The ministry of tourism is targeting 2.5 million arrivals into Kenya from the current 1.475 million arrivals by 2022 and...
Oct 04, 2018
THE banking sector continues to operate on a sound footing premised on adequate capitalisation and improved performance...
Foreign direct investment (FDI) is expected to double to US $ 5.7 billion next year, compared to the US$2.8 billion in 2...
THE People’s Own Savings Bank (POSB) will now be going public or be partially privatised through a private placement aft...
GetBucks, a deposit-taking microfinance institution listed on the Zimbabwe Exchange, has reported a 25% growth in profit...
ZIMBABWE’S cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has a...
The World Bank says the Sub-Saharan African economies are still recovering from the slowdown in 2015-16 although the gro...
Zimbabwe-focused diversified mining group Premier African Minerals, says a study from consultant Bara has confirmed that...
The year 2018 has been a mixed bag of performance for South Africa’s mining industry, with bulk commodity prices continu...
Oct 03, 2018
Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals...
SABLE Chemicals Industries (Sable), Zimbabwe’s only manufacturer of ammonium nitrate (AN), has produced just about half...
GRAIN millers have said they are struggling to comply with the food fortification requirement given constrained capacity...
SUGAR producer, Tongaat Hulett Limited, has appointed Mr Aiden Mhere as acting chief executive officer for its Hippo Val...
ZIMBABWEAN gems from State diamond mining entity, the Zimbabwe Consolidated Diamond Company (ZCDC), will now be sold thr...
THE export incentive scheme payable in bond notes, has generated a staggering $12,6 billion in foreign currency since in...
Government is working to curtail the unrestrained issuance of Treasury Bills (TBs) as the stock of the short-term debt i...
Harare – Finance and Economic Development Minister, Mthuli Ncube on Monday said Zimbabwe's economy is expected to grow b...
Oct 02, 2018
Harare – The Reserve Bank of Zimbabwe (RBZ) on Monday said all banks by mid-October should create nostro accounts for fo...
A total of $98,7 million mortgage loans were advanced to clients in the seven months to July 2018, an industry official...
TOBACCO contracting firm, Agritrade Leaf Tobacco (ALT), has surpassed its own target of contract farmers and has so far...
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
