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China support not enough to rescue Zimbabwe economy

28 August 2014 | 1308 Views
SNUBBED by a U.S.-hosted gathering of African leaders this month, veteran President Robert Mugabe has turned again to "old friend" China, but even Beijing's support may not be enough to rescue h...
by Reuters

China treats African countries as equal partners says Mugabe

28 August 2014 | 1394 Views
President Robert Mugabe says Zimbabwe is more associated with China and Chinese leaders, not only because of the historical relations, but due to the fact that the Asian nation treats African countrie...
by Staff Reporter

China vows support for Zimbabwe

28 August 2014 | 1313 Views
Chinese Premier Li Keqiang has promised visiting Zimbabwean President Robert Mugabe that China will continue to support the development of Zimbabwe and Africa as a whole. Li said China wou...
by Staff reporter

Mugabe wants free visa for Chinese

28 August 2014 | 2387 Views
President Robert Mugabe has ordered Tourism Minister Walter Mzembi to work on the modalities of a free visa regime for Asian economic giant China's nationals to boost the country's tourism.In...
by Staff reporter

Top Chinese legislator meets Mugabe

27 August 2014 | 968 Views
Top Chinese legislator Zhang Dejiang on Tuesday met with visiting Zimbabwean President Robert Mugabe, pledging to enhance bilateral parliamentary cooperation. Zhang, chairman of the Stand...
by Xinhua

Mugabe hailed as renowned leader by China's Xi Jinping

25 August 2014 | 2128 Views
Beijing - China's President Xi Jinping on Monday hailed Zimbabwe's Robert Mugabe as a renowned African liberation leader and an "old friend" of the Chinese people.The former guerrilla turned A...
by Staff reporter

'Zimbabwe to honour agreements with China,' says Mugabe

25 August 2014 | 1477 Views
President Robert Mugabe, who is in China for a week long state visit, has assured Chinese investors that his government will always render them the necessary support and will not renege on agreeme...
by Staff reporter

Mugabe arrives in China

24 August 2014 | 1757 Views
President Robert Mugabe has arrived in Beijing, China for a state visit.President Mugabe, who is accompanied by the First Lady, Grace Mugabe was met at Beijing Internati...
by Staff reporter

Mugabe off to China

23 August 2014 | 3131 Views
President Robert Mugabe has left Harare for China on a state visit that is set to cement the existing bilateral ties between the two countries.President Mugabe, who is accompanied by the First...
by Staff reporter

Harare twins with China's biggest manufacturing provinces

20 August 2014 | 1294 Views
Harare Metropolitan province has entered into a twinning arrangement with one of China's biggest manufacturing provinces, Shandong in a development set to benefit business communities of the two provi...
by Staff Reporter

China to give Mugabe massive $10bn part loan lifeline

12 August 2014 | 5598 Views
HEIDELBERG - China has once again come to the political and economic rescue of President Robert Mugabe's bewildered government, by agreeing to disburse part of a massive $10b credit loan facility, t...
by Itai Mushekwe

Temba Mliswa takes dig at Chinamasa

12 August 2014 | 1884 Views
Hurungwe West legislator Temba Mliswa says Finance Minister Patrick Chinamasa must cut Government expenditure on luxuries such as top-of-the-range vehicles before looking for money elsewhere.M...
by Walter Nyamukondiwa

Chinamasa should stop shedding crocodile tears - WhatsApp update

06 August 2014 | 1879 Views
Please note that Bulawayo24 does not edit WhatsApp updates. We publish them as sent by our readers and we do not disclose the sender's telephone number. ...
by Staff Reporter

Zimbabweans suffer from 'import mania' says Chinamasa

06 August 2014 | 2272 Views
The problem of Zimbabwe's ballooning trade imbalance is being exacerbated by businessmen who are importing goods that can be manufactured locally thus rendering the industry inefficient, Finance Minis...
by Staff reporter

Zimbabwe, China mull tobacco processing plant

06 August 2014 | 1326 Views
Zimbabwe and China are planning to establish a multi-million dollar tobacco processing plant that will see the country exporting more processed tobacco products. Speaking after receiving a...
by Staff reporter

Biti shoots down Chinamasa's economic projections

04 August 2014 | 4141 Views
MDC Renewal Team leader and former Finance minister Tendai Biti last Friday shot down his successor Patrick Chinamasa's economic projections, saying given the prevailing stagnation in most sectors, th...
by Staff Reporter

'I'm not sleeping,' says Chinamasa

01 August 2014 | 3177 Views
IN a move that shows government has failed in its plans to turn around the economy, Finance minister Patrick Chinamasa has called on captains of industry to bring forward concept papers on how to revi...
by Staff reporter

'Patrick Chinamasa, How do you sleep at night?'

