The paper to be called NewsDay will be published everyday except Sunday. The company’s other titles namely the Zimbabwe Independent and the Standard will continue to be published as at present on a Friday and Sunday.
Ncube is also the proprietor of M&G Media Ltd which publishes the Mail and Guardian newspaper in Southern Africa.
Ncube said “as a local investor we are encouraged by the opportunities that the Global Political Agreement offers. While there have been teething problems we believe that the new inclusive Zimbabwean government realizes the importance of creating an economic environment that encourages local and international investors.”
Ncube said his company had been waiting for a conducive environment for this project and was encouraged by the fact that the legislative framework had been improved by the three political parties late last year ahead of the Global Political Agreement political agreement.
Ncube said that the company had been encouraged by the discussions that it had had with the inclusive government and the regulatory authorities.
“We have briefed both the inclusive government and the regulatory authorities and we are confident that we will be licenced as soon as possible. We don’t foresee any obstacles at all,” Ncube said.
Ncube said the herculean task facing the new inclusive government will be made easy by a vibrant and independent media that empowers both the people and those in authority.
“We all need accurate information to make vital decisions and right now both the people and those in authority are poorly served.”
“NewsDay, as an independent and fresh daily, will play a vital role in rebuilding our nation. We will leverage off the political agreement to be the voice of a new Zimbabwe. We will be a forum for the ideas we need to create a fresh economy and to provide a platform for debate as we grapple with the needs of our education, health and social systems. Non-partisan and independent, we hope to draw on our internal talents while providing a voice for the diaspora too.”
“Strong and competitive nations are those that create a market place for ideas where ultimately the best ideas win. Right now such a market place does not exist and Zimbabwe is poorer for it”, Ncube said.
The NewsDay project plus other related operations are expected to create over 300 jobs in the publishing sector with an investment totaling US$4 million. In this regard Ncube said he was also encouraged by the attitude in the corridors of power that saw this as not just about press freedom but also an important investment.