Over the last week, Invictus has released a throve of updates concerning the Mukuyu-1 well that is currently being drilled in its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin, with early

PPC Zimbabwe's volumes decreased period-on-period by 13% due to the planned kiln shutdown in the first quarter, and margins were negatively impacted by the use of imported clinker.

The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be

The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is

According to Zimtrade, the new requirements that have been put in place by EU are meant to protect consumers and prevent the spread of the False Codling Moth (FCM) into the Union. The EU enacted a reg

In partnership with the South African Reserve Bank (SARB), BankservAfrica introduced PayShap, a revolutionary speedy payment method that is anticipated to transform small-sum transactions in South Afr

Harare-Oil prices are set to experience their steepest weekly decline of the year, with West Texas Intermediate (WTI) futures climbing only slightly above US$69 a barrel on Friday. The market disrupti

Cassava, which has operations in Africa, the Middle East, Europe, the USA, and Latin America, will continue to offer services and goods in South Africa through this investment through its business uni

In recent remarks, French President Emmanuel Macron emphasized Europe's stance on non-involvement in the escalating conflict between the United States and China over Taiwan. The situation has been gro

AH-Vest Limited has reported a slight increase in revenue despite facing challenges from load sheddin and increased manufacturing costs. The company has taken steps to mitigate the impact of loadshedd

Zimbabwe continues to grapple with a protracted electricity crisis, which poses a considerable operational risk to numerous enterprises within the nation. Consequently, these companies find themselves

Samsung's recent ban on the use of generative AI tools like ChatGPT by its employees, following a data leak incident, has significant implications for African businesses and organizations. According t

One of the key projects that Sibanye is advancing is the Keliber lithium refinery project in Europe. The construction of the refinery commenced in March 2023, and the project is set to supply regional

The Kesya Project includes a large-scale exploration license where previous geological mapping and sampling has identified a large rare earth element (REE)-enriched carbonatite intrusion. Rock chip sa

The shift away from fossil fuels is a global trend that is being driven by a range of environmental and economic factors. For countries like South Africa and Zimbabwe, which are heavily reliant on fos

It is also important for Zimbabwe to explore other renewable energy sources such as solar and wind power, which are becoming increasingly cost-effective and accessible. In particular, decentralized re

Simbisa Brands released their trading update for the third quarter ended 31 March 2023, demonstrating the group’s resilience in the face of significant economic headwinds. The fast-food giant reported

Zimbabwe’s Hwange Power Station Unit 7 has been officially integrated into the national power grid, adding 300MW of electricity generation capacity. This milestone comes after the power plant successf

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv