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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.

Afreximbank backs startups to scale Africa’s digital trade

Selected from a competitive pool of more than 1 600 applications, the eight startups represent some of the most promising ventures building digital trade solutions on the continent.  
By Business Reporter Mar 27, 2026
RTG advances phase 2 capex, as market cap adds US$75,98m in FY25
RTG advances phase 2 capex, as market cap adds US$75,98m in FY25
RTG’s market capitalisation on the Zimbabwe Stock Exchange rose to US$134,34 million by the end of last year, from US$58,36 million in the prior year, reflecting a sharp re-rating by investors.
By Tatira Zwinoira Mar 27, 2026
RTG to build 2MW solar plant at Rainbow Towers, HICC
The project forms part of RTG’s long-term strategy to embed renewable energy and environmental responsibility across its operations. 
By Business Reporter Mar 26, 2026
Rising fuel costs hammer tourism industry
Chinwada said fuel is a significant cost driver, adding that the tourism value chain will not be spared by the recent price hikes of fuel.
By RUTH MASEKO Mar 26, 2026
RBZ warns of inflation uptick as fuel price hike bites
RBZ governor John Mushayavanhu said the bank’s Monetary Policy Committee is concerned about the significant pass-through effects of the recent oil price shock on domestic prices
By Business Reporter Mar 26, 2026
Equities drive FUM growth to ZiG98bn
Total funds under management (FUM) grew 8,34% to ZiG98,16 billion at the end of 2025, driven mainly by increased exposure to equities, the capital markets regulator has said. 
By Blessed Ndlovu Mar 25, 2026
Caledonia raises FY26 capex 10% to $178,9m
The miner raised approximately US$130 million from a US$150 million convertible senior notes offering, reflecting rising investor confidence amid record gold prices. 
By Tatira Zwinoira Mar 24, 2026
Over 90% of PPC Zimbabwe sales in US$
The dominance of US dollar transactions positions PPC Zimbabwe as a rare debt-free, cash-generating player in Zimbabwe’s volatile multi-currency economy. 
By Tatira Zwinoira Mar 24, 2026
O’mari’s clientele jumps 54% to 2 million in FY25
The growth marks a significant rise from 1,3 million users in the prior year, representing a cumulative 113% increase since the platform’s launch in May 2023.
By Tatira Zwinoira Mar 23, 2026
Innscor pushes for tax reforms as sugar levy bites
During the period under review, Innscor remitted US$3,19 million in sugar tax, bringing its cumulative contribution to US$13,29 million since the levy’s introduction.
By Tatira Zwinoira Mar 23, 2026
CCCC cracks down on profiteering amid Middle East crisis
Iran has also blocked the Strait of Hormuz, a critical passage through which about a fifth of the world’s oil supply flows.
By Business Reporter Mar 21, 2026
Mashold repositions portfolio amid CBD exodus
This trend has increased demand for residential properties, as developers seek to attract businesses relocating from the CBD and homeowners looking for rental options. 
By RUTH MASEKO Mar 20, 2026
‘Chinese firms take over Zim’s cement industry’
Sinoma is a premier international engineering subsidiary of Sinoma International Engineering Co Ltd, established in 1988 and headquartered in Beijing.  
By Tatira Zwinoira Mar 20, 2026
Working capital constraints choke fertiliser firms
He also noted that firms could tap into the target finance facility introduced by the Reserve Bank of Zimbabwe to help local companies. 
By CONCILIA MUPEZENI Mar 19, 2026
Cassava to deploy AI factory to South Africa
Cassava is spearheading AI factory development as the digital services and infrastructure arm of Econet Global Limited, founded by Zimbabwean billionaire Strive Masiyiwa.  
By Business Reporter Mar 19, 2026
TSL focuses on efficiency after strong Q1 performance
Herbicide volumes rose 361% due to heightened weed-management needs, while insecticide volumes were up 9% on increased demand for fall armyworm control. 
By Business Reporter Mar 19, 2026
Zimbabwe cuts agricultural fees, taxes to boost farm production and investment
Government has introduced cost-cutting measures in the agricultural sector aimed at reducing the burden of licences, permits and levies on farmers and agribusiness operators. 
By BRENT SHAMU Mar 18, 2026
Old Mutual Zim AUM climbs 9,2% to US$1,34bn
“Old Mutual Investment Group Zimbabwe (Private) Limited AUM: R22,5 billion (2024: R20,6 billion). We remain the largest investment management company in Zimbabwe,” the group said. 
By Tatira Zwinoira Mar 18, 2026
Nearly half of Zim’s industrial capacity lies idle
Local firms such as Truworths Limited, Beta Holdings and Khayah Cement Limited have also entered corporate rescue, while others have exited the market altogether. 
By RUTH MASEKO Mar 18, 2026
Tanganda bullish as US$8m capital raise closes
The capital raise is critical for Tanganda, which in January reported a US$6,36 million cash shortfall and US$7,1 million in bank borrowings. 
By Tatira Zwinoira Mar 17, 2026
Zim national Ndlovu appointed to lead Afreximbank insurance arm 
Ndlovu brings to AfrexInsure a distinguishd career spanning some of the world’s leading insurance institutions, including AXA Specialty, African Risk Capacity (ARC) and AXIS Capital. 
By Business Reporter Mar 16, 2026
BancABC targets women with financial literacy drive
Recent data from the Zimbabwe National Statistics Agency indicate that women continue to bear a significant portion of both paid and unpaid economic activities in Zimbabwe.
By CONCILIA MUPEZENI Mar 16, 2026
WestProp chases Africa’s rich amid Gulf crisis
Announcing the Easter promotion, acting chief sales and marketing officer Collin Zvenhamo said the mortgage offer was limited to just five families.
By Business Reporter Mar 16, 2026
Axia cash surge signals stronger earnings: IH Securities
“Management is prioritising vertical integration and infrastructure expansion to insulate the business from market volatility and competitive pressures.”
By Tatira Zwinoira Mar 16, 2026
Zim Treasury to pay local suppliers in ZiG under new price guidelines
He said the measure was designed to guarantee value for money in public spending while improving transparency and efficiency in procurement.
By Tatira Zwinoira Mar 14, 2026
Mnangagwa dangles incentives to investors pushing AI 
“My administration stands ready to offer incentives to businesses that integrate artificial intelligence to augment efficiencies and productivity,” he said. 
By Blessed Ndlovu Mar 13, 2026
Econet to pay US$24,3mn following exit offer close ahead of ZSE delisting
Econet said the exit offer consideration comprised US$0,17 in cash and one Econet InfraCo share for every one Econet share tendered.
By Tatira Zwinoira Mar 13, 2026
GreenCo solar deal scoops top African award
GreenCo managing director for Zambia, Wezi Gondwe, said the award reflects strong collaboration among project partners.
By Business Reporter Mar 13, 2026