Company News

One of the best examples of Chinese investment in manufacturing in the African continent can be found in Ethiopia's Eastern Industry Zone, according to CGTN.

HARARE, May 11 (The Source) – Cigarette maker BAT said its first quarter performance was generally flat compared to the comparative period last year, but expects a strong second half anchored by investments in the company’s core brands, which enjoy close to 70 percent market shar...

HARARE, May 11 (The Source) – CBZ Holdings’ income in the first quarter to March increased 7 percent to $37,7 million, driven by a surge in business in the three month period.

Zimbabwean independent power producer, Oxygen Energy Private Limited, has secured an external grant of nearly $1 million for development of a 20 megawatt solar project on rooftops for buildings owned by Old Mutual.

Botash, the sole soda ash miner in southern Africa and one of the largest on the continent, is now looking to make inroads into the market by producing in smaller packages for household consumption, Managing Director (MD) Montwedi Mphathi has said.

Rwandan-listed brewer Bralirwa has once again recorded depressed profit margins, blamed on the slump in beer and soft drinks consumption, increased competition, high input and debt costs.

Pan African banking group, BancABC says it will partner with the Botswana Stock Exchange (BSE) to take Large, Medium and top end Small Medium Enterprises (SMEs) under its wing in a quest to re-shape African banking as well as create value for Botswana companies through the BSE.

Social Enterprise firm GeNNex is set to build its manufacturing plant in Kenya as it eyes the rapidly expanding solar energy sector.

Newly listed Botswana Telecommunications Corporation Limited (BTCL) share price rallied 34 percent year-to-date (YTD)