31 July 2014 | 4061 Views
There comes a time in one's life where a line has to be drawn in terms of what's acceptable anymore and what is not.  I, for one, have had it and am saying ENOUGH to the Zanu PF government an...
by Emilia Mukaratirwa, Zapu Vice President

Airtime and street vendors to pay $1 a day State levy

29 July 2014 | 4951 Views
It has been reported that the Zimbabwe government is planning to step up its revenue collection efforts with a crackdown on all informal traders.According to TechZim, this blitz will also rope...
by TechZim

Govt considers shutting down non-performing parastatals

29 July 2014 | 2541 Views
FINANCE and Economic Development Minister Patrick Chinamasa has said government is considering shutting down non-performing state-owned companies because they have become a drag on the country's econo...
by Staff Reporter

'Zanu-PF's relationship with China should be investigated'

28 July 2014 | 3245 Views
The ruling Zanu-PF party's relationship with Asian economic giant, China, should be investigated to see if the ruling party is not flouting the country's laws, opposition parties have urged....
by Staff reporter

Multi-currency to stay says Chinamasa

27 July 2014 | 1531 Views
Finance minister Patrick Chinamasa has said government is not abandoning the multi-currency regime anytime soon.Addressing captains of industry at the Institute of Chartered Accountants of Zim...
by Staff Reporter

Zimbabwe downgrades 2014 economic outlook

24 July 2014 | 1365 Views
The Zimbabwe government has halved it 2014 real GDP growth to 3.1 percent in line with other forecasts made by the World Bank and the IMF, from the 6.1 percent made during the 2014 national budget....
by Business reporter

Is the Zimdollar on its way back?

23 July 2014 | 4184 Views
There are renewed fears that the government may be considering re-introducing the discarded and much-derided Zimbabwe dollar after Finance and Economic Development minister Patrick Chinamasa said on M...
by Staff reporter

Chinamasa blames dollarisation for economic challenges

22 July 2014 | 1753 Views
THE introduction of the multi-currency regime in 2009 is to blame for the economic challenges Zimbabwe faces today as it caused an increase in the cost of commodities and raised salaries to unsustain...
by Farirai Machivenyika

'Zimbabwe could miss 6.4% growth target for 2014,' says Chinamasa

21 July 2014 | 1590 Views
Zimbabwe could miss its 6.4% growth target this year but the final number will not be as low as some international lenders have predicted, finance minister Patrick Chinamasa said yesterday.The...
by Reuters

Chinamasa to court investors in UK

17 July 2014 | 1995 Views
Finance Minister Patrick Chinamasa is expected to lead a high level of Zimbabwean business executives and government officials to London as government intensifies efforts to court global investor...
by Staff reporter

Chinamasa sucked into Mumbengegwi, Mutsvagwa fight

08 July 2014 | 4222 Views
Finance Minister Patrick Chinamasa has been sucked into the acrimonious fallout between Foreign Affairs minister Simbarashe Mumbengegwi and his deputy Christopher Mutsvagwa. The fight too...
by Staff reporter

Five Zimbabwean banks are 'ill' says Chinamasa

04 July 2014 | 4247 Views
HARARE - Up to five Zimbabwean banks are "ill", but this will not have an impact on the overall sector due to their small size, Finance minister Patrick Chinamasa said yesterday, without naming the st...
by Staff Reporter

'Zim govt will not mortgage minerals,' says Chinamasa

02 July 2014 | 1615 Views
Government will not consider using the country's mineral resources as leverage to mobilise funds needed to revive the economy before conducting geological surveys of the resources available, an offici...
by Staff reporter

Chinamasa looks to patch up Zimbabwe

02 July 2014 | 3203 Views
Zimbabwe's economy is on the verge of recession, with low consumer demand and a liquidity crunch putting its businesses under strain. Against this backdrop, Finance Minister Patrick Chinamasa ...
by The Banker

Shopping spree:- Zanu-PF, MDC-T MPs stranded in China

01 July 2014 | 4683 Views
ABOUT 27 local MPs are said to be stranded in Guangdong Province, China, after they went on a shopping visit to Beijing, but missed their plane when they decided to travel further to Guangdong....
by Staff reporter

'Economy first, succession later,' says Chinamasa

23 June 2014 | 2509 Views
ZIMBABWEANS should not focus on succession related issues and personalities and direct their energy towards economic revival, Finance Minister Patrick Chinamasa has said.Officially launching ...
by Farirai Machivenyika

