Search results for 'africa'
Markets
Woolies Appoints First Black CEO as Veteran Insider Sam Ngumeni Takes the Helm
The restructuring also created room for new strategic initiatives. During the period, Woolworths expanded through targeted acquisitions such as Absolute Pets and launched the Woolworths Ventures platf
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
World
Tongaat Hulett Liquidation Hearing Set for 16 April as Voermol Rescue Plan Hangs in Balance
Tongaat Hulett Developments Proprietary Limited, which holds property development assets, operates under a separate rescue plan adopted in May 2023 and is expected to continue unaffected by the THL pr
Mar 17, 2026
Companies
Orion Minerals Completes Okiep Copper Acquisition as Northern Cape Copper Belt Revival Takes Shape
South Africa's Northern Cape is geologically part of the same Proterozoic tectonic system that hosts those world-class deposits, though its copper endowment has historically been smaller-scale and mor
Mar 18, 2026
Zimbabwe
South Africa's Inflation Hits a Decade Low But the Fuel Shock That Arrives Next Will Test Everything
A rand that depreciates meaningfully against the dollar would quickly convert the international oil price shock into a domestic fuel shock of the kind that pushed South African inflation to 7.8% at it
Mar 19, 2026
Technology
Africa's AI Awakening: Cassava Ignites Continent's First NVIDIA-Powered AI Factory in South Africa
Cassava Technologies, the pan-African tech powerhouse rooted in Zimbabwe's Econet Wireless legacy, is launching its AI Factory in South Africa a high-density computing powerhouse fuelled by NVIDIA's a
Mar 19, 2026
Technology
ADvTECH Expands African Education Footprint as Regional Campuses and Schools Drive Growth Strategy
Regional expansion across the rest of Africa has accelerated, with operations in Kenya, Ghana and Ethiopia forming the core of ADvTECH’s international growth strategy. In Kenya, the group continued to
Mar 23, 2026
Zimbabwe
Tharisa Secures Expanded Trade Finance to Strengthen Chrome Trading and Regional Growth Pipeline
The outlook for the Group will continue to be shaped by its ability to execute across these interconnected layers. Chrome trading performance, project development in Zimbabwe, and the progression of d
Mar 24, 2026
Botswana
Netcare Expands Capacity and Adjusts Care Delivery as Medical Scheme Pressures Reshape Patient Flows
Looking ahead, the trajectory of patient activity within Netcare’s network will be shaped by how these operational adjustments interact with ongoing changes in the medical scheme landscape. Capacity
Mar 24, 2026
Companies
Revenue Up 75%, Cash Down 99%: Unifreight's FY2025 Results and Working Capital Crisis
Unifreight Africa Limited, the Zimbabwe Stock Exchange-listed road transport and logistics group formerly known as Pioneer Corporation Africa which operates a fleet-intensive road transport business
Apr 02, 2026
Companies
Dairibord's Tax Bill Swallows 66% Profit Surge as ZIMRA's Reach Extends Into Boardrooms
Dairibord Zimbabwe Limited, the country’s largest milk processor and various mik products producer has recorded a 66% rise in profit before tax to US$5.34 million for the year ended 31 December 2025,
Apr 05, 2026
Companies
Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026
Top Stories
Zimbabwe Records First Sustained Single-Digit ZiG Inflation in Three Decades as Q1 2026 Data Confirms Monetary Consolidation
In its Q1 2026 Quarterly Snapshot published in April 2026, confirmed that ZiG annual inflation reached 4.4% in March 2026 and 3.8% in February 2026, supported by month-on-month inflation of 0.5% in M
Apr 17, 2026IMF Warns of Stagflation Trap in Emerging Markets as Limited Middle East Conflict Tests Policy Limits
The International Monetary Fund (IMF), has uncovered a overlooked risk in its latest global outlook, a stagflationary trap that could grip emerging markets and developing economies far more severely t
Apr 16, 2026Zimbabwe 4th in SADC for Organised Crime Vulnerability, Yet Relatively Safer Continent-Wide
Zimbabwe has recorded its sharpest quarterly jump in police-reported crime in 2025, with 426,946 offences logged between October and December, a 12.1% increase from the 380,727 cases in the third quar
Apr 16, 2026
