The International Monetary Fund (IMF) has expressed faith in Mozambiques economic policy and said that the country’s economy is currently in a good shape
Finance
PPC pursuing four African ventures
Pretoria Portland Cement (PPC) will pursue four new opportunities in African countries in an attempt to increase its revenue generation beyond South Africa
Barclays Zimbabwe launches fraud monitoring system
Barclays Bank of Zimbabwe Ltd has introduced automated fraud detection and monitoring systems for international and local debit cards, according to the company’s managing director, George Guvamatanga
Coca-Cola to begin construction of US$60mn plant in Ethiopia
Global beverage manufacturer Coca-Cola will embark on the construction of a US$60mn plant in Ethiopia
Jindal Steel to invest US$500mn in Cameroon’s power and rail sector
Indian steel and power manufacturer Jindal Steel & Power Ltd (JSPL) has revealed plans to invest US$500mn in Cameroon to build a power plant, a railway line and an iron ore processing plant