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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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Property buyers shun mortgage bonds

The central bank estimated that there is about US$2 billion cash being exchanged outside formal channels, particularly in the informal sector.
By Tatira Zwinoira 2h ago
High cost of production milks dairy sector
High cost of production milks dairy sector
He added that ZADF had also been engaging nutritionists to assist farmers with on-farm feed formulations.
By Melody Chikono Sep. 27, 2023
Unifreight runs on empty as liquidity thins out
However, this increase caused the firm to report a loss of ZWL$9,3 billion at the end of June.
By TAFADZWA MHLANGA and BELINDA CHIROODZA Sep. 27, 2023
Zim’s digital life quality among world’s lowest
The DQL ranks 121 countries based on five pillars, namely: internet affordability, internet quality, electronic infrastructure, electronic government and electronic security (e-security).
By Tatira Zwinoira Sep. 27, 2023
Mines minister calls for lithium partnerships
In line with the National Development Strategy 1, Soda said the government's thrust was to ensure mineral beneficiation and value addition to achieve the country’s Vision 2030.
By TAFADZWA MHLANGA Sep. 27, 2023
OK Zim banks on dollar deals
With all the issues facing the formal retailers, OK Zimbabwe has not let that deter it.
By Mthandazo Nyoni Sep. 26, 2023
First Mutual overturns loss-making position
He said rental income grew by 117% to ZWL$7,9 billion compared to prior year.
By Tatira Zwinoira Sep. 26, 2023
Operating costs chew into Padenga profit
Padenga was also on a drive to reduce borrowing and the associated interest charges to sustainable levels and to improve profitability.
By Tatira Zwinoira Sep. 26, 2023
Zim’s property sector remains resilient
The years 2020 and 2021 were characterised by hard lockdown measures triggered by the steep surge in COVID-19 cases, while the general business environment remained challenging.
By Business Reporter Sep. 26, 2023
CBZ keeps hawk’s eye on global interest rates
Chairperson Marc Holtzman said the group was making inroads into the renewable energy sector and was mobilising resources to support clients in that sector.
By TAFADZWA MHLANGA Sep. 25, 2023
FBC Bank launches hospitality insurance cover
FBC head of retail banking and e-commerce Peter Chava said insurance was very significant in the hospitality sector.
By BELINDA CHIROODZA Sep. 25, 2023
More calls for insurance sector to embrace AI
Over the past three or so years, Zimbabwe has seen a spike in digitisation of the banking systems which has seen the sector go paperless.
By Melody Chikono Sep. 25, 2023
Seed Co projects high seed maize output
Seed Co International chief executive officer Morgan Nzwere said the intake of seed from growers and own farm processing was also up.
By Melody Chikono Sep. 25, 2023
Invest in skills to propel industrialisation in Africa: Pedro 
Pedro lamented the continent’s “serious shortage of industrial skills and professional capacity needed to achieve sustainable development”.
By Staff Reporter Sep. 24, 2023
Be creative & proactive, internal auditors told
This is because although the economy is dollarised, the Zimdollar still remains the reporting currency.
By Tatira Zwinoira Sep. 22, 2023
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Wholesaler Metro Peech insolvent... despite backing by EU private equity fund
The wholesaler was placed under corporate rescue with effect from August 31, 2023, while Oliver Mtasa of Crowe Advisory (Private) Limited was appointed corporate rescue practitioner.
By Mthandazo Nyoni Sep. 22, 2023
Kuvimba sits on 820 000 tonnes of lithium stockpiles
The mine, once owned by Rio Tinto, was one of the world’s largest emerald mines, before it shut down in 2010 after production collapsed and it lost markets.
By Tinashe Kairiza and Mthandazo Nyoni Sep. 21, 2023
Invictus kick-starts drilling at Mukuyu 2
 It will test the primary target interval, the Triassic Upper Angwa formation, sitting approximately 450 metres updip from Mukuyu-1 where hydrocarbons were intersected.
By Mthandazo Nyoni Sep. 21, 2023
Our programmes meet industry needs: ESAMI
Gapa said they have generated excellent graduates who have excelled at providing the best service in both the private and public sectors.
By Blessed Ndlovu Sep. 21, 2023
Steward Bank disburses $2.8 billion in SME loans
This represents a 180% increase from the previous year figure of $1 billion.
By Donald Nyandoro Sep. 21, 2023
FMP to invest in lucrative properties
Moyo said progress at the Arundel Office Park extension was currently at 60%. The construction of a four-storey university students housing facility in Chinhoyi is also progressing well.
By Melody Chikono Sep. 21, 2023
PPC consolidates shareholding in Zim unit
The suspension was a result of government’s suspicion that fungible counters were aggravating the depreciation of the domestic currency, which has been falling since 2016.
By Mthandazo Nyoni Sep. 21, 2023
Steward Bank disburses ZWL$2,8 billion in SME loans
This represents a 180% increase from the previous year figure of ZWL$1 billion.
By Donald Nyandoro Sep. 20, 2023
NJ Ayuk Chimes in on Principles and Energy Policy
NJ Ayuk, during a fireside chat at the prestigious Jesus College, University of Cambridge, shares hopes for the future of the African energy space.
By Newsday Sep. 20, 2023
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GetBucks abandons ZSE after losing millions
GetBucks’s valuation declined further to US$1,79 million the following year before rebounding to US$55,48 million by the end of 2021.
By Tatira Zwinoira Sep. 20, 2023
‘New industrial development policy on cards’
The Zimbabwe National Industrial Development Policy (ZNIDP) is coming to an end in December, with government eager to establish a new framework for the ailing manufacturing sector.
By Freeman Makopa Sep. 20, 2023
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Gold miner seeks US$13m capital
The deal comes at a time when power cuts are taking a huge toll on mining entities across the country, escalating operating costs.
By Melody Chikono Sep. 20, 2023
US embassy empowers women
This comes as its partnership with Purse on Point Africa saw close to 40 women from Academy for Women Entrepreneurs (AWE) graduating in Harare on Monday.
By Melody Chikono Sep. 20, 2023