Government has proposed a one percentage point increase in the value-added tax (VAT) rate to 15%. The increase was wide...
Feb 22, 2018
An IAEA (International Atomic Energy Agency) Advisory Mission to Mozambique, conducted as part of a project to support A...
The Mozambican government has announced a five per cent increase in the price of kerosene, taking effect on Wednesday, b...
The government will pay 17 percent of the state’s debt to private sector suppliers this year, Deputy Minister of Economy...
Kenyan mid-tier Commercial Bank Africa (CBA) has acquired Crane Bank Rwanda from Uganda’s Dfcu Bank (USE:DFCU). CBA s...
Zambia's central bank continued to ease its monetary policy stance by cutting its policy rate and the reserve requiremen...
Glencore and Randgold Resources are among major mining companies in the Democratic Republic of Congo clubbing together i...
Feb 20, 2018
The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine o...
Anglo-American Platinum’s local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an incre...
The Mozambican government plans to surrender management of nine national airports to private companies as a way of impro...
Locomotives, wagons and coaches delivered by the Diaspora Infrastructure Development Group (DIDG) to National Railways o...
China was the top country that advanced bilateral loans to Kenya in 2017, latest data from the Treasury shows. China gav...
Ingvil Smines Gjedde, Deputy Minister of Oil and Energy of the Kingdom of Norway, is visiting Mozambique from this Monda...
Zambia will rearrange loans from Chinese companies and instead look to borrow directly from the Asian giant’s government...
Zimbabwe’s central bank said it plans to sell bonds for citizens outside the country to invest in gold and tobacco outpu...
A tariff on steel imports to the United States could hurt theSouth African sector which has battled against cheap import...
State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal...
South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the c...
Production of tea, Malawi's second largest export commodity after tobacco, rose 6 percent to 45.6 million kilograms in 2...
Harare- Simbisa Brands, a local quick service restaurant brand, with a huge regional exposure and a listing on the ZSE,...
Feb 19, 2018
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
