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Chinamasa hails introduction of tax management system

11 February 2016 | 1466 Views
The Minister of Finance and Economic Development, Minister Patrick Chinamasa has hailed the introduction of tax management system by the Zimbabwe Revenue Authority and said that he would like to see a...
by Stephen Jakes

Chinamasa sues Farmers for over $1.2 million

10 February 2016 | 1004 Views
Patrick Chinamasa Finance and Economic Development minister has approached the High Court seeking to compel Farmers World Holdings to repay the over $1,2 million loan advanced to the agro-equipmen...
by Staff reporter

Zimbabwe: China's newest eco-political harbor dispossessing western influence in Africa

04 February 2016 | 1348 Views
To China, Zimbabwe is China's newest colonial harbor while to the United States, Zimbabwe is the United States' newest threat to its US-Africa imperialistic agenda. Cecil John Rhodes succeeded in bloc...
by Maxwell Teedzai - Political Analyst

'Civil servants bonus payments to run until May,' says Chinamasa

04 February 2016 | 2293 Views
Civil servants will start receiving their 2015 bonuses this month, with members of the defence forces being the first, while the rest of Government workers will get their 13th cheques between February...
by Felex Share

'Corker out of sync with reality'

04 February 2016 | 462 Views
United States Senate Committee on Foreign Relations chairman, Mr Bob Corker, who is pushing for the blockage of any new lending to Zimbabwe by multilateral financial institutions is out of sync with t...
by Felex Share

'World Bank officials are smoking something,' says Chinamasa

03 February 2016 | 3420 Views
The World Bank says Zimbabwe's economy will not slip into recession but will maintain an economic growth rate of 1.5% in 2016 anchored largely by growth of the services sector, a projection howeve...
by Staff reporter

Zimbabwe's finance chief plans visit to Paris to woo investors

29 January 2016 | 1273 Views
Finance minister Patrick Chinamasa is planning to visit France with a view to woo French investment into the economy. Zimbabwe's treasury is facing fiscal pressure due to the declining rev...
by Staff reporter

Harare Residents Trust questions govt over China-Zim deals

24 January 2016 | 564 Views
Harare Residents Trust has questioned the authenticity of the Zimbabwe China deals which were signed in 2010 in which the money involved was expected to assist the government in its developmental proj...
by Stephen Jakes

Zimbabwe Defence ministry, Chinese at loggerheads

08 January 2016 | 3768 Views
A rift has developed between the Ministry of Defence ministry and a Chinese investor over a multi-million dollar shopping mall after the army unilaterally used the property as collateral to secure a U...
by Staff reporter

Chinamasa's $100 spot fines illegal

07 January 2016 | 2127 Views
Police have no right to fine motorists the proposed $100 spot fine for a handful of offences because the increase in the fines has yet to be gazetted, legal experts have said. The experts said motoris...
by Samantha Chigogo

Zimbabwe, China city sign investment deal

07 January 2016 | 992 Views
ZIMBABWE has signed a major trade pact with the World Bank-rated Golden City for Investment Environment in China which seeks to promote investment inflows, trade exchanges and develop economic co-oper...
by Conrad Mwanawashe

Local players vital to growth, says Chinamasa

06 January 2016 | 2285 Views
THE government is working on a raft of measures to address challenges that have been hindering increased participation of indigenous Zimbabweans in the local economy, Finance and Economic Development ...
by Staff reporter

12 member Chinese delegation expected today

05 January 2016 | 673 Views
A 12-member business delegation from the Qingdao province of China is expected in Zimbabwe today for a four-day visit which will include signing a Memorandum of Understanding (MoU) on investment colla...
by Business Reporter

Zimbabwe won't apologise for exporting animals to China

04 January 2016 | 1656 Views
Zimbabwe's government has reportedly said it would be exporting more of its wildlife to China in order to raise necessary funds to look after its animals, a report said on Monday.According to ...
by Staff reporter

Chinese delegation expected tomorrow

04 January 2016 | 901 Views
An investment delegation from Quingdao province, China is expected in the country tomorrow, as more companies from China continue to scout for investment opportunities in Zimbabwe. Information...
by Staff reporter

Why Civil Servants were not paid December salaries and bonuses

02 January 2016 | 5569 Views
Zanu-PF should be condemned in the strongest terms for inflicting unprecedented pain and suffering on civil servants. We never imagined how far Zanu-PF could go with its cruelty. There are many social...
by DR Tapiwa Mashakada, Mp Hatfield

Mugabe's nephew, Chinamasa brawl over indigenisation laws

27 December 2015 | 4335 Views
HARARE - Damaging discord has once again emerged in President Robert Mugabe's Cabinet, with two ministers Patrick Chinamasa and Patrick Zhuwao reading from entirely different scripts on the country's ...
by Staff Reporter

