The US dollar index saw a nosedive on Friday, falling below 100 and hitting its lowest levels in over a year. The decline comes amid indications that US inflation is on a downward trend, sparking hop

The European Union's (EU) new carbon border tax, which will be fully implemented in October 2026, is set to significantly impact African economies. The tax will be applied to imports of products from

According to the report, Group sales for the first four and a half months of FY24 increased by 4.8%, with South Africa sales growth for this period at 4.4% (0.9% like-for-like).

Tongaat was recently at the centre of a storm involving accounts manipulation and gross mismanagement by the management, which dearly costed the company. Over the recent past, the Rudland brothers hav

Star Africa Corporation, a sugar manufacturer, has announced a further delay in the publication of its full-year financial results. The company has revised its expected publication date from the initi

The potential ban on Russian aluminium by the LME brings to the fore the impact of geopolitical tensions on the global metal market, with smaller producers in Africa likely to feel the brunt of any de

The multi-year deal between Botswana and De Beers will significantly increase the supply of precious stones to the country. As other African nations, such as Zimbabwe, explore their diamond resources,

PPC, a leading company in the cement and materials industry, has announced the successful completion of an equity transaction that aims to benefit qualifying employees working for its subsidiaries in

Harare - In a landmark ministerial-level meeting, South Africa and Namibia, both esteemed members of the Southern Africa Development Community (SADC), embarked on a collaborative exploration of energy

In its ongoing efforts to bolster liquidity, facilitate price discovery, and align with international best practices, the Zimbabwe Stock Exchange Limited (ZSE) has announced operational changes effect

With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

Nampak Zimbabwe, a leading manufacturer of plastic packaging products, is aiming to increase its capacity with the acquisition of an eight-colour printer for self-opening paper bags from Bullpak. This

The global sugar industry is currently grappling with adverse El Nino weather conditions, leading to a substantial projected deficit in major producing countries such as Europe, China, India, Thailand

Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group

The London Metal Exchange (LME) plans to introduce new metals contracts based on prices from the Shanghai Futures Exchange (SHFE), according to Reuters. This collaborative effort if it consummates cou

Truworths International Limited (TRU.J) on Monday reported an 8.2% growth in retail sales for the 26-week period ended 31 December 2023. The South African-based fashion retailer revealed that its reta

Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This