Kwekwe-based ferro-chrome producer Zimasco has been removed from judicial management and will be handed over to its mana...
Feb 09, 2018
The Zimbabwe Revenue Authority (Zimra) surpassed its January 2018 revenue target after gross collections totalled $350,9...
The African Export and Import Bank (Afreximbank) has expressed an interest in financing agro-processing projects in Moza...
The rating agency Standard & Poor’s (S&P) expects Mozambique’s economy to accelerate to 4.5 percent this year an...
Mozambique’s economic growth will depend on the country’s economic diversification and demographic transformation in the...
South Africa’s sovereign dollar bonds fell across the curve on Thursday with the 2041 issue down 1.7 cents to trade at a...
Ethiopia's year-on-year inflation rate edged down to 13.4 percent in January, the statistics agency said on its website....
Mauritius' year-on-year inflation rate jumped to 6.2 percent in January from 4.2 percent in the previous month, the stat...
Tanzania's inflation rate remained unchanged at 4.0 percent in January, the statistics office said on Thursday. "Food...
Kenya's revenue from tourism jumped 20 percent last year, the government said on Thursday, as the sector continued to re...
South African logistics firm Transnet will lease locomotives and wagons to Zambia Railways to boost its capacity to hand...
Feb 08, 2018
Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for t...
Zimbabwe will consider applications from companies mining platinum or diamonds to be exempt from a requirement that they...
Zambia expects to increase its annual copper output to 1.5million tons, boosted mainly by improved electricity supply, M...
Government has so far accrued a $1,2 billion overdraft with the Reserve Bank of Zimbabwe with the new monetary policy st...
THE rate of non-performing loans (NPLs) had dropped to 7,08 percent by end of last year from 20,5 percent in 2015, raisi...
ZIMBABWE’s exports grew 36 percent to $3,8 billion in 2017 compared to $2,8 billion achieved in 2016 driven by the Reser...
Food, home and personal care products producer, Unilever Zimbabwe, has invested $8 million into its operations in the co...
Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits...
South Africa’s net foreign reserves rose to $43.588 billion in January from $42.927 billion in December, the Reserve Ban...
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