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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.

Tanganda finalises US$8m capital raise, VFEX listing

When Tanganda listed on the ZSE on February 3, 2022, it had a market capitalisation equivalent to US$134,29 million.
By Tatira Zwinoira 4m ago
Insurers  bank on tech for growth
Insurers bank on tech for growth
In an interview with NewsDay Business, Choeni said emerging technologies like InsurTech were enhancing customer experiences in the industry.
By Ashton Ndakusiya 4m ago
African Sun promotes local tourism destinations for 2025
According to African Sun, Hwange Safari Lodge has undergone recent refurbishments and offers a unique blend of nature and comfort. 
By Online Reporter 13h ago
Afreximbank receives AAA/Stable rating from top Chinese rating agency
Denys Denya, Afreximbank’s senior executive vice-president, said the rating represented the strongest endorsement the bank had received from any credit rating agency.
By Business Reporter 19h ago
ZDAMWU sets up regional structures
As Zimbabwe’s mining industry undergoes significant transformation fuelled by foreign investment and local expansion, the union is intensifying its efforts to adapt to these dynamic changes.
By LEE MUSAIDZI Jan. 21, 2025
Informalisation to push firms into corporate rescue: Imara
The call by Imara comes as the informal sector is now estimated at 70% of the economy, a hurdle for authorities in collecting taxes.
By Ashton Ndakusiya Jan. 21, 2025
TIMB sets new deadlines for licence application, renewals
Contractors must now renew or apply for buying licences by March 31, while the deadline for ‘A’ Class buying licences has been shifted to October 31 from January 31.
By Business Reporter Jan. 21, 2025
AMH conference helps IPP to secure project funding
Despite the advanced stage of negotiations, the Concession founder noted that one of the biggest challenges facing the firm is the power purchase agreement bankability.
By Blessed Ndlovu Jan. 21, 2025
Buy Zimbabwe sounds alarm over battered retail sector
Buy Zimbabwe chairperson Munyaradzi Hwengwere said the challenges facing the retail sector must be tackled head-on.
By TAFADZWA MHLANGA Jan. 20, 2025
Dairy farmers project growth in milk production
In an interview with NewsDay Business, ZADF national chairperson Edward Warambwa highlighted the resilience of the sector and its commitment to grow further.
By Ashton Ndakusiya Jan. 20, 2025
Smart Business Ideas to Consider in 2025
Your consulting business should be an entity different from yourself.
By Newsday Jan. 17, 2025
Morgan & Co predicts turbulent Zim economy for 2025
The firm said this would negatively influence Zimbabwe’s balance of payments, inflation rates and exchange rates.
By TAFADZWA MHLANGA Jan. 17, 2025
Pambili finds economically viable gold at Gold Valley Mine
The miner said historic production from the project totalled 2 500 ounces of gold at an average grade of 9g/t.
By Tatira Zwinoira Jan. 17, 2025
EcoCash’s Steward Bank suffers 43% value loss in ZiG balances
Part of the new opportunities identified by EcoCash includes the Omni Channel platform, a unified, secure digital platform, enhancing customer experience and security.
By Ashton Ndakusiya Jan. 17, 2025
Econet capex at 18% of revenues in Q3
This comes as the group successfully modernised its network to enable advanced digital use cases such as high-quality voice calls over 4G/LTE network.
By Melody Chikono Jan. 16, 2025
ZSE terminates listing of the Old Mutual Top Ten Exchange Traded Fund
An annual general meeting held late last year approved the voluntary termination of the fund and distribution of all its assets to the current Unitholders of the OM ZSE TT ETF.
By Melody Chikono Jan. 16, 2025
Caledonia in US$42 million capex drive for 2025
The company met its 2024 production target with 76 656 oz of gold, surpassing the previous year’s output.
By Ashton Ndakusiya Jan. 15, 2025
Triangle retrenches as economy bites
In a statement, Triangle said the phased approach, which allowed it to manage the transition with the utmost sensitivity and care, will be completed by the end of August this year.
By Melody Chikono Jan. 15, 2025
Mukuru launches mobile wallet in Zim to bolster financial inclusion
He said Mukuru is using the wallet to tap into its strength which lies in its robust network and technology.
By Melody Chikono Jan. 14, 2025
Economy heads for a bloodbath: Biti
The Zig was introduced in April last year in Zimbabwe’s sixth attempt to establish a stable currency in over a decade.
By Ashton Ndakusiya Jan. 14, 2025
NBS completes Glaudina housing project ahead of schedule
The project had been slated for completion in February. NBS managing director Sifiso Mahlangu told NewsDay Business:
By Blessed Ndlovu and Ashton Ndakusiya Jan. 14, 2025
InnBucks forges ahead with customer-centric initiatives
She acknowledged the operational challenges impacting the company’s performance, such as inflation, changing consumer spending habits and the drought influenced by El Niño. 
By Blessed Ndlovu Jan. 13, 2025
Skills gap hampers risks management in insurance industry
Compounding these issues is the economic climate, with high inflation and currency instability raising operational costs and making insurance unaffordable for consumers.
By Ashton Ndakusiya Jan. 13, 2025
Monetary stability key to economic growth: FBC Securities
The firm said post-election disturbances in Mozambique have also created fresh supply-chain difficulties likely to impact the year.
By MELODY CHIKONO
 Jan. 10, 2025
Funeral assurance dominate life sector
The revenues sat at ZiG1,72 billion (US$123,77 million) for the nine months ending September 2024, compared to the same period in the prior year.
By Ashton Ndakusiya Jan. 10, 2025
Green Hybrid Power to sink US$250m in floating solar project
The majority of current power generation in Zimbabwe is dependent on coal-fired power stations and Dengu said “this project will help achieve our national decarbonation targets
By Melody Chikono Jan. 9, 2025
Young Miners Revolving Fund on cards
He emphasised that in addition to financial assistance, YMF provides training in technology, environmental safety, management and professional business practices.
By Blessed Ndlovu Jan. 9, 2025
South African rand little changed ahead of manufacturing PMI
At 0651 GMT, the rand traded at 18.70 against the U.S. dollar, near its Tuesday closing level of 18.6975.
By Reuters Jan. 8, 2025