Botswana
Botswana's Diamond Model: A Blueprint for African Countries Eyeing Gem Success
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,
Aug 07, 2023
Botswana
Shumba Energy's Ambitious Energy Projects to Revolutionize Southern Africa's Power Deficit
With these various energy projects in the advanced stage of development, Shumba Energy is poised to have a significant impact on the energy sector in Southern Africa. As the region grapples with a gro
Aug 02, 2023
Mining
The Rise of Geopolitical Tensions: How a Potential Ban on Russian Aluminium by LME Could Impact African Producers
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
Jul 31, 2023
Zimbabwe
Tongaat Hulett's Sugar Division Acquired by Tanzania's Kagera Sugar: A Sweet Deal or Cause for Caution
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
Jul 25, 2023
Zimbabwe
Tharisa's Karo Platinum Project in Zimbabwe Set to Boost the Country's Economy and Cement its Position as a Key Player in the PGM Industry
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
Jul 19, 2023
Companies
Choppies' Kamoso Acquisition to Boost Liquor Sales, Hardware Growth and Supply Chain Efficiencies
Choppies Enterprises, the Botswana retail giant, has announced the acquisition of a 76% stake in Kamoso Africa for P2 a share of the issued ordinary shares of Kamoso Group plus taking over shareholder
Jul 12, 2023
Zambia
ZCCM Investments Holdings Releases 2022 Financial Update, Focus on Reviving Mopani and Pursuing New Opportunities
Mopani, ZCCM’s flagship copper mining operations, incurred a loss of ZMW5.08 billion in 2022 compared to ZMW 1.46 billion in 2021. Mopani’s smelter shutdown for 45 days hampered its copper production,
Jul 02, 2023
South Africa
FirstRand Limited Maintains Earnings Expectations Despite Challenging Economic Environment
s previously guided, the group expects its credit loss ratio for the year to remain below its stated through-the-cycle range, given its targeted origination approach. The group's capital and liquidity
Jun 21, 2023
Top Stories
Zimbabwe’s Maize Harvest Plummets 70% Accelerating Hunger Fears: Immediate Implications
Zimbabwe is facing a dire agricultural crisis as the Ministry of Agriculture reports an estimated staggering 70% decrease in maize harvest for the farming season 2023/2024 compared to the previous sea
4 hours ago