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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.

Ncube courts AIIB for infrastructure funding

Membership of the AIIB could provide Zimbabwe with access to long-term funding and technical expertise for major infrastructure projects in sectors such as energy
By Business Reporter Jun 19, 2026
25-year power deal unlocks 50MW Chegutu solar investment
25-year power deal unlocks 50MW Chegutu solar investment
The 50MWac facility, located in Mashonaland West Province, is expected to rank among Zimbabwe's largest grid-connected independent power producer (IPP) projects.
By Business Reporter Jun 19, 2026
ZiG bottlenecks threaten 50-tonne delivery target
Since small-scale miners now contribute 75% of gold deliveries, these ZiG delays threaten the entire industry.
By Freeman Makopa Jun 19, 2026
Zida unveils US$17m investment pipeline
“The promoter is seeking US$12 million in debt financing to support the expansion and scale-up of operations,” Zida said.
By Business Reporter Jun 19, 2026
South Africa’s IDC to gain stake in Hippo, Triangle under Tongaat rescue plan
The development follows the signing of a binding agreement between Tongaat, Vision and the IDC
By Business Reporter Jun 19, 2026
DPC triples bank deposit cover to US$3,000, quadruples microfinance protection to US$2,000
The DPC would continue seeking opportunities across various asset classes in line with its approved investment framework, says chairman Canaan Dube
By Blessed Ndlovu Jun 19, 2026
Zimbabwe targets US$1.56 billion tourism revenue in 2026
ZTA chief executive officer George Manyaya, says the sector was on a positive growth trajectory
By Blessed Ndlovu Jun 19, 2026
DPC fund surges 89% to US$28,8m on premium, investment gains
Premium contribution rates for both ZiG and USD deposits remained pegged at 0,3% of annual average deposits eligible for premium assessment.
By Business Reporter Jun 18, 2026
Gunhill farmer turns garage into mushroom farm
“I was always on social media. The idea of mushroom farming came about after seeing this from social media sites YouTube, WhatsApp, X and Facebook,” he said.
By Admire Jamu-Mlambo Jun 18, 2026
POSB, AFC Insurance strike deal to expand financial inclusion
POSB will offer insurance products underwritten by AFC Insurance, including crop and livestock cover, agricultural loan protection, asset insurance and goods-in-transit cover.
By Allen Mangava Jun 17, 2026
Colonial-era laws choke housing growth, developers warn
Property developers argue that restrictive regulations and lengthy approval processes limit investment and slow efforts to address the country’s housing deficit.
By CONCILIA MUPEZENI Jun 17, 2026
Zimbabwe holds inflation below 5% as oil shock tests central bank’s hard-won gains
The latest figures suggest Zimbabwe’s stabilisation efforts have so far withstood a major external test.
By Valentine Maya Jun 16, 2026
Finsec bets on blockchain for capital market expansion
Finsec chief executive officer Collen Tapfumaneyi said the development represents more than a technological milestone and could reshape how investment
By Blessed Ndlovu Jun 16, 2026
Masimba faces fresh US$2,47m tax bill
These assessments, which cover value-added tax (VAT) and income tax, were recognised in the group’s 2025 financial statements for the period ended
By Tatira Zwinoira Jun 16, 2026
S&P backs Afreximbank with BBB+ rating
S&P noted that Afreximbank’s strong track record of delivering on its mandate underscores its strategic importance.
By Business Reporter Jun 15, 2026
First Capital Bank backs Royal Harare pavilion project
Fadzai Marowa said the partnership extended beyond conventional sponsorship.
By CONCILIA MUPEZENI Jun 15, 2026
Redwing Mine reconnects to national grid as restart gathers pace
The project included the installation of power lines, a new substation and transformer at the mine, marking a significant milestone in the phased restart of the historic gold operation.
By Boitumelo Makhurane Jun 15, 2026
S&P affirms Afreximbank investment-grade rating
S&P noted that the lender’s consistent delivery on its mandate had reinforced its strategic importance across the continent.
By Mthandazo Nyoni Jun 15, 2026
Currency mismatch drains millions from Zimbabwe’s insurers
Madavo estimated that an insurer processing 500 such claims annually could lose as much as ZWG15 million through exchange-rate-related leakages alone.
By Donald Nyandoro Jun 15, 2026
Zim targets African markets in industrialisation drive
Zimbabwe is increasingly looking to regional markets as competition for investment intensifies across Africa
By Freeman Makopa Jun 15, 2026
Cultivating a connected future for Zim’s agriculture sector
Liquid’s IoT connectivity is also enabling aquaculture farmers to monitor water quality and pond conditions remotely, helping improve fish production and reduce losses.
By LORRETA SONGOLA Jun 15, 2026
ZSEH positions VFEX as regional capital-raising hub
Bgoni said the VFEX remained central to the government’s plans for the Victoria Falls International Financial Services Centre following the gazetting of the enabling framework.
By Tatira Zwinoira Jun 15, 2026
Car import boom exposes Zim’s shadow cash economy
Data from the Zimbabwe National Statistics Agency (ZimStat) show passenger motor vehicle imports rising from about US$2,5 million to US$3 million per
By Tatira Zwinoira and CONCILIA MUPEZENI Jun 15, 2026
Car import boom exposes Zim’s shadow cash economy
Data from the Zimbabwe National Statistics Agency (ZimStat) show passenger motor vehicle imports rising from about US$2,5 million to US$3 million per
By Tatira Zwinoira and CONCILIA MUPEZENI Jun 15, 2026
China hands over 300 boreholes to drought-hit Zimbabwe communities
The project followed the El Niño-induced drought that led President Emmerson Mnangagwa to declare a national disaster in 2024.
By Boitumelo Makhurane Jun 12, 2026
NetOne @30: From a mobile network to a digital economy powerhouse
“Thirty years later, NetOne’s story is inseparable from Zimbabwe’s own story of resilience, innovation and progress,” the company said in a statement marking its Pearl Anniversary.
By Sharon Sibindi Jun 12, 2026
Edgars leans on shareholder funding despite earnings rebound
The company said the loans remained outstanding at year-end, highlighting the shareholder’s strategic role in sustaining the business even as Edgars returned to stronger profitability.
By Tatira Zwinoira Jun 12, 2026
Eagle REIT seeks US$35m war chest to drive expansion plans
The planned capital raise underscores Eagle REIT’s growth ambitions as it seeks to scale its property portfolio and unlock new development opportunities.
By Tatira Zwinoira Jun 12, 2026