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
Jun 08, 2023
Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv
Jul 07, 2023
FBC Holdings Limited, a diversified group listed on the Zimbabwe Stock Exchange (ZSE), has achieved an impressive profit after tax (PAT) of ZWL366 billion for the half-year period ended June 30, 2023.
Sep 01, 2023
Zimbabwe's currency, Zimbabwe Gold (ZiG), has emerged as the strongest currency in the Southern African Development Community (SADC) region. It traded at ZiG13.4190 per dollar, surpassing the South Af
Shumba Energy Ltd, a Botswana-based energy development company listed on the Botswana Stock Exchange, has announced steady progress towards financial closure for its flagship Tati Solar PV Project. Th
Zimplow Holdings Limited, a leading manufacturer of agricultural products, has successfully completed a takeover of Barzem, acquiring 49% of the company's shares and making it a wholly owned subsidiar
he Reserve Bank of Zimbabwe (RBZ) has maintained the interest rates at 20% during its most recent monetary policy committee meeting, which took place yesterday. This meeting was significant as it was
The month of March witnessed a significant surge in trade deficit, exceeding 100% and reaching a total of US$184.3 million according to the latest data released by ZimStat. The trade deficit for goods
The price of gold dropped below US$2,330 per ounce today attributed to a stable US dollar, which made gold less attractive to international buyers as investors were eagerly awaiting the Federal Reserv
Zimbabwe's central bank, the RBZ, has announced the withdrawal limits for the new currency, Zimbabwe Gold (ZiG), which will enter circulation on April 30, 2024. To ensure a controlled initial rollout
Nigeria, the largest economy in Africa, experienced a significant increase in its annual inflation rate, reaching 33.2%, the highest since March 1996, compared to 31.7% in the previous month. Througho
