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November 27, 2022
Zimbabwe: Meikles Seeks Approval to Delist From London Stock Exchange
Meikles puts delisting from London Stock Exchange as special issue to be discussed during the firm's annual general meeting on December 5 Read more »
November 09, 2022
Kenya: Kenya - Sendy Receives Funding to Grow Business in Four African Countries
Logistics company Sendy says it has received funding of an undisclosed amount to help scale its logistics and fulfillment services in Kenya, Uganda, Nigeria, and Cote d'Ivoire… Read more »
November 03, 2022
Zimbabwe: Riozim Limited - the Beleaguered ZSE Listed Miner
Riozim Limited the Zimbabwe based, and Zimbabwe Stock Exchange-listed diversified miner, has more going wrong for it than right. Read more »
October 31, 2022
Africa: Three Kenyans Who Have Transitioned to CEO Roles in African Countries
Alcoholic beverage company Guinness Nigeria PLC, a Diageo subsidiary, has appointed John Musunga as the new Managing Director and CEO, effective November 1, 2022. Read more »
October 28, 2022
Kenya: Top Four Corporate Changes in Kenya So Far in 2022
It is not uncommon for companies to experience frequent CEO changes. Read more »
October 25, 2022
Zimbabwe: Innscor Africa Limited - the Corporate Investment Juggernaut Case
The ZSE listed conglomerate has an impressive track record spanning 35 years of creating and building value accretive businesses. Read more »
October 24, 2022
Kenya: Unity Homes Completes 10 Percent of U.S.$44.5 Million Housing Project
Unity Homes has completed 10.0 per cent of its KSh 5.4 billion housing project dubbed Unity East Unity East sits on a 10.4-acre piece of land at Tatu City in Ruiru Sub-County and… Read more »
October 20, 2022
Southern Africa: Airlink Acquires Stake in Privately-Owned FlyNamibia
The independent South African-based airline, Airlink, is acquiring a 40 per cent strategic equity holding in privately-owned Windhoek-based FlyNamibia. Read more »
October 19, 2022
Africa: Airtel's Quiet but Aggressive Groundworks Across Africa
Mobile services are now the main means of communication for the majority of the world's population, supporting economic growth and connecting communities. Read more »
October 18, 2022
Kenya: Safaricom Pushes To Get More CEOs Join To Growth And Prosperity Initiative
Peter Ndegwa has mobilised his Kenyan counterparts to join the Africa Business Leaders Coalition The Safaricom chief executive urged CEOs to take the initiative and be part of the… Read more »
October 13, 2022
Nigeria: Geregu Power Becomes First Energy Company to List On NGX
Nigeria currently generates roughly 4,500MW peak despite having an installed power generation capacity of over 12,000MW. Read more »
Zimbabwe: Simbisa Brands, Hwange Colliery Included On ZSE Index Constituents
When it comes to stock and share investing, no one has created a magic mirror that can foretell what will happen to both companies and investors. Read more »
October 12, 2022
Kenya: Oppo Banks On Customer Centric Approach With Launch of Reno8 Series
Global smart device brand OPPO says plans are in motion to launch its latest phone OPPO Reno 8 series in Kenya The company said the new series would provide strong durability,… Read more »
October 11, 2022
Zimbabwe: ZB Financial Holdings Mulls Shutting Down Home Loan Unit
ZB Financial Holdings Limited, one of Zimbabwe's oldest financial institutions, made a shock announcement to the market that it was mulling a decision to shut down its mortgage… Read more »
October 05, 2022
Kenya: KCB Partners With Basigo Kenya to Finance Electric PSV Buses
KCB Bank Kenya and BasiGo Ltd have partnered to offer the bank's customers access to flexible financing options to purchase electric cars Customers will get up to 90 per cent of… Read more »
October 04, 2022
South Africa: American Fitness Wearables Fitbit to Accelerate Growth Strategy in South Africa
Since the days when the most advanced devices could count steps and calculate calories burnt, fitness trackers have advanced significantly. Read more »
Kenya: Kenya Power to Accelerate Electric Transport Transition
Africa's adoption of electric cars (EVs) started in 2004 when the Cape Town-based company Optimal Energy began developing the idea of a locally produced EV. Read more »
October 03, 2022
Zimbabwe: Crocodile Breeding Padenga Holdings Posts Strong Earnings
Padenga Holdings Limited, the Zimbabwe-based crocodile breeding and gold mining company, is listed on the Zimbabwe Stock Exchange. Read more »
September 29, 2022
South Africa: Mark Willcox, Veteran Deal Maker and Mvelaphanda Holdings Architect, Dies
Mark Willcox the former chief executive of Mvelaphanda Holdings which housed his and veteran African National Congress politician Tokyo Sexwale's business interests has died. Read more »
September 28, 2022
Nigeria: Kenya Breweries Limited MD John Musunga Appointed Guinness Nigeria CEO
KBL Managing Director John Musunga has been appointed the Managing Director and Chief Executive Officer of Guinness Nigeria PLC, a Diageo subsidiary Musunga will officially start… Read more »
September 26, 2022
Kenya: Aviation Body KAAO Appoints New CEO As Eutychus Waithaka Retires
Aviation umbrella body Kenya Association of Air Operators (KAAO) has announced the appointment of Engineer Liz Aluvanze as the new CEO KAAO said its executive committee had picked… Read more »
South Africa: BCX and Alibaba Cloud Pen Deal to Bring Cloud Technologies to South Africa
Partnerships have largely driven technology innovation and global collaborations among tech companies, and Alibaba Cloud is not slowing down in committing itself to such… Read more »
September 20, 2022
Nigeria: Shelter Afrique Approves U.S.$ 19.5 Million Credit Line to Nigerian Firm for Affordable Housing
Shelter Afrique has extended a USD19.5 million line of credit to Lagos-based real estate firm Mixta Real Estate PLC The 7-year facility with a moratorium of 24 months has been… Read more »
South Africa: Growthpoint Signals Turnaround in JSE Listed Property Sector
Growthpoint Properties Limited published its financial results for 2021 on the 15th of September 2022. Read more »
Kenya: Kakuzi Prepares to Export Second Avocado Shipment to China Amid Growing Demand
NSE-listed agribusiness Kakuzi says it has secured pre-shipment approvals from the Kenya Plant Health Inspectorate Service (KEPHIS) for its second fresh avocado shipment to China… Read more »
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