Business

Frustrated Zimbabwe professionals retreat to diaspora

Several lecturers and teachers who had returned to Zimbabwe after many years working in the diaspora have been forced to return to foreign lands after battling to secure jobs locally despite a shortage of teachers, The Standard can reveal.   By PHILLIP CHIDAVAENZI Employers Confederation of Zimbabwe (Emcoz) executive director …

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Zimbabwe Central Bank to Raid Externalized Funds at Swiss Banks

Governor of the Reserve Bank of Zimbabwe (RBZ), Godwin Mangudya, says he is worried by this week’s revelations that an international banking giant, HSBC, made huge profits by engaging in shady deals of over $270 million with some Zimbabwean citizens seven years ago, in the process, disadvantaging the poor southern …

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