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  • Vodacom Tanzania Plc's initial public offering (IPO) has attracted over 40,000 Tanzanian investors, many of them first time participants in the capital market, the telco has said

  • The fish is found mostly Lake Victoria. Limited access to finance and the expertise needed to produce quality products was a major obstacle faced by the company before it entered into a partnership with ICDC.

  • Fast moving consumer goods producer, Probrands, has commissioned a $3,6 million Ultra-high temperature dairy plant in Ruwa as the company seeks to increase its raw milk purchases to one million litres a month before the end of the year.

  • Africa’s largest airline group, Ethiopian Airlines, said it has won the African Aviation ‘African Airline of the Year’ Award for 2017 for the second year in a row.

  • Zuva Petroleum says it is already reaping the benefits of its rebranding exercise, with volumes up 10 percent as its new identity resonate better with customers.

  • Zimbabweans are now consuming more and more spirits, wines and ciders, with ZSE listed African Distillers (Afdis), in which South Africa’s Distell has shares, saying revenues have risen 10% to $14 million on the back of increased consumption.

  • Despite government ordering Illovo Sugar Limited to end the sugar crisis, the commodity is still not available in some parts of Malawi.

  • HARARE, May 23 (The Source) – Zimbabwe’s largest retail operator, OK Zimbabwe reported an 800 percent increase in net income to $6,1 million in the year to March from $700,000 last year on improved revenue.

  • Nigerian firm, Retail Development and Investment Company (RDIC), has signed a memorandum of understanding (MOU) with Shenzhen Jizhao Information Technology Co. Ltd.to build a smart phone and tablet personal computer (PC) assembly plant in Nigeria.

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