Chinese billionaire expected in Bulawayo

15 December 2015 | 2367 Views
CHINESE billionaire William Ding is expected in Bulawayo today to attend the Local Government Economic Development Forum 2015. William, also called Ding Lei, is the chairperson of NetEase, one of Chin...
by Pamela Shumba

'Of Mega Deals and Mega Poverty'

11 December 2015 | 2182 Views
As leader of a political party which is working tirelessly to win the confidence of the people of Zimbabwe, I have substantive interest in anxieties and expectations emanating from the litany of unful...
by Professor Welshman Ncube

China's $60 Billion pledge to Africa commendable

09 December 2015 | 1089 Views
The recent visit to Africa by Chinese President, Xi Jinping must be commended as it brings positive light to most African countries that had been battling over years, trying to recover their ailing ec...
by Chido Chikuni

Opposition blasts government over Diaspora remittances

08 December 2015 | 1417 Views
Opposition parties yesterday blasted the Zanu-PF government of rushing to tap into remittances by thousands of Zimbabweans in the Diaspora without providing them with a platform to participate in ...
by Staff reporter

Chinese businessman attacks Zim's labour laws, investment policies

07 December 2015 | 1990 Views
A Chinhoyi-based Chinese businessperson has lashed out at Zimbabwe's "restrictive labour laws and prohibitive investment policies," describing them as a major bottleneck to the country's bid to at...
by Staff reporter

Chinamasa's budget shows that Zim is a consumptive nation

07 December 2015 | 1573 Views
Bulawayo based policy analyst Batler Tambo has said the budget for 2016 announced by Finance Minister Patrick Chinamasa recently shows that Zimbabwe has a consumptive economy with no possible growth e...
by Stephen Jakes

China City Mall for Bulawayo

06 December 2015 | 2137 Views
BULAWAYO City Council is engaged in marathon discussions with its sister city of Polokwane in South Africa to establish a China City in Bulawayo similar to that which was constructed in the neighbouri...
by Richard Muponde

Tax reprieve for retrenchees

06 December 2015 | 1470 Views
FINANCE and Economic Development Minister Patrick Chinamasa gave workers who were retrenched on three months' notice an early Christmas present in his 2016 National Budget Statement when he announced ...
by Lungile Tshuma

'China not out to rob us,' says Mugabe

05 December 2015 | 962 Views
PRESIDENT Mugabe yesterday blasted as distorted, claims by Africa's detractors that the continent's relations with China were based on the Asian country's appetite for raw minerals.Speaking at...
by Nduduzo Tshuma

China insists in Zimbabwe leadership change

04 December 2015 | 6928 Views
ZIMBABWE and China may have signed a number of infrastructural deals between August last year when President Robert Mugabe visited the Asian country and this week when President Xi Jinping came to Har...
by Staff reporter

China to set up a cigarette plant in Zimbabwe

04 December 2015 | 1164 Views
China is expected to set up a cigarette manufacturing company in Harare following discussions between the government and officials from the Asian giant, it has emerged. Finance and Economi...
by Staff reporter

Chinamasa spot fine illegal

03 December 2015 | 2935 Views
The unilateral increase of spot fines by Finance Minister Patrick Chinamasa in his 2016 National Budget presentation last week could be null and void at law, unless the government moves to review the ...
by Staff reporter

Will China save Zimbabwe?

02 December 2015 | 2013 Views
I think that there is this wide misconception in Zimbabwe that since the Chinese President has visited, we will see an economic turnaround spurred by Chinese investment. Nothing can be further from th...
by Vince Musewe

Zimbabwe can't afford to ignore China

02 December 2015 | 1531 Views
Finance Minister Patrick Chinamasa says Zimbabwe cannot afford to ignore the need to deepen economic and trade relations with China, the world's biggest economy and consumer of most of its primary...
by Staff reporter

WATCH: Xi Jinping arriving in Zimbabwe

02 December 2015 | 1162 Views
Chinese President Xi Jinping arrives at the Harare International airport on December1, 2015. President Jinping is on a historic two-day state visit to Zimbabwe during which he will witness the signing...
by Staff reporter

Rousing Zimbabwean welcome for China's Xi Jinping

02 December 2015 | 866 Views
THOUSANDS of people, among them President Mugabe and First Lady Amai Grace Mugabe, yesterday thronged Harare International Airport to welcome Chinese President Xi Jinping who is on a two-day State vis...
by Takunda Maodza and Lloyd Gumbo

