Zimbabwe's mineral resources have a huge potential to drive the economy in the future, with lithium, gold and diamonds s...
Feb 08, 2018
The mining industry in Tanzania is adopting a wait-and-see approach following the government’s sweeping changes to minin...
The South African mining industry on Wednesday tabled a case for coal mining in the country, arguing that coal will cont...
Zambia expects to increase its annual copper output to 1.5million tons, boosted mainly by improved electricity supply, m...
Feb 07, 2018
Mozambican President Filipe Nyusi on Wednesday announced that, in his protracted discussions with Afonso Dhlakama, leade...
Republican U.S. Senator John Cornyn said following a White House meeting on Wednesday that he is "more optimistic" that...
Zimbabwe is negotiating a $1.5 billion guarantee with Afreximbank to ensure foreign investors' funds are protected, cent...
Nampak a leading packaging material producer, has reported that it is failing to meet market demand at its Mega Pak unit...
African Chrome Fields (ACF), which has invested more than $220 million in chrome mining along the country’s mineral-rich...
South African freight firm Calabash Freight will start using the Tanzania-Zambia Railway Authority (TAZARA) line under a...
Petrochemicals group Sasol completed a 13.6 billion rand ($1 billion) expansion of a wax plant in South Africa that will...
World economic fundamentals are strong, despite recent stock market turmoil, with more trade, more investment and faster...
Mozambique was the last piece of the SADC-EPA jigsaw to fall into place. The other five countries – Botswana, Lesotho, N...
Standard Bank’s economic studies office believes that Mozambique’s economy is expected to grow 3.5% this year and 3.9% b...
The government plans to issue its first green bond in the next financial year to advance the green economy development a...
Maize imports from Uganda rose sharply between October and November last year compared with the same period in 2016, as...
THE value of transactions processed through the National Payments System (NPS) declined by six percent, to close the wee...
THE Zimbabwe Investment Authority (ZIA) says it expects to approve projects valued at $2,5 billion this year on the back...
INTER-HORIZON Securities (Pvt) Limited (IH Securities) predicts government’s efforts to turn around the economy will see...
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