African Century sees strong growth as fintech investments pay off
A sustained investment in digital platforms propelled deposit levels, while broader income streams were driven by a surge in customer transactions.
Unifreight plans fleet expansion, targets tobacco industry
The logistics group is targeting the tobacco industry, where volumes are projected to exceed 100 million kilogrammes this year, from 84 million kilogrammes recorded in 2025.
Zambia loses $200 million revenue after cutting fuel taxes to shield businesses
The country suspended excise duty and removed Value Added Tax (VAT) on petrol and diesel imports for three months starting April 1.
29 African currencies knocked down by Middle East war: AU,AfDB
At least 29 African currencies have weakened, according to a joint assessment by the African Union and the African Development Bank, amplifying the cost of servicing external debt and importing essential commodities such as food, fuel, and fertiliser.
Voluntary retrenchments at Liquid South Africa
The overall Liquid group, owned by Cassava, has come under severe financial pressure, and its management has manoeuvred to try to ensure the company can pay its debts.
Masholdings declares $266 000 final dividend
The final dividend is in addition to a US$260,000 interim dividend paid during the period under review, bringing the total dividend declared for the year to US$526,000.
Who will save sugar industry giant Tongaat-Hulett?
The business rescue of Tongaat-Hulett Limited has arguably been just such a charade, implicating both the Business Rescue Practitioners and Vision Investments 155, the consortium that, despite the failure of its business rescue plan, still wants to ingest THL.
SA says Zimbabwean ZEP holders can apply for permanent residence
“If they (Zimbabweans) seek to stay within the country then they must apply for other forms of entrance into the country.”
NBS bolsters capital position
The Society’s core capital rose 44 percent to reach US$57 million in the year ended 31 December 2025, comfortably above the regulatory threshold of US$20 million prescribed by the Reserve Bank of Zimbabwe for building societies.
Zim grants two Chinese firms lithium export quotas
Zimbabwe has granted two Chinese mining firms export quotas for lithium concentrates, state media China Securities Journal reported on Monday, two months after Africa’s top lithium producer suspended exports of the key battery material.