Megaphone diplomacy on deals harmful

01 December 2015 | 1123 Views
China is undisputedly our greatest trading partner and as Zimbabweans, we cherish that economic relationship. Our all weather friendship dates back to the 1960s when Zimbabwe was engaged in a bitter w...
by John Sigauke

Chinese President Xi Jinping touches down in Zimbabwe

01 December 2015 | 2646 Views
Chinese President Xi Jinping has arrived in Zimbabwe on a two day state visit.President Xi, who is accompanied by the Chinese First Lady, Peng Liyuan, was met at the Harare International Airpo...
by Staff reporter

Chinese billionaire to explore opportunities in Bulawayo

01 December 2015 | 2088 Views
CHINESE billionaire William Ding is expected in the country on December 15 to explore investment opportunities in the property sector. During his visit, Ding will address the Local Government ...
by Innocent Ruwende

Pomp, fanfare for Xi's Zimbabwe visit

01 December 2015 | 1748 Views
CHINESE President Xi Jinping arrives in Harare today at the start of a historic two-day State visit which is set to elevate bilateral relations and entrench economic ties between the two countries. Pr...
by Nduduzo Tshuma

Chinese firm rescues Mugabe's Presidential Scholarship

01 December 2015 | 1089 Views
Zimbabwe and a Chinese company Qingdao Hengshun Zhongsheng yesterday signed a Memorandum of Understanding under which the company will fund at least 100 students on the Presidential Scholarship Scheme...
by Tendai Mugabe

Chinamasa now a government wages clerk - PDP

30 November 2015 | 2040 Views
Finance minister, Patrick Chinamasa has been described as a ‘wages clerk' as the government salary bill for 2016 will be $3, 919 billion.Last week, Chinamasa presented a $4 billion 2016 nati...
by Thobekile Zhou

Chinese President praises Zimbabwe

30 November 2015 | 1990 Views
Chinese President Xi Jinping praised Zimbabwe's visionary and strategic choice to become Beijing's "good partner, good friend, good brother" in Africa as he prepared to jet off on his first state visi...
by Staff reporter

China pushes for deeper engagement with Africa

30 November 2015 | 491 Views
Chinese President Xi Jinping and his African counterparts will have much to celebrate at the upcoming Forum on China-Africa Cooperation in Johannesburg, South Africa this week. When the forum was firs...
by Staff reporter

Chinamasa's national budget a damp squib- MDC

29 November 2015 | 1138 Views
 The MDC has dismissed the 2016 National Budget presentation by Finance Minister Patrick Chinamasa today as a damp squib which provides no hope for the millions of suffering Zimbabweans.I...
by Stephen Jakes

Second-hand car import volumes plummet

29 November 2015 | 2667 Views
SECOND-HAND motor vehicle imports have plunged by about 70 percent over the past five years, a development economic analysts have attributed to a number of factors, chief being increases in customs du...
by Staff reporter

Chinamasa's budget a damp squib

27 November 2015 | 1763 Views
The MDC is gravely concerned that the 2016 national budget has not put in place a substantive programme to resuscitate the ailing economy.The poor budget statement does not indicate the willin...
by Webber Chinyadza

Special 5 % excise duty on second hand cars announced

27 November 2015 | 4728 Views
Finance minister Patrick Chinamasa has proposed a raft of new measures on excise duty on second hand motor vehicles in a bid to promote transparency in the determination of excise duty.The mea...
by Thobekile Zhou

Chinamasa hikes traffic fines

27 November 2015 | 6924 Views
Motorists are in for a fix as they now face being fined $100 for 'entering' a red traffic light.That is a massive hike from $20.The proposed new fines are with effect from 1 January 20...
by Thobekile Zhou

2016 Economic Growth possible

27 November 2015 | 1327 Views
Zimbabwe is able to resuscitate its economy in the coming year. It is worrisome that analysts were denouncing the 2.7 percent economic growth that came out in the budget strategy paper that was prepar...
by Chido Chikuni

Security ministries gets lion's share from Chinamasa's budget

27 November 2015 | 1842 Views
SECURITY ministries received some of the biggest allocations in the 2016 budget votes outside the Education ministries despite a marked shift in social spending, statistics show.According to t...
by Staff reporter

Cabinet approves civil service cut

27 November 2015 | 3712 Views
Finance minister Patrick Chinamasa yesterday hinted that government would drastically reduce the civil service, as it seeks to save $170 million a year, saying this had been approved by the Cabine...
by Staff reporter

Chinese firms scramble for Zimbabwe infrastructure projects

27 November 2015 | 1760 Views
Transport minister Joram Gumbo says various Chinese firms have expressed interests to partner with government in the implementation of major infrastructure deals in the country. This comes...
by Staff reporter

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