The funding will be used to repay the overdue balances to Jarcon Opencast Mining Botswana (Pty) Ltd, which will enable Minergy to continue operations in a reduced sales environment.

The concrete foundation pouring is progressing well, with earthworks nearing completion. The pilot mining has commenced, and operational tests will soon begin. Long-lead items manufacturing is progres

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

South Africa’s unemployment rate has shown a slight improvement, declining for the second consecutive quarter to 31.9% in the fourth quarter of 2024, down from 32.1% in the previous quarter. This mar

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre

The global economy has just completed its strongest recovery from a recession in more than 60 years. Yet across much of Africa, that recovery has barely registered, exposing a widening gap between glo

South Africa closed 2025 with GDP growth of 1.1%, a number that is, depending on how you look at it, either a modest step forward or a stark reminder of how far the country still has to go. The coali

The Zambia Statistics Agency has reported a decline in the country's official unemployment rate to 9.9%, down from 12.9% in 2021 and from 12.6% recorded in the 2022 Labour Force Survey.  This was dis

Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an

South Africa's unemployment rate has risen to 33.6% in the second quarter of 2026, a four year high, after more than 178,000 African migrants reportedly left or were deported during an immigration cra

The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont

Zimbabwe’s human-capital problem is increasingly becoming an allocation problem, as the  country has a relatively educated workforce, yet the formal private sector remains too small to absorb the peop

Zimbabwe’s higher-value service industries lost momentum in the second quarter of 2026, with financial and insurance activities contracting 3.6% quarter-on-quarter and professional, scientific and tec

Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p

About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th

South Africans are voting in municipal elections today, 4 November 2026, against a backdrop of persistently high unemployment, deteriorating public infrastructure and declining confidence in political