Search results for 'Economy'
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
Feb 02, 2026
World
Dubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure
Maser Group, a closely held Dubai-based consumer electronics manufacturer, plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p
Feb 09, 2026
Zimbabwe
RBZ Drops 2030 De-Dollarisation Target, Adopts Conditions-Based Mono-Currency Plan
The Reserve Bank of Zimbabwe (RBZ) has shifted its long-term monetary reform strategy from a fixed 2030 mono-currency target to a conditions-based framework, signalling that the transition to a single
Feb 11, 2026
South Africa
South Africa's digital 24-Hour Visa Application Platform Set to Revolutionalise Tourism
In a bold move to supercharge South Africa's post-pandemic tourism rebound, President Cyril Ramaphosa unveiled a game-changing policy during his State of the Nation Address (SONA) today: a fully digit
Feb 12, 2026
South Africa
Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat
The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol
Feb 23, 2026
Markets
Cape Town Is Eating Everyone's Lunch and South Africa's Biggest Landlord Just Proved It
This morning, Growthpoint Properties, South Africa's largest listed property company released its interim results for the six months to December 2025. Tucked in these numbers is a vivid portrait of a
Mar 11, 2026
Zambia
Zambian Breweries Stages Dramatic Turnaround with US$15.1 Million Profit Amid Regional Beverage Boom
ambian Breweries Plc has delivered a remarkable full-year recovery, posting a consolidated net profit of ZMW 294.769 million (≈US$15.1 million) for the year to December 2025, reversing a substantial Z
Mar 12, 2026
Companies
More Duty, Less Revenue: How Zambia's Tobacco Crackdown Built a Black Market Instead
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
Mar 14, 2026
Zambia
Selling Itself to Survive: Decoding Standard Chartered Zambia's 2025 Performance
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
Mar 15, 2026
Top Stories
Zimbabwe’s $2.61 Billion Investment Pipeline Faces Credibility Test Against 31% Historical Realisation Rate
Zimbabwe's latest investment licensing figures have raised the financial stakes of the country's effort to attract foreign and domestic capital, with the Zimbabwe Investment and Development Agency (ZI
14 hours agoManufacturing Overtakes Mining in Investment Value as Industrial Delivery Comes Under Scrutiny
Zimbabwe's manufacturing sector overtook mining in projected investment value during the third quarter of 2026, attracting US$1.219 billion in proposed capital across 49 new licences as the country's
14 hours agoMidlands Takes 54% of Zimbabwe's New Investment Pledges, but Where Is the Capital Going?
Midlands Province captured US$1.407 billion in projected investment during the third quarter of 2026, accounting for 54% of capital proposed under Zimbabwe Investment and Development Agency (ZIDA) lic
15 hours agoTrump's AGOA Blow Deepens Zimbabwe's US$703 Million Remittance Risk Amid South Africa's Migrant Crackdown
United States President Donald Trump's decision to terminate South Africa's eligibility under the African Growth and Opportunity Act (AGOA) from 1 January 2027 has introduced another economic risk for
15 hours agoInvictus Enters Zimbabwe's Next Gas Drilling Phase With A$8 Million Cash as Commercialisation Costs Loom
Invictus Energy is preparing to drill its next major exploration well in Zimbabwe's Cabora Bassa Basin with A$7.97 million in cash remaining at the end of September 2026, as the company advances a gas
1 day ago
