Chinamasa rapped over inconsistencies

The Parliamentary Portfolio Committee on Finance and Economic Development has criticized Finance minister Patrick Chinamasa for providing inconsistent mining trajectories in his 2015 Mid-Term Budget policy statement.

In their report presented to the National Assembly on Tuesday by its chairperson David Chapfika, the committee felt that the minister's projections on chrome, diamond and coal mining were overstated as their output seemed to be irregular.

"The minister projects a 3,5% growth in the sector against the initial projection of 3,1%, but the committee has reservations concerning the 500 000 tonnes projection of chrome output given that only 96 000 tonnes was produced during the first half of 2015," the committee report reads.