Privately-owned media house, Alpha Media Holdings (AMH) has increased the cover prices of two of its three publications with immediate effect.
The company publishes the popular daily, Newsday, and two weeklies namely, the Zimbabwe Independent and the Standard.
The prices of Newsday and the Zimbabwe Independent have been increased while that of the Standard remains the same.
Newsday now cost US$1 each or ZWL$3, up from ZWL$2. The Standard’s cover price remains at ZWL$3 or US$1, while the Zimbabwe Independent will be selling at US$1 or ZWL$5, up from ZWL$4 per copy.
Announcing the price adjustments, AMH finance director Brian Maphosa said:
Basically, we want to stay in business and at the current pricing, we were not going to be able to print the quality news that we are known for because it is a cost in terms of gathering the news.
This includes getting newsprint and printing the paper to put on the street to sell, of which all these costs have gone up, which are in United States dollars, which we do not earn.
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Alpha Media Holdings (AMH) is a media company in Zimbabwe which publishes newspapers and internet publications. It is one of the 3 large media companies in Zimbabwe, the others being Zimpapers and Associated Newspapers of Zimbabwe (ANZ). AMH was founded and is currently owned by... Read More About Alpha Media Holdings
The Zimbabwe Independent is an online and weekly business newspaper owned by Alpha Media Holdings, which is in turn owned. The paper is called ZimInd for short. Read More About Zimbabwe Independent
The Standard is an online and weekly newspaper in Zimbabwe. The publication is owned and published by Alpha Media Holdings. Read More About The Standard