Barclays Kenya launched an app on Friday to allow customers to borrow up to 150,000 shillings ($1,484) for 30 days using...
Mar 19, 2018
Revenue for the year rose to R6.8 billion (R6 billion) and gross profit was higher at R1.44 billion (R1.39 billion). Pro...
Liu He to be a vice premier, Yi Gang to be PBOC chief * Zhong Shan re-elected as commerce minister, He Lifeng as NDRC...
Seven firms have submitted bids to buy a majority stake in Zambia's sole 24,000 barrel per day Indeni Petroleum Refinery...
The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs...
Zimbabwe’s largest financial house, CBZ Holdings reported a 16,8 percent increase in after tax profit to $27,8 million f...
Mar 16, 2018
Dairibord bounced back to profitability with an after tax profit of $1,34 million for the year to December 31, 2017, fro...
AFRICAN Development Bank (AfDB) has extended a $25 million trade finance line of credit to CABS for on-lending to the pr...
Innscor Africa Limited lost 2% or $6 268 952 in revenue during the group’s six months ended December 31, 2017, period du...
Total postal and telecommunication revenue grew 11,2% to $1,15 billion in 2017 driven by an upsurge in the consumption o...
Finance and Economic Planning Minister Patrick Chinamasa is optimistic Zimbabwe will meet its 4,5 percent economic growt...
One of African Sun’s hotels — Elephant Hills in Victoria Falls AFRICAN Sun Limited has recorded a 19 percent grow...
Total revenue for the year from continuing operations jumped to GBP10.4 billion (GBP6.2 billion). Profit attributable to...
Revenue for the year increased to R9.517 billion (2016: R8.954 billion), gross profit rose to R1.756 billion (2016: R1.6...
Zimbabwe has attracted around $300 million in its coal industry that will quadruple production next year versus 2017, it...
Ruling party agreed constitution must allow land seizures. South Africa’s government will ensure land reform takes...
Adidas sent a message to investors who had feared a hard landing for the company’s growth story: there’s plenty of life...
Great Dyke Investments (GDI) Ltd said on Thursday it would invest around $400 million to build a precious metals mine an...
Soap and shampoo maker PZ Cussons warned on full-year profit and said it would cut costs as it fights weaker sales in th...
Mar 15, 2018
Stanbic Holdings has reported its numbers for the full year period ended Dec 2017. Notably, non-interest income grew by...
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
