The 5MW Great Zimbabwe Hydropower Project has been commissioned, providing a win for local investors struggling to raise funding to get independent power projects off the ground.
The mini-hydro project, at the Mutirikwi dam...
President-elect Donald Trump talked tough on China during his campaign, vowing to impose higher and sweeping tariffs on imports from the Asian giant. Beijing will now also be closely watching the incoming administration’s movements further afield, in...
Firmer gold prices helped Caledonia lift third-quarter earnings by 37%, offsetting rising costs and lower production from Blanket Mine over the period.
Gross profit in the three months to September came in at US$19.3...
Delta says its commanding share of the masese beer market has slipped marginally over the past year, feeling the impact of lower disposable incomes and competition.
In March last year, Delta estimated that Chibuku...
The term “sugar tax” appears at least 10 times in Delta’s latest financials, showing how much it has been a sour point for the country’s biggest beverage company.
Between February and September, the government...
Routes to international capital are narrow for Zimbabwe, and the government is turning to build-and-operate (BOT) contracts to get road infrastructure projects off the ground. However, questions over transparency are likely to arise with each new contract...
Logistics company Grindrod has suspended port and terminal operations in Mozambique after South Africa temporarily closed the main border with its northeastern neighbour over safety concerns after a violent crackdown on post-election protests, the company said on...
Prospect Resources is putting two lithium prospects in Zimbabwe and another in Namibia on the shelf to focus on its new copper project in Zambia.
The company, listed on the Australian Stock Exchange, hit...
Botswana’s governing party has lost its Parliamentary majority, losing power for the first time in 60 years as voters responded to the economic impact of a diamond price slump.
By early Friday, 31 of...
African Sun says it is selling its biggest hotel, the 50-year old Monomotapa Hotel, because the company needs to “evolve” and invest more in “new opportunities” in Victoria Falls and elsewhere.
The company says...
