The Chronicle

Oliver Kazunga, Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has extended to December 31, 2022 the deadline for non-compliant banks to meet the regulatory prescribed minimum capitalisation levels. In light of the adverse impact of the Covid-19 pandemic, the Apex Bank said the extension of deadline for compliance was necessary after some local […] …
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Ricky Zililo, Senior Sports Reporter DOMESTIC topflight football action resumes this weekend after a two-month break with three rescheduled Match-Day 3 Castle Lager Premier Soccer League games kicking off 2022 proceedings. The PSL was forced to cancel the Chicken Inn vs Tenax CS FC, the mouthwatering Bulawayo Chiefs vs FC Platinum and Black Rhinos vs […] …
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IN today’s issue we have two unrelated but telling stories, in relation to the country’s economy. In the first story, we report that the country last year registered record foreign currency receipts amounting to US$9,7 billion. Of this figure, US$6,2 billion was contributed by the export sector. Export proceeds in 2020 were US$3,7 billion improving […] …
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Prosper Ndlovu, Business Editor Returning to dollarisation is “not a panacea” to the challenges facing the economy, but Zimbabweans need to embrace broader use of the local currency and foster market discipline in order to consolidate the on-going economic growth momentum. Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya said this yesterday as he […] …
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Nqobile Tshili, Chronicle Reporter GOVERNMENT will soon announce new civil servants’ salaries with Treasury making final adjustments in line with budgetary allocations as the State is sensitive to the plight of it’s employees, hence its commitment to providing decent wages. According to the Ministry of Primary and Secondary Education, at least 60 percent of teachers […] …
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TEACHERS are urged to heed calls to report for duty while the Government addresses their salary grievances so that learners are afforded time to catch up on their studies. The call on the teachers to report for duty has been supported by parents who said learners had already lost a lot of time due to […] …
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Rutendo Nyeve, Business Reporter GOAT farmers from the southern region are set to scale up their efforts as they seek to migrate from subsistence to commercial farming with the broader objective to penetrate the global market. The first step towards this vision has seen socio-economic empowerment organisation Affirmative Action Group (AAG), in partnership with NKN […] …
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Tendai Rupapa in Bulawayo HUNDREDS of women in Bulawayo are set to attend courses in various disciplines with Zimbabwe Open University (ZOU), in partnership with First Lady Auxillia Mnangagwa’s Angel of Hope Foundation, aimed at empowering communities through open learning. The women include widows, those with disabilities, teenage mothers, single mothers, former sex workers and […] …
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Nqobile Tshili, Chronicle Reporter GOVERNMENT has said teachers must report for duty today as schools open for the first term while it addresses their salary grievances. Parents and guardians yesterday made a plea to the educators to resume their teaching duties as learners have already lost a lot of time. Government has started recruiting 10 […] …
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Patrick Chitumba, Midlands Bureau Chief COTTON farmers in Gokwe North and Gokwe South districts are optimistic of a bumper harvest, with the crop having reached budding stage, thanks to the timely disbursement of inputs and good rains received this summer cropping season. Budding stage is when the cotton plant blooms. About 52 percent of cotton […] …
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