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NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

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‘Zim needs to monitor its borrowings’

This comes at a time when the country is struggling to settle public debts in excess of US$19 billion.
By Melody Chikono Oct. 14, 2022
Ramaphosa one year in: Much consultation, still not enough implementation
Ramaphosa one year in: Much consultation, still not enough implementation

One of the hallmarks of South Africa President Cyril Ramaphosa’s first year in office has been the number of conferences, summits, colloquia, and task teams announced to help find solutions to boost the countyry’s flailing economy. While it’s encouraging to have an administration so committed to consultation to find new ways of thinking, the problem — as always — comes down to implementation.

By The NewsDay Feb. 4, 2019
UK banks fear public, politicians set against them on Brexit

LONDON — For decades, Britain’s bankers have relied on their industry’s outsized status in the economy to find a receptive ear in government.

By The NewsDay Oct. 25, 2016
Mainland Chinese shares stop trading after 7% plunge

Trading on mainland Chinese markets has been halted for the day after shares fell more than 7% for the second time this week.

By The NewsDay Jan. 7, 2016
Dollar steady, Aussie jumps on inflation rise

The Australian dollar stole the spotlight yesterday, rallying against the greenback after an unexpected spike in inflation.

By The NewsDay Jan. 23, 2014
JPMorgan sues Berlin transport provider over contract

JPMorgan is suing Berlin’s public transport provider in a British court to recover the $204 million plus interest it says it is owed.

By The NewsDay Jan. 22, 2014
‘UK economic recovery boosts financial firms’ profits, jobs’

Britain’s financial services industry is beginning to feel the benefits of economic recovery, as firms report growth in profits.

By The NewsDay Jan. 21, 2014
Dollar tumbles vs yen as US jobs data weighs

The dollar tumbled to its lowest in almost a month against the yen yesterday.

By The NewsDay Jan. 14, 2014
‘Banks face new probe over mortgage bond trades post 2008’

Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis.

By The NewsDay Jan. 9, 2014
Retreating US stimulus poses risk to world recovery

BRUSSELS — The world economy should finally overcome its hangover from the global financial crisis this year as growth picks up and house prices rise

By The NewsDay Jan. 5, 2014
Fuel prices to go down in November: Zera

Fuel prices are expected to go down after the deadline for fuel industry players to clear their stocks and pave way for mandatory blending of anhydrous ethanol.

By The NewsDay Oct. 23, 2013
Fuel prices to go down in November: Zera

Fuel prices are expected to go down after the deadline for fuel industry players to clear their stocks and pave way for mandatory blending of anhydrous ethanol.

By The NewsDay Oct. 23, 2013
China central bank set for modest policy tightening

China’s central bank may tighten policy moderately as inflation creeps up.

By The NewsDay Oct. 23, 2013
US debt deal hopes boost shares, dollar steady

Cautious optimism that the US government would avert an economically damaging debt default lifted world shares and supported the dollar yesterday.

By The NewsDay Oct. 16, 2013
China inflation at 7-month high

China’s annual consumer inflation rate rose to a seven-month high of 3,1% in September as poor weather drove up food prices.

By The NewsDay Oct. 15, 2013
Sub-Saharan Africa to register growth: IMF

SUB-SAHARAN African economies are expected to register growth in 2014 due to strong growth buoyed by domestic demand in most of the region, the International Monetary Fund has said.

By The NewsDay Oct. 14, 2013
US debt fears raise heat on Treasury bills as collateral

Singapore — Some financial institutions are reducing the use of US Treasury bills as collateral for transactions in stocks and swaps as they prepare for the possibility of a US government default.

By The NewsDay Oct. 14, 2013
Dollar advances vs yen

The dollar got some relief against the yen yesterday from news President Barack Obama has tapped dovish Federal Reserve vice-chairwoman Janet Yellen to head the US central bank.

By The NewsDay Oct. 10, 2013
Dollar falls, investors calm over US shutdown

The first United States government shutdown in 17 years weakened the dollar yesterday, sending it to an eight-month low against the euro.

By The NewsDay Oct. 2, 2013
Euro zone inflation falls to 3-year low in September

Euro zone inflation fell faster than expected in September to its lowest since February 2010.

By The NewsDay Oct. 1, 2013
Euro zone inflation falls to 3-year low in September

Euro zone inflation fell faster than expected in September to its lowest since February 2010.

By The NewsDay Oct. 1, 2013
Euro zone inflation falls to 3-year low in September

Euro zone inflation fell faster than expected in September to its lowest since February 2010.

By The NewsDay Oct. 1, 2013
EU watchdog wants to charge foreign clearing houses

The European Union’s markets watchdog wants to charge foreign clearing houses seeking to cash in on new derivatives rules being introduced across the 28-country bloc.

By The NewsDay Sep. 30, 2013
EU watchdog wants to charge foreign clearing houses

The European Union’s markets watchdog wants to charge foreign clearing houses seeking to cash in on new derivatives rules being introduced across the 28-country bloc.

By The NewsDay Sep. 30, 2013
More top executives jump ship at Bahraini telecom firm

Two more top executives at Bahrain’s Batelco have quit the firm, leaving lower level staff to run the former telecom monopoly.

By The NewsDay Sep. 25, 2013
Glencore takes $7,7bn hit on Xstrata assets

Glencore Xstrata wrote down assets inherited from Xstrata by $7,7 billion, slashing the value of operations in the early stages of development.

By The NewsDay Aug. 21, 2013
Atlas Copco moves to acquire Edwards Group for $1,6bn

Swedish engineering group Atlas Copco yesterday said it was buying British industrial technology firm Edwards Group for up to $1,6 billion.

By The NewsDay Aug. 20, 2013
Wall Street flat after selloff

Stocks were little changed on Friday following the largest one-day drop in almost two months a day earlier.

By The NewsDay Aug. 19, 2013