DELTA Corporation says the viability of its Shumba Maheu business unit with a monthly turnover of over US$1 million is b...
May 04, 2018
Dairy production in the first quarter of 2018 has been hampered by the shortage of foreign currency and the prevalence o...
OPERATIONAL challenges at Hwange Colliery Company Limited have hit hard on Zimbabwe Chemical Refineries (Zimchem), which...
Brainworks, the Zimbabwean-focused investment company, will prioritise beefing up its balance sheet with a view to makin...
Vantage Capital, a mezzanine fund manager based in South Africa, has announced that it has funded Rosslyn Riviera Shoppi...
Diversified miner Glencore on Thursday reported that its production for the first quarter was largely in line with expec...
Zimbabwe’s government plans to sign a $700-million deal with an investor that will develop a coal-bed methane site, Mine...
KPMG's scandal-hit South African arm lost another major client on Thursday when Barclays Africa Group dropped it as join...
May 03, 2018
U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buyi...
Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday after the stock fell nearly 9 pe...
South African power utility Eskom, which is struggling from a financial crisis, said on Thursday that it would not resor...
South African gold producers agreed a 5 billion rand ($400 million) class action settlement on Thursday with law firms r...
Mozambique’s public electricity company (EDM) needs $6.6 billion (€5.5 billion) to ensure everyone has access to electri...
Business consultancy BMI Research forecasts that Mozambique’s economy will grow 3.6 percent this year and that inflation...
Low cost carrier, fastjet, ended the first quarter of 2018 with an on-time performance of 90% across its network, underl...
Tobacco prices obtaining at the floors this year are better than last year with associations attributing the trend to st...
ZIMRE Properties has started construction of its $13 million mall in Victoria Falls following approval by coun...
Point of Sale (POS) machines increased 20 percent to 70 000 from 56 000 units by end of last year as the country moves c...
The cost of setting up a new business in Mozambique rose 468 percent in three years, the Confederation of Mozambican Eco...
Despite low levels of water in the Zambezi River, the Cahora Bassa dam, in Mozambique’s western province of Tete, genera...
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,
