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.

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Currency crisis hits FCB capital

In a statement accompanying financial results for the half year ended June 30, 2022, FCB chairman Patrick Devenish said this figure was US$74,8 million as at December 31, 2021.

By The Southern Eye Aug. 28, 2022
CZI ink US$300m industrial facilities
By The Southern Eye Aug. 28, 2022
Masunda lands global sugar industry position
By The Southern Eye Aug. 21, 2022
Boustead Beef seeks to end CSC corporate rescue
Boustead Beef seeks to end CSC corporate rescue

CSC entered administration in 2020 after the government claimed that the Livestock Joint Farming Concession Agreement (LJFCA) it entered into with Boustead in 2019 was difficult to implement.

By The Southern Eye Aug. 21, 2022
Govt quizzes industrialists over prices

Zimbabwe National Chamber of Commerce (ZNCC) president Mike Kamungeremu confirmed that business leaders met with the government.

By The Southern Eye Aug. 21, 2022
Dual economy Zim’s Achilles heel

Last month the Reserve Bank of Zimbabwe (RBZ) chose to introduce gold coins to help it mop up excess liquidity and tackle the inflationary surge.

By The Southern Eye Aug. 21, 2022
Monetary policy highlights

The policy rate was increased from 60% in January 2022 to 80% at the end of April 2022, and further to 200% on June 24, 2022.

By The Southern Eye Aug. 14, 2022
15 companies hit with ‘hefty’ RBZ fines

In a shock move that sent markets tumbling in May, President Emmerson Mnangagwa announced several actions to help his government cool off economic turmoil, as the domestic unit suffered extensive write-downs against the United States dollar.

By The Southern Eye Aug. 14, 2022
Lower denomination gold coins divide opinion

In the 2022 mid- term monetary policy statement unveiled Thursday, RBZ governor John Mangudya said smaller denomination gold coins would be introduced in November as part of a strategy to mop up excess liquidity and tame an inflation rage.

By The Southern Eye Aug. 14, 2022
Re-imagining the Workplace: The psychology of visions and missions

He had a commitment to his trade of earning a living by analysing novels, drama scripts and poetry and did not leave anything to chance. I am of the opinion that business, just like my teacher, Mr. Muzunze’s approach to teaching literature should leave no stone unturned.

By The Southern Eye Aug. 14, 2022
Brand succession planning

People leave. People die. People forget”. Yet we agreed that successful brands are immortal. That’s the reason we need to keep riding on brands. Since they can talk even more louder/clearer to the coming generations just like what they are doing in our current markets (sustainable business through brand management)

By The Southern Eye Aug. 14, 2022
NSSA graft probe widens

There have been several reports of impropriety at NSSA, which runs a fund worth over US$1 billion for Zimbabwe’s workers.

By The Southern Eye Aug. 14, 2022
Manoeuvring the limited formal job space in Zimbabwe

I am yet to fully grasp the actual statistics as to the unemployment numbers within the reality of the Zimbabwe formal job space.

By The Southern Eye Aug. 14, 2022
Econet bemoans power outages

Power outages have crippled the operations of companies with the Zimbabwe National Chamber of Commerce estimating that  it has resulted in the cost of doing business  going up by 150%.

By The Southern Eye Aug. 7, 2022
‘Inflation could shoot to 700% by April next year’

According to Morgan & Co, the country remains an import dependent market  and as a result is affected by the geo-political situation that has caused global energy and food prices to  rise sharply.

By The Southern Eye Aug. 7, 2022
Unresolved land tenure dispute stifles Tongaat Hulett project

Hippo Valley Estates, in partnership with sister company Triangle Limited, government and banks are undertaking the project that is set to transform the sugar industry.

By The Southern Eye Aug. 7, 2022
Experts downbeat as Ncube cuts GDP forecasts

Finance and Economic Development minister Mthuli Ncube had projected in November that growth would come through at 5,5% this year, riding on rebounding international commodity prices, as pandemic jitters fizzle out.

