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Business

Mar 01, 2016
King Mswati III's share of the just-reopened Lufafa Gold Mine at Hhelehhele in the Hhohho region of Swaziland could be worth up to US$149 million. The King, who rules Swaziland…
Feb 26, 2016
Sagaci Research, a market research and intelligence firm published a new comparative study of Consumers purchasing power using different currencies on the continent vis-a-vis the pricing in the US. The…
Feb 25, 2016
Kenya is among the most attractive target countries for merger and acquisition activity in Africa according to a new report by a business risk consultancy. Control Risks also names South…
Feb 24, 2016
Hopes are fading that Africa’s bond and equity markets will draw more than the most adventurous. A toxic cocktail of plunging commodities prices, policy mismanagement and stubborn corruption have exposed…
Feb 23, 2016
Zimbabwe ordered diamond mining firms to stop operations immediately on Monday and leave the Marange fields as their licences have expired but denied the government was seizing the mines. The…
Feb 22, 2016
Botswana retailer Choppies Enterprises has begun recruiting employees for its Kenya operations, signalling an imminent conclusion of its ongoing buyout of Ukwala Supermarkets. A branch of Ukwala Supermarket in Nairobi.…
Feb 20, 2016
A strong African GDP growth, an increasingly urban and growing middle class, and a strong consumption drive in the African economy, presents opportunities for manufacturers who face declining markets in…
Feb 19, 2016
The Chief Financial Officer of the struggling De Beers, Gareth Mostyn has sounded an optimistic note that although the diamond industry went through torrid times last year, it has the…
Feb 16, 2016
Atlas Development & Support Services (ADSS) is set to raise $5 million by selling new shares to investors. The company, which is dual listed on the London Stock Exchange and…
Feb 15, 2016
South Africa’s manufacturing production rebounded in December after two consecutive months in which it fell, new figures have shown. There was increased output in both monthly terms, with a seasonally-adjusted…
Feb 12, 2016
Canadian-listed Caledonia Mining, which owns Blanket Mine in Zimbabwe, on Thursday said it had sold forward 15,000 ounces of gold production under a six-month collar and cap arrangement. Caledonia said…
Feb 09, 2016
While some traders are lamenting over implementation of the ECOWAS Common External Tariff (CET), the pharmaceutical industry sees it as a move that will promote and increase affordable healthcare in…
Feb 07, 2016
Zimbabwe will now allow foreign investors to buy stakes of up to 49 percent in companies listed on its stock exchange, the central bank governor said last week. Zimbabwe had…
Feb 06, 2016
Imagine putting on a sandal or slippers that has your name customized on it according to your specification and also finding the same product in Europe, Asia and America. Mpaboa…

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