabwe Energy Regulatory Authority (Zera) is currently reviewing a tariff increase application filed by the countr...
ZB Financial Holdings on Thursday reported a 36 percent rise in net income to $15,51 million for the full year to Decemb...
Hotelier Rainbow Tourism Group (RTG) on Thursday launched the tourism industry first integrated mobile and internet appl...
Zimbabwe's consumer price inflation quickened to 3.52 percent year-on-year in January from 3.46 percent in December, dat...
South Africa's new leadership will need to be prudent and creative in managing the economy to avoid a credit rating down...
South African assets soared on Thursday with the rand at near three-year highs after scandal-ridden President Jacob Zuma...
S&P Global shows little sign that it will match a move by Moody's and downgrade Kenya, saying its rating could stay...
* Nigerian oil minister Emmanuel Ibe Kachikwu said he was "not ruffled" by the recent oil price decline and OPEC member...
South African stocks index rose as much as 5 percent on Thursday, putting the main index on track for its biggest one-da...
The January inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent from 15.37...
Telecommunications giant MTN is expected to do a public offer to issue 35 percent of its shares to the Ghanaian public b...
Feb 15, 2018
The Central Bank of Egypt (CBE) cut key interest rates by 100 basis points on Thursday, the bank said in a press release...
Moody's Investors Service ("Moody's") has today downgraded to B2 (stable outlook), from B1 (Rating Under Review outlook)...
The proposed Public Entities Corporate Governance Bill has criminalised the award of loans by parastatals to executives...
The Reserve Bank of Zimbabwe (RBZ) is currently working with the banks to find ways of increasing long term cheaper fina...
Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisi...
The Insurance and Pension Commission (IPEC), an industry regulator, has closed down more than 224 occupational pension f...
Fintech is boosting financial inclusion across Africa, according to Ecobank (www.Ecobank.com/group), the leading indepen...
Ratings agency Moody’s has downgraded Kenya’s long-term issuer bond rating by one notch to B2 from B1 with a stable outl...
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
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the