Following its acquisition by FMB Capital of Malawi, Barclays Bank Zimbabwe, says it is investing around $10 million in r...
May 31, 2018
Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country b...
Half of Mozambican building contractors are on the verge of declaring bankruptcy as a result of the economic crisis in t...
The Mozambican government has decided to increase the minimum capital of insurance companies from 33 million meticais (E...
First Mutual Properties is working on modalities to scale down the $50 million investment, which was initially earmarked...
May 30, 2018
LISTED construction firm Masimba Holdings is putting final touches to the construction of Old Mutual’s $21,4 million Sma...
Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. Th...
Tanzania has directed multinational companies operating in the country's extractive sector to open local bank accounts s...
Kenya's largest telecoms operator Safaricom could be forced to offer rivals access to its transmission sites and its vas...
The Harare High Court has revoked a ban by the Reserve Bank of Zimbabwe (RBZ) preventing cryptocurrency exchanges from a...
South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($...
Telkom SA will focus on new revenue streams such as mobile and broadband, its CEO said after full-year earnings at South...
May 29, 2018
Sugar producer Tongaat Hulett TONJ.J said on Monday its full-year profit fell by 37 percent, weighed down by higher-than...
Retail giant, OK Zimbabwe says it was forced to raise prices in the past year due to cost of sourcing foreign currency,...
May 24, 2018
GOVERNMENT is now fine – tuning the implementation matrix of the $1 billion investment into the Zimbabwe Iron and Steel...
South African gold miner AngloGold Ashanti plans to cut 2,000 jobs at its domestic operations, it said on Wednesday....
May 23, 2018
Malawi's economy is expected to grow 5.1 percent in 2018, supported by more infrastructure investment and social spendin...
Zimbabwe will not require foreign mining companies to list locally as previously announced and will remove the clause fr...
Ethiopia's state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its inf...
Software Group, which is headquartered in Nairobi, is expected to install agency, Internet and mobile banking platforms...
Tharisa Plc has raised approximately US$294 million through a five-year senior secured bond that will be used mainly to complete construction of the Karo Platinum Project in Zimbabwe, giving the miner
Econet Wireless Zimbabwe plans to retire its third-generation (3G) mobile network by the end of December 2027, beginning a major reallocation of spectrum and infrastructure toward fourth-generation (
Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom
Zimbabwe has raised producer and planning prices for the 2026/27 agricultural season, lifting maize and traditional grains to US$432 per tonne, soya beans to US$660.95, sunflower to US$826.19 and whea
Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar
Zimbabwe’s platinum industry is entering a market where the next demand cycle may increasingly come from advanced industrial applications rather than its traditional automotive base, as artificial int
Zimbabwe’s platinum industry has increased refined production during the second quarter of 2026 as operational improvements at major producers lifted output, placing the country’s mining sector in a
The Zimbabwe Investment and Development Agency (ZIDA) and Invest Hong Kong have signed a memorandum of understanding establishing a framework for investment cooperation, including investor referrals,