By The Southern Eye Jul. 31, 2022
Gold coins to improve regulatory compliance: Zimnat

On Monday, the Reserve Bank of Zimbabwe (RBZ) released 2 000 gold coins, which kicked off trading at US$1 823.

By The Southern Eye Jul. 31, 2022
Regulators turn down DZL probe request

The country’s largest dairy processor slipped into the eye of a storm two weeks ago after a minority shareholder raised issues over the appointment of finance director, Mercy Ndoro, a DZL veteran, to succeed outgoing CEO, Anthony Mandiwanza who leaves the firm at the end of September.

By The Southern Eye Jul. 31, 2022
What is Arbitrage in Forex Trading?

Arbitrage in the area of forex trading is the strategy of leveraging the price disparity in various forex markets. It is a relatively risk-free trading strategy. In forex arbitrage, traders buy and sell different currency prices that are divergent but that have a strong possibility of converging rapidly. This type of arbitrage seeks to exploit […]

By The Southern Eye Jul. 27, 2022
Zimra is now owed over $33 billion as defaults rise

“Other challenges faced by businesses during the year under review include electricity supply bottlenecks, procurement delays due to Covid-19 induced supply risks, increased costs of raw materials (imported inflation), rising production costs and demand for wage increases,” Zimra chairperson Anthony Mandiwanza said.

By The Southern Eye Jul. 24, 2022
Border Timbers targets European markets

BTL is making its first steps to re-establish itself after stepping out of administration in March when the High Court lifted its seven year long judicial management.

By The Southern Eye Jul. 24, 2022
Fresh warning over gold coins

Zimbabwe’s annual inflation rate is being driven by the local currency continually losing value, falling from $108,66 to a current $413,43 against the US dollar.

By The Southern Eye Jul. 24, 2022
Zesa, Zesco fined over Kariba water

According to ZRA’s 2021 annual report, as of December 31, 2021, the power utilities had cumulatively utilised 49,76 billion cubic metres (BCM) of water, which translated to 11% above the 2021.

By The Southern Eye Jul. 17, 2022
Zimbabwe’s smuggled gold destined for China

Zimbabwe Miners Federation president Henrietta Rushwaya was arrested at the Robert Gabriel Mugabe International Airport in October 2020 for allegedly trying to smuggle six kilogrammes of gold.

By The Southern Eye Jul. 17, 2022
Govt committed to support local manufacturing industry

This was assured by the government at the Buy Zimbabwe 2022 Public Procurement conference which was running under the theme, ‘Unlocking Zimbabwe’s Economic Potential through Public Procurement”.

By The Southern Eye Jul. 17, 2022
Fresh warning over bank rate hikes

In the past week, consumers were paying up to $750 to buy US$1, a figure that has surged many folds from January last year, when US$1 cost about $120.

By The Southern Eye Jul. 16, 2022
Progress of Bitcoin in Last Decade Bitcoin

holds the record of having the largest number of billionaires in Bitcoin history. Bitcoin continues its surge above $ 7,000 catching up with an all-time high market cap to $140bn. Bitcoin remains in focus because Bitcoin billionaires hold extreme wealth in Bitcoin. Bitcoin Billionaire Winklevoss Twins Became World’s First Bitcoin Billionaires Bitcoin is also known […]

By The Southern Eye Jul. 15, 2022
AMH investor forum to explore Zim opportunities

The Zimbabwe Investment Forum will be held under the theme, “Sustainable Long Term Investment Options” and is a brainchild of the Zimbabwe Independent.

By The Southern Eye Jul. 10, 2022
SA insurer targets Zim after US$2.4 million payouts

The firm paid out US$2,4 million compensation to Zimbabwean policyholders in 2019 as part of a broader package also channelled to other southern African economies after the Cyclone Idai storms.

By Hstvzim Jul. 10, 2022