THE availability of the United States dollars in the country could improve in 2018 although cash shortages are expected...
Jan 18, 2018
Textile company, Merlin, which resumed operations this year, says in the next few months it will flood the local market...
Jan 17, 2018
Government will soon lower tax brackets for various economic players as an incentive to encourage investment in the coun...
Government and a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa’s Transnet, hav...
Moribund steelmaker, Ziscosteel on Tuesday announced that it will be seeking approval from its minority shareholders to...
The Government has started a process to set up one strong financial institution that will merge functions of several org...
The Bank of Mozambique and Financial Sector Deepening Mozambique are to cooperate in promoting digital financial service...
Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month...
Anglo American's diamond unit De Beers aims to launch the first industry-wide blockchain this year to track gems each ti...
* China 2017 GDP growth seen at 6.8 pct, 2018 6.5 pct * Inflation to edge up but remain muted at 2.3 pct in 2018, 2...
Total profit at enterprises owned by China's central government rose 15.2 percent in 2017 to 1.4 trillion yuan ($217.5 b...
The euro held close to a three-year high against the dollar on Tuesday, as the common currency recovered from earlier lo...
The Nigerian Stock Exchange (NSE) expects a bill that will allow it to be publicly listed will be signed into law this y...
Ethiopian Airlines said on Tuesday it had signed an agreement with the Zambian government to relaunch the southern Afric...
Palladium, the hottest property in the precious metals deck last year, is tipped for a record performance in 2018 even a...
Jan 16, 2018
The Canadian dollar edged higher against its broadly firmer U.S. counterpart on Tuesday as investors braced for a potent...
* Nicolaas Kruger will be replaced by Hillie Meyer * MMI also appoints second deputy CEO & FD * Shares rise more t...
South Africa's central bank said on Tuesday it had appointed Fundi Tshazibana as the seventh member of its monetary poli...
CALEDONIA Mining Corporation Plc has achieved a full year gold production of 56 135 ounces (1,59 tonnes), up 11,4% from...
The diamond sector is targeting to produce a combined output of 4,6 million carats in 2018 after setting aside an invest...
BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that
When Invictus Energy, an Australian-listed junior explorer, first announced it had struck a discovery of gas-condensate and light oil in the Cabora Bassa Basin of Zimbabwe, it felt like the birth of a
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
The Competition and Tariff Commission (CTC) has greenlit the acquisition of Dendairy (Private) Limited by Vamara Group Limited, a subsidiary of the Mauritius-registered Export Trading Group (ETG), in
CEC Renewables Limited, a wholly owned subsidiary of CEC PLC and a pivotal player in Zambia's burgeoning green energy sector, has reported a robust 63% surge in profit after tax for the year ended Dec
Gold prices have continued their relentless climb, reaching US$5,222 per ounce by late February 2026, marking a 5% gain for the month and a remarkable 20% year-to-date increase, according to W
Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework