CFI Holdings reported an after tax profit of $879,800 for the year ended September 31, 2017 from a $45 million loss in t...
Feb 01, 2018
Economist, Ashok Chakravarti says the present administration should privatise parastatals, as the government has no busi...
LIQUID Telecom has reportedly invested R1,3 billion ($109,6 million) into expanding its data centre facilities in Johann...
Russia has availed $1 million to Zimbabwe to assist the country implement its Low Emission Development Strategy in line...
A combination of surging China imports, tighter supplies and fund interest are expected to sustain prices of stainless s...
Jan 31, 2018
Southern Africa-focused lithium and gold mining and exploration company Prospect Resources has raised $10-million before...
A new Zambian law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by r...
Mozambique has slightly improved its score in the Open Budget Index, rising from 38 to 41 percent. The Index assessment...
South Africa’s biggest specialist fixed-income money manager says it’s not quite ready to resume lending to the cash-str...
Vodacom had 73.6 million active customers across its various markets at the end of December, an increase of 13% year on...
Reuters- New vehicle sales in Kenya dropped 20.78 percent last year, hit by a sluggish economy, a prolonged presidential...
Kenya's year-on-year inflation inched up to 4.83 percent in January from 4.5 percent last month, the statistics office s...
Consumer confidence in South Africa improved slightly in the fourth quarter, reflecting stronger-than-expected economic...
Kenyan opposition leader Raila Odinga has taken an unofficial oath to be "sworn in" as the nation's people's president....
Botswana's rough diamond exports fell by 17 percent in 2017 to 36.03 billion pula ($4 billion) due to weak demand in the...
South African state-run power utility Eskom said on Tuesday interim profits were down 34 percent to 6 billion rand ($504...
South African maize farmers are expected to plant 12% less of the staple crop this season in the face of a dry, hot spel...
The unitary benchmark rate for the Mozambican financial market will decline from 27 percent to 25.75 percent in February...
Mozambique’s Ministry of Tourism and Culture says the country is considering to host the World Tourism Forum, a global e...
THE Zimbabwe Consolidated Diamond Company is working on a structure to lure private investors back into the diamond mini...
The Tigere Real Estate Investment Trust (“the Trust” or “the REIT”) is in advanced negotiations with related parties to acquire two income-producing assets for its portfolio, according to its latest c
he global platinum market is once again plunging into deficit, with the World Platinum Investment Council (WPIC) projecting an 850,000-ounce shortfall in 2025, following an even deeper 968,000-ounce g
The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo
ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break
The government has introduced significant reforms to ease the regulatory and financial burdens on the agricultural sector, particularly in livestock, dairy, and stockfeed industries. The Ministry of
The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k
Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe has seen a 15% uptick in revenue during the first half of 2025, entering the second half on higher-note. The increas
Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize