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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.

Masimba invests US$2m in construction equipment

In its financial results for the year ended December 31, 2025, the group did not provide specific capital expenditure guidance for the current year.
By CONCILIA MUPEZENI Jun. 12, 2026

Masimba seeks approval for a 10% share buyback

If approved, the authority will remain in force until the next AGM and will not extend beyond 15 months from the date of the resolution.
By Tatira Zwinoira Jun. 10, 2026

Exclusive office parks report strong uptake as Zimbabwe CBDs ‘decay’

Masimba Holdings chairman Gregory Sebborn said refurbishment works temporarily dented rental income in the period under review, but would support future growth.
By Mthandazo Nyoni Apr. 17, 2026

Masimba seeks payment plans as liquidity squeeze tightens

The move comes as Masimba’s order book stands at US$278 million, underpinned by new contracts across mining, construction, housing development and roads.
By Blessed Ndlovu Apr. 10, 2026

Masimba eyes sustained profitability into 2026

The firm said its order book also remained strong, with continued diversification, positioning the company for sustained growth.
By Melody Chikono Nov. 11, 2025

Harare–Masvingo–Beitbridge highway nears completion in major infrastructure push

Local contractors, including Fossil Contracting Company and Masimba Holdings, are racing against the onset of the rainy season to complete their sections.
By Freeman Makopa Oct. 8, 2025

Masimba bemoans liquidity crunch

Consequently, revenues for the year were US$56,1 million compared to 2023’s US$53,8 million, representing a 4% growth.
By LEE MUSAIDZI Apr. 2, 2025

Masimba’s order book rises 2,41% in H1 on public sector projects

The order book represents the total value of contracts that have been secured but are yet to be completed.
By Tatira Zwinoira Oct. 2, 2024

Drought, declining prices hit Masimba’s order book

Zimbabwe is experiencing the effects of El Niño-induced drought while declining international commodity prices, except for gold, is threatening forex earnings.
By Blessed Ndlovu Jun. 7, 2024