Search results for 'African markets'
World
African Markets Update: Malawi Stock Exchange Surpasses Zimbabwe Stock Exchange for the Leading African Exchange Market

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Apr 25, 2023
Zimbabwe
ZiG Faces Imminent Collapse: RBZ Injects $64 Million in Ongoing Efforts

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

Sep 20, 2024
Zimbabwe
Digital Dawn: ZSE Direct Surges 28% as Zimbabwe's Stock Market Boom in Q3

d clients and 10,740 active clients. The number of trades increased by 28.68%, reflecting the growing interest in online trading. ZSE Direct has democratized access to the capital markets, offering

Oct 10, 2024
Companies
CAPEX Jumps Over 2000% to $2M: Turnall Bets on New Investments

Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus

Oct 15, 2024
Companies
NATIONAL FOODS' SHOCK EXIT: Weighs Delisting From VFEX, Barely 2 Years after Listing

Largest food producer, National Foods (Nat Foods) Limited, is contemplating a delisting from the Victoria Falls Stock Exchange (VFEX), according to the latest circular from the group. Nat Foods was

Oct 31, 2024
Companies
Simbisa Brands Energy Costs More Than Double in Q1, But New Store Openings Cushion the Blow

Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up

Nov 25, 2024
Companies
Seed Co Projects 140% Jump in Shareholder Earnings for FY2026

Seed Co International Limited, a pan-African seed producer listed on the Victoria Falls Stock Exchange (VFEX) with a primary listing on the Botswana Stock Exchange (BSE), is projecting a sharp recover

Jun 22, 2026
World
Why Investors Are Increasingly Choosing Kenya

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

Jun 23, 2026

Top Stories

Zimbabwe Heads for Third Consecutive Wheat Record: ARDA Grows Nearly Half as National Plantings Hit 133k Hectares

Zimbabwe has planted 106% of its 125,000 hectare winter wheat target, up from 101% at the same point in 2025, taking the national area to roughly 132,500 hectares. The Agricultural and Rural Developme

23 hours ago

Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown

Spirits and Wines maker, African Distillers  has grown the first quarter revenue  by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7

1 day ago

Idle Factories, Falling Prices: Why Zimbabwe’s Tobacco Boom Is Not Reaching Growers

Zimbabwe’s growers delivered 353,813,565 kilogrammes of tobacco across the 2026 marketing season at an average of USD 2.49 per kilogramme according to the latest data from the Tobacco Industries and M

1 day ago

GMB’s Unpaid Balance Rebuilds Ahead of Wheat Intake

The Grain Marketing Board's unpaid balance to farmers on 2025/2026 summer crop deliveries stood at ZiG 81.424 million and USD 7.419 million  by 20 July 2026, against payments already made of ZiG 135,1

1 day ago

Zambia's Green Pivot: Unpacking Chisamba’s Ambitious Milestone

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

1 day ago

From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale

Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one.  The 2025/26 summer season pro

Jul 22, 2026

Zimbabwe’s Lithium Rail Service Intensifies Regional Port Competition

The National Railways of Zimbabwe, Beitbridge Bulawayo Railway and logistics company Silvergill have transported the first 1,000 tonnes of lithium concentrate from Tsingshan Holding Group’s Gwanda Lit

Jul 22, 2026

Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

Jul 22, 2026