Search results for 'infrastructure'
South Africa
Pick n Pay’s Strategic Pivot: Online Growth Pacifies Physical Store Closures
The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar
Feb 05, 2025
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?
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
Mar 13, 2025
Companies
Zimre Holdings to List Emeritus International on Botswana Stock Exchange After a Mega Profit Jump in 2024
Zimre Holdings Limited (ZHL) plans to list its reinsurance subsidiary, Emeritus International, on the Botswana Stock Exchange (BSE) in 2025, marking a pivotal step in its pan-African growth strategy.
Apr 16, 2025
Companies
First Mutual Properties Stuns with $57.2M FY2024 Loss, Yet Revenue Rockets 31%
First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e
May 05, 2025
World
USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development
The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif
May 07, 2025
Zimbabwe
Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies
Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu
Oct 01, 2025
Zimbabwe
ZANU PF's People's Conference Resolutions: Economic Implications of Key Reforms
On October 18, 2025, the ZANU PF Annual National People's Conference in Mutare concluded with a series of resolutions aimed at accelerating Zimbabwe's Vision 2030 agenda of achieving upper-middle-inc
Oct 21, 2025
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
