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AB InBev expects $400m investment

Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects the total investment in its new brewery at Sagamu in Nigeria, to be up to $400 million, chief executive Carlos […]

NMBZ to roll out service centres

NMBZ Holding Limited says it plans to expand its reach across the country by opening low-cost service centres and using the group’s information communication technology capabilities instead of setting up […]

South Africa’s rand recovers

South Africa’s rand firmed early on Friday, regaining some ground after dropping a day earlier, when the central bank kept lending rates unchanged in a decision that divided policymakers

Mining sector reels in the first quarter

Zimbabwe’s mineral production has been on a steady rise in recent years, but output was severely dented in the second half of last year and the effects have spilled over […]

Prices of basic commodities skyrocket

THE Consumer Council of Zimbabwe (CCZ) expects prices of basic commodities and services to skyrocket following the near 50% increase in fuel prices last Tuesday.

Regular audits for mines

Zambia will carry out regular audits at all mines to avoid any repeat of the situation at Vedanta unit Konkola Copper Mines (KCM), which has breached the terms of its […]

Zim’s trade deficit narrows to $231m

ZIMBABWE’S trade deficit narrowed by 71% to $231 million between February and April this year with analysts attributing the decline to foreign currency shortages as well as a drop in […]

$36m investment for cement

National Cement Company, which this week signed a deal to buy the Kenyan assets of ARM Cement from its administrator, plans to invest $36 million to modernise the production plants […]

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