The World Bank raised its forecasts for the South African economy on Tuesday but warned that growth potential would rema...
Apr 11, 2018
Rwanda's year-on-year inflation edged up to 0.9 percent in March from 0.7 percent in February, the statistics office sai...
Tunisia plans to recover 6.5 billion dinars ($2.72 billion) of bad loans in three public banks as part of its banking re...
South Africa's manufacturing output came in below expectations in February following a run of five months of robust grow...
Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 d...
Libstar Holdings Propriety Ltd, a South African consumer goods company, plans to raise 1.5 billion rand ($124 million) t...
Apr 10, 2018
PPC is weighing expansion into new markets as South Africa’s biggest cement maker seeks to draw a line under a tumultuou...
LafargeHolcim sees improving profit margins at its Africa unit this year as Nigerian and South African economies pick up...
Southern Africa-focused exploration and development company Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, prod...
UbaPesa is a peer-to-peer money market app where users can borrow and lend money. Led by a team with experience in runni...
Three mobile operators, Airtel, Telkom, and Safaricom, are set to launch mobile interoperability in Kenya, joining 15 ot...
In March 2018, Frontier markets recorded a slight growth of 0.2% compared with a 2.2% decline in Emerging markets and...
The Mozambican Tax Authority says that it had collected 34 billion meticais (around EUR 452 million at current exchange...
The Bank of Mozambique has fined 15 financial institutions, including Portuguese-owned banks, for violations of sector l...
Safaricom users will soon be able make transactions online thanks to a new partnership with global online payments platf...
THE ailing Cold Storage Company (CSC)’s market share has shrunk, with the company processing 2% of the country’s 300 000...
THE Competition and Tariff Commission (CTC) approved six company mergers and acquisitions in the fourth quarter of 2017....
HOMELINK Finance has availed a $15 million facility to the leather industry in the country towards retooling and capacit...
ngola’s diamond exports in January brought in the second-highest price per carat ($136.24) for monthly sales since Octob...
Apr 09, 2018
Impala Platinum Holdings said Zimbabwe’s plan to compel mining companies to list the majority of their shares on the loc...
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
