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BUSINESS NEWS

Doctors, government reach agreement to end strike

The government and striking public hospital doctors signed an agreement yesterday, which is expected to end a crippling 30-day job boycott over poor working conditions.Mxolisi Ngwenya, the spokesperso...

By Staff reporter | Published: 01 April 2018

POLITICS

Mnangagwa told he can't bury past

President Emmerson Mnangagwa has come under fire for calling on Zimbabweans to "bury" the past with critics saying the country cannot move forward without first addressing injustices such as Gukurahun...

By Staff reporter | Published: 01 April 2018

OPINION

Mnangagwa can't touch Grace Mugabe

Grace Mugabe visited Gwina Farm - one of her numerous farms - in Banket in late February and said something telling. She boldly told her farm workers who were demanding their terminal benefits that sh...

By Tawanda Majoni | Published: 01 April 2018

BUSINESS NEWS

NSSA directors face axe

At least four National Social Security Authority (NSSA) directors, including CEO Elizabeth Chitiga, will be relieved of their duties after the Easter holidays, it has emergedThe impending sacking of t...

By Staff reporter | Published: 01 April 2018

OPINION

'Mnangagwa will win 2018 polls'

President Emmerson Mnangagwa's dramatic rise to power last year was mainly driven by former freedom fighters, who were working closely with the military.As Mnangagwa prepares for the biggest test to h...

By Staff reporter | Published: 01 April 2018

POLITICS

Grace Mugabe raided

Former first lady Grace Mugabe's Mazowe Orphanage was allegedly raided by thieves who stole 31 laptops and floor tiles, a few days after her farm was invaded by gold panners.An emotional Grace blamed ...

By staff reporter | Published: 01 April 2018

POLITICS

Mnangagwa, Mugabe tiff in new twist

A prominent Catholic priest has met former president Robert Mugabe amid efforts to ease the tension between Zimbabwe's former ruler and President Emmerson Mnangagwa, The Standard has learnt.Mugabe, wh...

By Staff reporter | Published: 01 April 2018

MINING & RETAIL

Sabi Gold Mine targets increased production

The government owned Sabi Gold Mine is projecting a 58 percent rise in production this year following the injection of fresh capital by a new investor.The injection of fresh capital in the mine by a n...

By Staff rpeorter | Published: 01 April 2018

BUSINESS NEWS

Mnangagwa goes after cash hoarders

PRESIDENT Emmerson Mnangagwa's government has put a $10 000 cap on cash holdings by individuals, as the new administration seeks to bolster deposits and clamp down on a thriving currency black market,...

By Staff reporter | Published: 31 March 2018

INDUSTRIALS & ENERGY

MedTech warns of medicines shortage

PHARMACEUTICALS manufacturing firm, MedTech Holdings, has warned of a looming drugs shortage after it failed to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) to import critical medic...

By Staff reporter | Published: 31 March 2018

FINANCIAL SERVICES

NMBZ plans to maintain LSE listing

NMBZ Holdings says it will maintain its listing on the London Stock Exchange (LSE) because it is one of its biggest platforms for raising cash.NMBZ is listed on the Zimbabwe Stock Exchange and the LSE...

By Staff reporter | Published: 31 March 2018

BUSINESS NEWS

Foreign, direct investors eye Kariba

Foreign and domestic investors are angling towards creating a competitive package for the resort town of Kariba in anticipation of improved arrivals from international markets, with revelations that p...

By Staff reporter | Published: 31 March 2018

POLITICS

Mpofu sabotaged Zambezi water project

Matebeleland Zambezi Water Trust chairperson, Dumiso Dabengwa has accused former Mines Minister, Obert Mpofu, of sabotaging the water project, NewZimbabwe.com reported.He said Mpofu refused to grant t...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

China to announce new package for Zimbabwe

China is expected to announce a new package of assistance to Zimbabwe in a few days time and Afreximbank is expected to announce measures to help ease the liquidity crisis in Zimbabwe.Addressing a med...

By Staff reporter | Published: 30 March 2018

POLITICS

Grace Mugabe's property invades

ONCE a colossal figure, First Lady Grace Mugabe yesterday saw how powerless she has become, as illegal gold panners have invaded her farm in Mazowe destroying citrus fruit, irrigation equipment and di...

By Staff reporter | Published: 30 March 2018

POLITICS

'Mnangagwa should walk the talk'

THE Zimbabwe Lawyers for Human Rights and Zimbabwe Election Support Network (Zesn) have called on President Emmerson Mnangagwa to urgently domesticate all regional electoral laws which the country is ...

By Staff reporter | Published: 30 March 2018

POLITICS

'Lifestyle audits should start with Mnangagwa'

NORTON legislator Temba Mliswa has said lifestyle audits by the Zimbabwe Revenue Authority (Zimra) should start with high ranking officials, including President Emmerson Mnangagwa.Speaking at a breakf...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Zim ranked 23 on budget transparency

ZIMBABWE has been ranked 23 out of 100 countries in terms of budget transparency, according to the 2017 Open Budget Survey.A recent report by the Parliament Budget Office (PBO) said Zimbabwe's budget ...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Anti-corruption courts officially open

The Judicial Service Commission (JSC) has officially opened Anti-Corruption Courts in Harare and Bulawayo, with the prosecution, making an undertaking that any property acquired by the suspect through...

By Staff reporter | Published: 30 March 2018

POLITICS

Tsvangirai estate row over escalates

A ROW over the late MDC-T leader Morgan Tsvangirai (pictured)'s estate continued this week, resulting in the Master of the High Court reportedly appointing two executors.One of the executors will repr...

By Staff reporter | Published: 30 March 2018

POLITICS

Mnangagwa threatens corrupt elements

PRESIDENT Emmerson Mnangagwa has threatened to deal with corrupt elements in public entities, including Zesa Holdings.Mnangagwa made the remarks while commissioning two new power generation units at K...

By Staff reporter | Published: 30 March 2018

FINANCIAL SERVICES

Stanbic Bank posts impressive profits

STANBIC Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017 headlined by a profit after tax of $27.6 million,...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Zimpapers CEO scoops Megafest business award

ZIMPAPERS CEO, Pikirayi Deketeke, won the Megafest Business Awards professional of the year award on Wednesday while Chronicle senior features reporter, Yoliswa Dube,  scooped the print media per...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Beitbridge chaos as SA immigration officers embark on go slow

Chaos is reigning supreme at the Beitbridge Border Post on the South African side where travellers are spending hours in winding queues for clearance.The situation has been building up over the past t...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Merlin seeks $5m working capital

BULAWAYO-BASED textile firm, Merlin has applied to Government for $5 million financial assistance as working capital in the short to medium term.Presenting the company's progress report to creditors i...

By Staff reporter | Published: 30 March 2018

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