Organisation Associated Newspapers of Zimbabwe
Alternate Name  
Abbreviation ANZ
Parent  
u.r.l.  
email  
Country Zimbabwe
Location Harare
Address  
Postal Address  
Telephone  
Management u.r.l.  
Fax  
Sector Press - General
Organisation Type African Private Sector
Status Established 1998
Stated Role  
Activities  
Geographical Focus  
Notes ANZ are the publishers of the closed Daily News and Daily News On Sunday. ANZ has been involved in a protracted legal battle
for an operating license since its closure by the MIC in September 2003.
ANZ was registered in 1998, when the founding editors Geoffrey Nyarota and Wilf Mbanga teamed up with Africa Media
Investments (AMI) to launch a daily paper – The Daily News - and four provincial newspapers – The Tribune (Masvingo), The
Dispatch (Bulawayo) The Express (Chitungwiza) and The Eastern Star (Mutare). The four provincial papers closed soon after
their launch owing to financial problems.
Communications entrepreneur Strive Masiyiwa, the owner of Econet, one of Zimbabwe’s cell phone providers, bought into ANZ in
2002 through his company Meditation Investments. Masiyiwa also has a stake in the ZIMind Publishers, the owners of the weekly
Independent and Standard newspapers (see below). London-based media entrepreneur Derek Smail is behind AMI.
SHAREHOLDERS
Meditation Investments (Pvt) Ltd – 50%
Africa Media Investments – 32%
Diamond Insurance Company of Zimbabwe – 1%
The rest of the shareholding of 17% is spread among Southern Life Association, Intermarket Life Assurance, NDM Investments
(Pvt) Ltd, Batanai Capital Finance (Pvt) Ltd, Dr Ali Mohamed and Judith Todd. [ http://www.kubatana.net/docs/media/misaz_media_ownership_zim_051130.pdf - Retrieved on 10 Oct 2007 ]
Current Positions
Position Name From To
Chief Executive Office Samuel Nkomo 2003  
Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Parent Tree  
Subsidiary Organisations The Daily News - Operation Suspended 12 September 2003
Daily News on Sunday - Operation Suspended 12 September 2003
Sibling Organisations  
Associated Organisations  
Donor Recipients  
Past Positions
Position Name From To
Record last updated on 17 OCT 2007