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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.

CBZ appoints Zembe chairperson

ZB Financial Holdings Limited is in the process of being bought by CBZ.
By Blessed Ndlovu 7h ago
Invictus inks gas to power deal
Invictus inks gas to power deal
Invictus said the MoU was non-binding until definitive agreements consisting of a gas sale and purchase agreement (GSPA) was entered into by all parties involved.
By TAFADZWA MHLANGA 7h ago
'Legislation to propel SMEs funding plan'
Venturing into the factoring business requires confidence, according to Isaak Manikai, an associate at Dube, Manikai & Hwacha Legal Practioners.
By Business Reporter 21h ago
2030 upper-middle income vision under threat: Veritas
Over the past few years, due to an increase of geopolitical tensions and worsening climatic conditions, Zimbabwe’s mining and agriculture sectors have, respectively been hit hard.
By Tatira Zwinoira Apr. 23, 2024
Govt in bid to maximise on ZITF
The three-day event facilitates business interactions, networking, exploring trade opportunities for economic rejuvenation, attracting investments and fostering innovation.
By TAFADZWA MHLANGA Apr. 23, 2024
RBZ promises SMEs financial injection
According to the RBZ, SMEs account for only 4% of the total loans, despite them making up an estimated 70% of the economy.
By Melody Chikono and BELINDA CHIROODZA Apr. 23, 2024
WestProp revenue in 38% jump
Operating expenses for the year 2023 amounted to US$5,18 million compared to US$2,49 million the previous year, representing a US$2,68 million increase.
By Mthandazo Nyoni Apr. 23, 2024
Afreximbank pledges to assist Zim on framework for SME financing
A model law on factoring that enabled countries to create a conducive legal and regulatory environment was developed in 2016 and has since been used by seven countries in passing factoring laws.
By Business Reporter Apr. 22, 2024
Afreximbank VP Awani headlines financing conference
The conference will be opened by Reserve Bank of Zimbabwe deputy governor Jesimen Chipika.
By Business Reporter Apr. 22, 2024
‘Trade missions, expos a game changer for Zim’
Charamba said she was impressed to see the number of companies which exhibited at Agritech Expo.
By Mthandazo Nyoni Apr. 22, 2024
Zim seeks US$2b bridge finance for arrears
Ncube said Treasury was expecting to raise US$250 million per year through the new taxing regime introduced this year.
By TAFADZWA MHLANGA Apr. 22, 2024
First Capital engages major banks for credit lines
He further noted that operating expenses increased by 55% from US$30 million in 2022 to US$46,7 million in the year under review.
By Tatira Zwinoira Apr. 22, 2024
Treasury borrowings to be based on proof of repayment: RBZ
The RBZ boss said Treasury should approach the central bank just like any other depositor.
By Tatira Zwinoira Apr. 21, 2024
Govt considered cryptocurrency to deal with currency crisis…as Mushayavanhu reveals ZiG creation
Mushayavanhu said he was in September last year told that he was going to be governor and began consultations.
By Tatira Zwinoira Apr. 19, 2024
Research institution pushes for drought tolerant GMO seed
The call National Biotechnology Authority chairperson  Zeph Dhlamini  comes as the El Niño-induced drought has plagued the 2023/24 agricultural season.
By TAFADZWA MHLANGA Apr. 19, 2024
Zim firms optimistic of clinching deals at Agritech Expo
The expo is a premier event in Zambia for showcasing the latest agricultural technology, products and services.
By Mthandazo Nyoni Apr. 19, 2024
ZRA repackages Batoka Gorge project
The project scope includes construction of the dam wall for US$1,4 billion, power station at US$1,3 billion and other aspects giving a total of US$4,5 billion.
By TAFADZWA MHLANGA Apr. 18, 2024
Shot in the arm for the Deeds Registry
The Deeds Search Hall was in a deplorable state owing to years of wear and tear as well as inadequate maintenance of facilities.
By Business Reporter Apr. 18, 2024
Access to credit by women improves
In a bid to enhance the credit infrastructure and promote financial inclusion, the central bank established the collateral registry in November 2022.
By Mthandazo Nyoni Apr. 17, 2024
Mind your pricing regime, HAZ warns operators
Farai Chimba, the former president of HAZ, told NewsDay Business recently that the industry needed a combination of finance sources to be saved.
By Freeman Makopa Apr. 17, 2024
Old Mutual thumbs up new MPS measures
Companies that have strong financial positions and foreign currency generation, according to the firm, were expected to perform well in the outlook.
By Melody Chikono Apr. 17, 2024
It won’t be business as usual, RBZ boss tells staff
To achieve this, the governor said it was imperative to acknowledge that “our strategy will be in our structure”.
By Mthandazo Nyoni Apr. 17, 2024
Premier seeks US$3,74 million for Zulu project
The required piping and valves are expected to load for site today, and the expectation is that fitment could be complete as early as the week commencing April 22, 2024.
By Mthandazo Nyoni Apr. 16, 2024
Datvest records ZWL$255,2 million profit
This is aimed at establishing a firm foundation for implementation of ESG aspects.
By TAFADZWA MHLANGA Apr. 16, 2024
Depressed ZSE activity looms
The research firm named Delta Corporation Limited and Nampak Zimbabwe as its top picks for the year.
By Mthandazo Nyoni Apr. 16, 2024
Firm order book boosts Masimba revenue
Total assets of the group improved to US$85,8 million, mainly driven by growth in contracts, in progress and contracts receivables.
By BELINDA CHIROODZA Apr. 16, 2024
‘Zim needs to accelerate ICT penetration’
The internet penetration rate in Zimbabwe is estimated to be sitting at 40,52%, and the number of households with internet access at home is forecast at 3,24 million.
By Melody Chikono Apr. 15, 2024
Mineral exports hit US$20b mark
The mine is being resuscitated by the Chinese firm, Yahua Group.
By Blessed Ndlovu Apr. 15, 2024