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MIC wants more ANZ details
The Zimbabwe Independent
May 06, 2005

http://www.theindependent.co.zw/news/2005/May/Friday6/2285.html

THE Media and Information commission (MIC) yesterday ordered Associated Newspapers of Zimbabwe (ANZ) to furnish additional information regarding its financial profile before their application is considered.

The MIC ordered ANZ, publishers of the banned Daily News and the Daily News on Sunday to submit details of its current shareholders and financial statements before it can consider the publisher’s application.

The Daily News, Zimbabwe’s top-selling independent papers and its sister, the Daily News on Sunday, were shut down by government in September 2003 for failing to register with the MIC as required under the Access to Information and Protection of Privacy Act.

Yesterday’s fresh demands by the MIC come after the commission postponed an earlier meeting with the paper’s management that had been scheduled for last Friday.

ANZ chief executive officer Sam Siphepha Nkomo last night confirmed the new demands by the media regulator.

"We have been asked to furnish them with new information including our financial statements, current shareholders and bank statements before they take our application into consideration," Nkomo said.

He said the publishing house would begin working on these fresh requirements as soon as possible.

"We are going to work on putting the required information together as soon as possible as it is now up to us when to submit the new set requirements," said Nkomo.

The latest twist in the Daily News saga comes after new Minister of Information Tichaona Jokonya stated that no paper would be denied a licence if it meets the requirements of the MIC.

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