The Mozambican government has decided to increase the minimum capital of insurance companies from 33 million meticais (E...
May 31, 2018
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...
Sitting outside the ramshackle Vimba Tavern in Johannesburg's Alexandra township, Patrick Mashego swigs from a...
JOHANNESBURG - South African-based Murray & Roberts has agreed in principle to take over construction firm...
South Africa Finance Minister Nhlanhla Nene said on Tuesday that the outlook for tax revenues remain unchanged, in a blo...
Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
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
