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THE Zimbabwe Mail has shut down, barely a year after it began publishing. The paper failed to find its footing in the competitive media industry and had always been on a shoe-string budget since inception.

Financial woes forced the daily to change frequency to a weekly last month.

The Zimbabwe Mail published its last issue yesterday and notified its readers of the closure.

The notice, inserted by board chairperson Munyaradzi Nzarayapenga, was published on the front page in bold typeface.

“The board and management of the Zimbabwe Mail wishes to aise its valued clients and stakeholders that we shall be suspending operations effective March 18 2015 until further notice,”

“We wish to thank our stakeholders for the support you gave us during our time of operation,” read the statement.

The paper’s closure comes on the heels of the announcement by Alpha Media Holdings, publishers of NewsDay, the Zimbabwe Independent and The Standard that they will stop printing Southern Eye next month due to viability challenges.

AMH editor-in-chief Vincent Kahiya on Thursday told staff at the newspaper in Bulawayo that as part of the organisation’s cost-cutting measures, the paper would cease publication on April 1.

He said lack of aertising and poor sales had contributed to the decision.

Some of Southern Eye’s journalists will be reassigned to NewsDay and The Independent in Harare.

The editor Kholwani Nyathi, according to sources, will remain in Bulawayo leading a small team that will continue publishing the newspaper online.

Staff at Zim Mail yesterday said they were baffled by the fact that no one bothered to officially address them before the closure.

They said the paper owed them over $10 000 each.

Source : The Herald