BATTERY manufacturer Chloride Zimbabwe says its market share has risen to 69% after the government banned the importatio...
Oct 24, 2018
PURE Oil Industries, one of Zimbabwe’s major cooking oil producers, says it has invested $9 million towards supporting c...
Harare – The Reserve Bank of Zimbabwe on Monday suspended four senior officials implicated in alleged shady deals includ...
Oct 23, 2018
Harare – Coal miner, Hwange Colliery Company Limited said it produced 215 564 tonnes in August 2018 of which 169 520 ton...
Harare – Diversified industrial conglomerate Innscor Africa Limited says its light manufacturing and services segments p...
Mozambique plans to spend 35 billion meticais (US$577.15 million) servicing public debt next year, 3.4% of gross domesti...
Zimbabwe has drawn down $199 million for the expansion of the Hwange Thermal Power Station (HPS), as the country presses...
THE Reserve Bank of Zimbabwe (RBZ) last week released over $10 million to the manufacturing sector to address the shorta...
Transnet’s board dismissed chief executive officer Siyabonga Gama after losing confidence in his ability to lead South A...
Oct 22, 2018
South Africa’s new finance minister will target spending on agriculture, infrastructure and job creation projects in his...
Harare - Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shur...
Harare - Finance and Economic Development Minister, Prof Mthuli Ncube said the Transitional Stabilisation Programme (TSP...
Harare – Delta Beverages, the country’s largest beverages manufacture says foreign currency challenges coupled with hoar...
A number of overtures have been spun by government over the last 4 weeks in a failed attempt to paint a bright picture o...
Brief Fitch Ratings has affirmed Kenya’s Long-Term Foreign- Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable...
The Parliament Budget Office (PBO) says the budget deficit could reach a “record breaking” $3 billion this year as Finan...
ZIMBABWE plans to clear its arrears with the African Development Bank (AfDB) and World Bank in the next 12 months, with...
The Zimbabwe Revenue Authority (Zimra) is a strategic entity to Zimbabwe’s attainment of Vision 2030 and must lead devel...
Government has no intentions of either introducing price controls or “punishing” profiteering businesses, Industry and C...
The 2019 national budget statement, which is set to be announced end of November, is expected to consolidate the fiscal...
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