Nestlé will spend more than a billion Swiss francs ($1 billion) to source coffee sustainably by 2030, the food giant said on Tuesday, more than double its previous commitment.
Chinese and Belarusian miners have invaded the internationally recognized Musangano Lodge in the Mutasa district of Manicaland to prospect for gold and other minerals.
Kenyan President William Ruto vowed on Thursday to overhaul the country's income tax system and introduce reforms that would require high earners to pay more to reduce inequality.
Australian company Invictus Energy Ltd has started drilling one of two oil and gas exploration wells in northern Zimbabwe, the company announced on Monday.
HARARE - A hospitality group, African Sun Limited has completed its outright acquisition of broker Dawn Properties Limited for US$1.47 billion for the six months ended June 30, 2022.
Public Enterprises Minister Pravin Gordhan announced on Tuesday that Eskom's board of directors will be revamped and restructured.
The South African Reserve Bank raised the repo rate by 75 basis points to 6.25% on a Thursday in a move that has received mixed reactions.
Zimbabwe's economic growth is expected to slump to about half of last year's levels amid growing fiscal instability and shrinking agricultural output, the International Monetary Fund (IMF) said on Monday.
South African Deputy President David Mabuza reassured sceptics that privatizing struggling energy company Eskom is not an option for the ANC government.
British energy giant Shell announced on Thursday that CEO Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.