South African power utility Eskom, which is struggling from a financial crisis, said on Thursday that it would not resor...
May 03, 2018
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...
South African poultry producer Astral Foods Ltd on Wednesday flagged a more than five fold jump in half-year earnings, s...
South Africa's Harmony Gold Mining Company said on Wednesday bullion production was flat for the third quarter but was e...
Stanbic Bank Kenya, a subsidiary of South Africa’s Standard Bank Group, has raised a $100 million dual-tranche syndicate...
SHABANIE-Mashaba Mines (SMM) Holdings has started delivering asbestos to industry in a major import substituti...
May 02, 2018
LISTED beverages manufacturer, Delta Corporation Limited, says it has so far spent close to $3 million on its barley con...
The Grain Millers Association of Zimbabwe (GMAZ), has paid $160 million to Government towards the purchase of 2018 maize...
Stanbic Bank Zimbabwe (Stanbic) on Monday unveiled a special facility under which it will provide financing to strugglin...
Tobacco farmers have received $163,8 million after delivering 58,3 million kg to the floors during the first 25 days of...
Choppies Enterprises has begun operations in Mozambique and Namibia as it expands its African footprint and the grocery...
China is now the largest financier and builder of infrastructure in Mozambique, and built the Maputo-Catembe bridge, the...
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric
Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, has introduced the possibility of a shift in control after securing full underwriting for its US$8 m
Zimbabwe recorded its highest goods trade surplus of USD 240.2 million in December 2025, a 163.8% increase from November, driven primarily by a 9.1% rise in exports to USD 1.142 billion and a 5.6% dec
Invictus Energy has formally terminated negotiations with Qatar-backed Al Mansour Holdings, ending a high-profile financing and equity deal that was expected to underpin Zimbabwe’s most ambitious gas
A more sustainable approach would rebalance incentives rather than concentrating extraction on the easiest-to-tax players. That could include a more uniform royalty architecture with modest differenti
Zimbabwe’s gold-backed currency (ZiG) recorded a year-on-year inflation rate of 4.1% in January 2026, down sharply from 15.0% in December 2025, marking the country’s first sustained single-digit infla
The global semiconductor landscape is grappling with an unprecedented memory chip shortage, fueled by the explosive growth of artificial intelligence (AI) infrastructure. As data centres devour an in
The Zimbabwe Energy Regulatory Authority (ZERA) has moved to confront a long-ignored reality in Zimbabwe’s energy sector by announcing plans to audit household-level power generation, particularly roo
