MINING & RETAIL

Chitando to attend African Mining Week

Mines and Mining Development Minister Winston Chitando has confirmed his participation in the upcoming African Mining Week (AMW), scheduled to take place from October 1 to 3, 2025, in Cape Town, South...

By Staff reporter | Published: 12 August 2025

AFRICA BUSINESS

South African Reserve Bank doubles down on new target

South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that if it holds at current levels its forecasts predict lo...

By Staff reporter | Published: 08 August 2025

POLITICS

'South African govt complicit in xenophobic violence'

Zimbabwean human rights activist Duke Maplanka Atterbell has accused the South African government of systemic discrimination against foreign nationals, particularly Zimbabweans, and of failing to addr...

By Staff reporter | Published: 29 July 2025

AMERICAS

US deports 'barbaric criminals' to African state

The United States has deported eight people it labeled "barbaric criminal illegal aliens" to South Sudan, a country the US State Department warns against visiting due to rampant crime, kidnappings, an...

By Staff reporter | Published: 07 July 2025

AFRICA BUSINESS

Intra-African trade up 12% on free trade area

Intra-African trade experienced a significant rebound in 2024, rising by 12.4 percent to reach US$220.3 billion, according to the African Trade Report 2025. This increase marks a strong recovery follo...

By Staff reporter | Published: 26 June 2025

BUSINESS NEWS

African Sun says no going back on asset disposal

Leading hospitality group African Sun Limited (ASL) has confirmed its ongoing strategy to divest non-core assets, unlocking potential to enhance activity and investment in its high-performing hotel un...

By Staff reporter | Published: 24 June 2025

POLITICS

Chivayo dismisses South African FIC's 'fabricated' report

Flamboyant businessman Wicknell Chivayo has strongly denied allegations contained in a South African financial intelligence report which accuses him of corruption, money laundering, and conducting ill...

By Staff reporter | Published: 20 May 2025

AFRICA NEWS

Zimbabwean exemption permits saga returns to South African court

The legal saga over the Zimbabwean Exemption Permit (ZEP) returns to court on Tuesday as the Supreme Court of Appeal (SCA) hears the Department of Home Affairs' appeal against a ruling that temporaril...

By Jan Bornman | Published: 12 May 2025

TELECOMS & TECHNOLOGY

Cassava Technologies, Zindi to showcase African AI innovation

Cassava Technologies, a global tech giant of African heritage, has signed a landmark Memorandum of Understanding (MoU) with Zindi, Africa's largest professional network for data scientists, to jointly...

By Staff reporter | Published: 12 May 2025

TRANSPORT & TOURISM

African Sun tables aggressive refurbishment initiatives

TOP hospitality group, African Sun Limited (ASL) has tabled an aggressive refurbishment initiative which will further enhance the brand's competitiveness on the global front.Presenting the group's per...

By Staff reporter | Published: 07 May 2025

TRANSPORT & TOURISM

African Sun tables aggressive refurbishment initiatives

Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...

By Staff reporter | Published: 07 May 2025

FINANCIAL SERVICES

Stanbic Bank wins Best Pan-African Bank for SMEs award

STANBIC Bank has positioned itself as a leader in the small-to-medium enterprise (SME) space through its suite of purpose-built solutions, including the Africa China Trade Agent Proposition, which con...

By Staff reporter | Published: 14 April 2025

AFRICA BUSINESS

Big swing for the South African rand

The rand has recovered significantly after the chaos of the past week, pulling back below R19 to the dollar as both the US tariff was and shakiness in the Government of National Unity (GNU) ease.Afte...

By Staff reporter | Published: 14 April 2025

POLITICS

Chivayo hires South African lawyer

CONTROVERSIAL businessman, Wicknell Chivayo is restless after the Justice Minister, Ziyambi Ziyambi barred his attorney of choice from representing him in his pending  criminal cases.Chivayo has ...

By Staff reporter | Published: 11 October 2019

INDUSTRIALS & ENERGY

Forex earnings boost Afsun H1 as group embarks on major soft refurbishments

Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30.  This is in spite of a drop in occupancy leve...

By Staff reporter | Published: 28 September 2019

MINING & RETAIL

African Chrome fields shuts down, lays off 500

ONE of the country's largest ferrochrome producers, African Chrome fields (ACF), has shut down its mining operations in Kwekwe, laying off over 500 workers.The company is owned by South African busine...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Zimbabwe to be first African country to put lithium in lead batteries

Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...

By Staff reporter | Published: 23 September 2019

TRANSPORT & TOURISM

African Sun says business booming

LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation.  The group was estab...

By Staff reporter | Published: 14 June 2019

MINING & RETAIL

Zimbabwe eyes deals at Arab African mining conference

Stakeholders in the mining industry will in June convene in London for the third annual Arab African Mining Conference Exhibition where Zimbabwe is anticipating to strike mega deals for the mining sec...

By Staff reporter | Published: 29 April 2019

TRANSPORT & TOURISM

African Sun records $10,1m profit

AFRICAN Sun says it recorded a 110 percent increase in profit to $ 10,135 million during the year ended December 31, 2018 compared to $4,816 million achieved in prior period driven by both an increase...

By Staff reporter | Published: 27 April 2019

MINING & RETAIL

South African firm injects R55 billion into Lupane gas

A SOUTH African mining firm Tumagole Consortium says it is committed to investing R55 billion into the Coal-Bed Methane mining project in Lupane. Tumagole Consortium officials, who were led by South A...

By Staff reporter | Published: 31 January 2019

AFRICA BUSINESS

South African billionaire defends white wealth

Johann Rupert, South Africa's second-richest man with a $6.3 billion fortune, spoke out to defend the stranglehold white people still have over the economy more than two decades after the end of apart...

By Bloomberg | Published: 06 December 2018

MINING & RETAIL

African govts fight 'conflict diamonds' resolution

AFRICAN governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt.Civi...

By Staff reporter | Published: 15 November 2018

TRANSPORT & TOURISM

African Sun euphoric about conferencing, foreign visits

AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun plans t...

By Staff reporter | Published: 10 September 2018

TRANSPORT & TOURISM

African Sun profit up 672%

Hospitality group, African Sun Limited, reported earnings growth for the half year to June 30, 2018 as operating profit surged 672 percent to $3,8 million on good business during election period. Reve...

By Staff reporter | Published: 06 September 2018
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