Government's Look East Policy bears fruit

06 June 2014 | 2011 Views
For a long time, the relationship that exists between Zimbabwe and China has largely been political, stemming from China's assistance during the liberation struggle.With the passing of time, t...
by Peacemaker Zano

Govt seek funds for stranded Mugabe scholarship students

31 May 2014 | 3427 Views
Finance minister Patrick Chinamasa says government is looking for funds to make sure that stranded students under President Robert Mugabe's Scholarship Programme complete their studies in foreign univ...
by Staff Reporter

Multicurrencies: impact of the Chinese currency

30 May 2014 | 3339 Views
The recent addition of the Chinese currency, among others, into Zimbabwe's much-admired multicurrency system (which the new RBZ governor has already branded as being sin qua non to the Zim economy rev...
by Colls Ndlovu

'No U-turn on indigenisation,' says Chinamasa

29 May 2014 | 1872 Views
Government says the indigenisation policy has not changed, but will be aligned with investment realities that will see arrangements being made with investors depending on particular cases....
by Staff reporter

Civil servants payday, Chinamasa paints a gloomy picture

29 May 2014 | 4090 Views
FINANCE minister Patrick Chinamasa yesterday painted a gloomy picture over the future welfare of civil servants when he admitted in Parliament that government was failing to maintain consistent pay da...
by Staff reporter

Patrick Chinamasa on indigenisation

28 May 2014 | 2852 Views
Cabinet has directed the urgent realignment of investment and empowerment laws so that they reflect a 100 percent ownership of natural resources by Zimbabweans, with investors entering into profit sha...
by Staff Reporter

Chinamasa courts Arab funding

27 May 2014 | 4367 Views
Finance and Economic Development minister Patrick Chinamasa has been invited to the Arab Bank for Economic Development (BADEA) headquarters in Khartoum, Sudan, to tie loose ends on a possible fun...
by Staff reporter

Chinese investment in Zim surges

22 May 2014 | 1566 Views
Chinese investment in Zimbabwe rose by more than 5 000 percent in the past five years, with the country now among Africa's largest recipients of FDI from the world's second-largest economy.  ...
by Staff reporter

Patrick Chinamasa admits to Zim economic rot

19 May 2014 | 5589 Views
FINANCE minister Patrick Chinamasa last week admitted before Parliament that the economy was in tatters, but blamed the rot on economic sanctions imposed on Zimbabwe by the West 10 years ago....
by Staff reporter

Zimbabwe still to approach China for yuan

13 May 2014 | 3624 Views
Zimbabwe has not made an official agreement with the Chinese government for the use of the yuan, a Chinese government official has revealed.Out-going Chinese economic and commercial Counselor...
by Staff reporter

China-Zimbabwe trade volumes double

13 May 2014 | 2167 Views
Trade volumes between Zimbabwe and China doubled between 2010 and 2013 to $1,1 billion, the outgoing Chinese economic and commercial counsellor Han Bing said yesterday. Speaking at his far...
by Staff reporter

Chinese miner found alive after 17 years underground

12 May 2014 | 8036 Views
Ürümqui| A group of coal miners from the western province of Xinjiang, had an unbelievable surprise when the gallery they were excavating opened up on a section of an old mine, that was abandoned 17...
by Staff reporter

Why China is frowning on Zimbabwe

10 May 2014 | 3371 Views
The current historic visit by the Chinese Premier Li Keqiang to Ethiopia, Kenya, Nigeria and Angola sends heavy-duty signals to Africa and the world at large regarding China's new preferences. The...
by Tapiwa Kapurura

Zim-Asset funding: China should be applauded

09 May 2014 | 2731 Views
It is with great hope and appreciation that finally the government's economic blue print, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation ( Zim-Asset) has finally been promised t...
by Mukachana Hanyani

Of Chinamasa and an 'Inconsistent' Problem

08 May 2014 | 2907 Views
When Finance Minister Patrick Chinamasa spoke at a conference that I attended on Monday, he said something that was supposed to be good news to foreign investors; something designed to allay their fea...
by Alex Magaisa

'Let's end confrontation with West,' says Chinamasa

06 May 2014 | 4774 Views
ZIMBABWE is ready to fine-tune policies to lure foreign investment instead of enforcing policies that might cause confrontation with foreign investors, the country's top economic official said Monday....
by Xinhua

Chinamasa hunts diamond conmen

04 May 2014 | 2673 Views
A company, commissioned to organise diamond sales in Dubai on behalf of Zimbabwe - Dubai Diamond Exchange is illegally holding on to US$30 million realised from the sale. Senior Government of...
by Staff Reporter

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