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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.

Belarus takes over Zim’s agric space

During a State visit by Belarusian President Aleksandr Lukashenko last year, several memoranda of understanding (MoUs) were signed between Belarus and Zimbabwe.
Tobacco exports surge
Tobacco exports surge
According to TIMB, 91% of the registered growers are contracted.
By Melody Chikono 16h ago
First Mutual, Ipec tiff rages on
In a cautionary statement yesterday, FMHL said it was not in agreement with the findings of the forensic auditor, BDO Chartered Accountants, which found it guilty of breaking the law.
By MELODY CHIKONO
 Feb. 20, 2024
ZSE, VFEX suffer heavy losses
Exchange rate premium determines the direction of markets in Zimbabwe. It represents many economic indicators that affect capital markets.
By TAFADZWA MHLANGA Feb. 20, 2024
OK Zim revenue up 57%
The company said the depreciation of the local currency against foreign currencies continued in the quarter under review.
By Mthandazo Nyoni Feb. 20, 2024
Govt coffers bleed as oversight too ‘cumbersome’ for Treasury
Money supply growth without corresponding economic output causes a currency to lose its value since it will not be backed by tangible fundamentals.
By Tatira Zwinoira Feb. 19, 2024
BNC to institute budgetary controls
Nickel prices on the London Metal Exchange experienced a significant decrease of 48% to US$16 300 per tonne during the calendar year 2023.
By Business Reporter Feb. 19, 2024
Hippo Valley to exhaust available borrowing facilities for capital
The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By TAFADZWA MHLANGA Feb. 19, 2024
Realising ‘smart cities’ concept, a collaborative effort: Expert
Global Renaissance Investment chief executive Ngoni Dzirutwe said conversation and implementation of the smart cities concept
By Melody Chikono Feb. 19, 2024
Afrodad, Sadc PF sign MoU
Afrodad said the MoU marked a significant milestone towards making “Africa a rule-maker” as they strive for sustainable development and climate justice in Africa.
By Melody Chikono Feb. 16, 2024
Deloitte Zim exits Deloitte
This is coming as business has been slowing down for big firms that outsource consultancy with small players flooding the market.
By Melody Chikono Feb. 16, 2024
Power cuts slash Willdale production
In a trading update for the quarter under review, the brick maker said load shedding also resulted in sales volumes dropping by 9% compared to prior year.
By Mthandazo Nyoni Feb. 16, 2024
All set for Buy Zimbabwe awards
Industry and Commerce minister Sithembiso Nyoni will be the guest of honour.
By BELINDA CHIROODZA Feb. 16, 2024
Deal with currency issue, IMF tells Zim
The IMF team was in Zimbabwe to discuss the authorities’ request for a staff-monitored programme and commence 2024 Article IV consultation.
By TAFADZWA MHLANGA Feb. 15, 2024
ART reports 7% exports decline
At the Mutare Estates unit, timber volumes at 2 583 cubic metres increased by 16% from prior year as demand remained firm and sawmill efficiencies improved.
By Blessed Ndlovu Feb. 15, 2024
Risk anti-selection: A potential threat to reinsurance
Katoma said this helps ensure that the reinsurer is adequately compensated for the potential losses associated with high-risk policies.
By MELODY CHIKONO
 Feb. 14, 2024
Nampak focuses on cost control measures
Demand at cartons and labels division was 1,4% ahead of prior year, somewhat curtailed by raw material constraints.
By Melody Chikono Feb. 14, 2024
Retailers want Vat on rice removed
The SI reinstated Vat, while duty exemptions were also removed on basic commodities.
By TAFADZWA MHLANGA Feb. 14, 2024
Invictus to reveal gas levels in Muzarabani in two weeks
Drilling stopped without the confirmation of the presence of hydrocarbons or any other fluid sample.
By BELINDA CHIROODZA Feb. 14, 2024
Solarpro Zim launches rent-to-buy programme
He said it was also a smart investment in clients’ future, delivering cost-effective energy independence for years to come.
By Business Reporter Feb. 14, 2024
Bard Santner opens office in New York
While there are challenges in the region, including in Zimbabwe, the tide is turning in Africa through the establishment of international financial centres in strategic cities across the continent.
By Business Reporter Feb. 13, 2024
Ndhlukula launches entrepreneurial book
The executive said she penned the business book to highlight her journey of self-discovery and personal growth.
By Business Reporter Feb. 13, 2024
‘Exemption of 21 entities from scrutiny will fuel corruption’
CNRG said transparency in public procurement was essential to prevent corruption and impunity.
By Business Reporter Feb. 13, 2024
Cafca sees 3% decline in sales volumes in Q1
Established in 1947, Cafca is a subsidiary of the South African cable manufacturer, CBi Electric African Cables (South Africa). Cafca is listed on the Zimbabwe Stock Exchange.
By TAFADZWA MHLANGA Feb. 13, 2024
Zim plots asset-backed plan to bolster Zimdollar
This comes on the back of a sharp depreciation of the Zimdollar with President Emmerson Mnangagwa recently hinting of a structured currency reform programme.
By MELODY CHIKONO
 Feb. 13, 2024
Premier updates mineral resource estimate at Zulu
In addition, there are over a thousand tonnes of tantalum (pentoxide) at Zulu, the resource outfit said in a shareholder update last week.
By Mthandazo Nyoni Feb. 12, 2024
ZSE seeks new listings for the bourse
Last week, clothing chain retailer Edgars Stores Limited announced plans to delist and join the VFEX.
By TAFADZWA MHLANGA Feb. 12, 2024
WestProp takes marketing road trip to the US
WestProp CEO Ken Sharpe will headline the marketing drive as the company prepares to extend the road trips to other diaspora markets.
By Business Reporter Feb. 12, 2024