Search results for 'africa'
Companies
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
Aug 04, 2026
Zimbabwe
Jobs That Were Never Taken: Over 178k Migrants Leave South Africa, Unemployment Hits 4-Year High
South Africa's unemployment rate has risen to 33.6% in the second quarter of 2026, a four year high, after more than 178,000 African migrants reportedly left or were deported during an immigration cra
Aug 13, 2026
Companies
Star Africa Price Cuts Lift Sugar Volumes 38%, Refinery Capacity Reopens Growth Path
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
Aug 17, 2026
Zimbabwe
ZESA Rebundling Confronts 3.7GW Supply Gap by 2030, H1 Import Bill Hits US$84m
Cabinet has moved the restructuring of ZESA into implementation, consolidating generation, transmission, distribution, system planning and commercial functions under ZESA Private Limited at a time Zim
Aug 19, 2026
World
Global Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
Aug 25, 2026
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
