A Zimbabwean company on Thursday, 23 July 2015, signed a $1.1bn agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant, a move expected to ease power cuts in the country...
27 Jul 2015 07:45
PPC is spending $200m on expanding its production facilities in Zimbabwe by 2020 as the nation's cement market evolves from mostly cash-in-hand sales for home building and renovation to renewed maintenance spending on national infrastructure...
By Mark Allix 7 Jul 2015 07:44
Zimbabwe's power utility has budgeted $5bn for projects to scale up electricity generation, as the country battles a crippling deficit, an executive said...
20 Apr 2015 09:02
Transnet has pleaded with Southern African Development Community (SADC) countries to invest more on railway infrastructure to improve intra-regional trade.
By Mpho Sibanyoni 29 May 2014 11:37
The local arm of SABMiller (SAB)‚ South African Breweries' maltings division is looking to supply product to other African countries following its investments to expand capacity‚ according to the unit's general manager Thinus van Schoor.
By Nick Hedley 13 Mar 2014 12:53
President Jacob Zuma says South Africa and the Democratic Republic of Congo (DRC) must explore ways to stimulate trade and investment between the two countries.
31 Oct 2013 06:07
Retailer Edcon said on Thursday (22 August) that retail sales increased 3.2% to R6.205bn in the first quarter of the current financial year.
23 Aug 2013 10:07
Walmart-owned Massmart on Thursday (22 August) reported a 9.9% fall in first-half profits‚ as consumers in Africa's largest economy came under pressure.
By Zeenat Moorad 22 Aug 2013 10:25
To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.
19 Aug 2013 11:46
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
1 Aug 2013 09:45
Kansai Paint has partnered with the management and staff of Zimbabwe group Astra Industries to buy a 63.25% interest in the group from the Finance Trust of Zimbabwe, an investment vehicle of the Reserve Bank of Zimbabwe.
30 Jul 2013 13:24
The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).
18 Jul 2013 09:48
Public Enterprises Minister Malusi Gigaba has called for greater scrutiny of funding that comes from Brics countries such as China when it comes to infrastructure investment in Africa.
By Nicky Smith 17 Jul 2013 13:01