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Second hand clothes, shoes ban backfires

05 August 2015 | 1037 Views
Finance Minister Patrick Chinamasa was yesterday asked to reverse a ban on the importation of second hand clothes and shoes or risk his Mid Term Fiscal Review being rejected by the National Assemb...
by Staff reporter

Chinese experts jets in for mega deals

04 August 2015 | 1436 Views
A team of Chinese experts is here to evaluate each of the mega deals signed by President Mugabe when he visited the Asian country on a State visit last year to enable the financing of the projects...
by Staff reporter

Chinamasa snubs Bulawayo journalists on second hand clothes ban

03 August 2015 | 3345 Views
Finance minister Patrick Chinamasa on Monday refused to respond to questions in Bulawayo on the controversial ban on sale of second hand clothes.Chinamasa is in the city attending  SADC j...
by Thobekile Zhou

Govt imports 400 000 decoders from China

31 July 2015 | 5270 Views
Zimbabwe has started importing 400 000 television set-top boxes from China to enable locals to continue watching TV after switching from analogue to digital. A set-top box enables the rec...
by Staff reporter

China tells Zimbabwe to repay $1.5 billion

31 July 2015 | 9806 Views
It has emerged that part of the reason for VP Emmerson Mnangagwa's visit to Beijing in early July was to seek an emergency rescue package for the country. China which has told Harare it d...
by Staff reporter

2015 Mid-term Fiscal Policy - full document

30 July 2015 | 5410 Views
Government to increase surtax on second hand vehicles aged more than 5 years from date of manufacture from 25 percent to 35 percent effect from September 1.Royalties on small scale gold miner...
by Staff reporter

Massive civil servants retrenchment on the way - Chinamasa

30 July 2015 | 7046 Views
Finance minister Patrick Chinamasa has hinted massive civil servants retrenchment  as he said there was urgent need to reduce wage bill from 80% to just 40%.He said the Supreme Court ...
by Thobekile Zhou

Chinese doctors deployed to Zimbabwe

27 July 2015 | 4052 Views
The Chinese government has been commended for aiding Zimbabwe's health sector following its recent deployment of 14 medical doctors to the country's biggest referral hospital.The Chinese docto...
by Staff reporter

Matabeleland not marginalised, says Chinamasa

24 July 2015 | 4501 Views
THE Minister of Finance and Economic Development Patrick Chinamasa has dismissed suggestions by MDC-T Magwegwe legislator Anele Ndebele that the government was marginalising the Matabeleland region in...
by Auxilia Katongomara

Mugabe loses look East deals

20 July 2015 | 5685 Views
Revelations following the visit of China by the Vice President Emmerson Mnangagwa posit that Zimbabwe might have lost its look East policy deals due to escalating economic crisis and corruption rockin...
by Stephen Jakes

Zimbabwe flies 20 elephants to China

07 July 2015 | 2514 Views
Zimbabwe has exported 20 elephants to private game parks in China as part of conservation efforts and amid rising poaching in southern Africa. "The elephants arrived safely in China yester...
by Staff reporter

Zim govt targets increasing savings

05 July 2015 | 4973 Views
The government is crafting policies to increase savings within the economy by ensuring that banks offer facilities at affordable rates.The increase in savings is critical in facilitating the g...
by Staff Reporter

Mnangagwa off to China

05 July 2015 | 4778 Views
Vice President Emmerson Mnangagwa has left for the Republic of China on a five-day visit, where he is expected to further bilateral ties between Zimbabwe and the Chinese government.Mnangagwa i...
by Staff Reporter

Chinamasa must be charged with contempt for lying in parliament - Bhebhe

04 July 2015 | 5055 Views
The MDC-T organising secretary Abednico Bhebhe has called for the Finance Minister, Patrick Chinamasa to be charged with contempt of Parliament after he lied to Senators recently blaming the MDC f...
by Stephen Jakes

Chinamasa defends Mugabe trips

25 June 2015 | 4160 Views
Patrick Chinamasa the Finance Minister yesterday defended President Robert Mugabe's frequent trips abroad at a time the economy is imploding saying he was a diligent person discharging his duties ...
by Staff reporter

Zimbabwe moves to scrap travellers' rebates

21 June 2015 | 6182 Views
VICTORIA FALLS - Zimbabwe is considering scrapping travellers' rebates on basic commodities to boost local industry, Finance minister Patrick Chinamasa said on Thursday.Chinamasa told delegate...
by Staff reporter

Africans also investing in China

17 June 2015 | 4016 Views
African countries have poured over $14 billion in investments China, the world's newest economic superpower, surpassed the United States as Africa'...
by Bo Li

Zimbabwe rubbish China military base report

11 June 2015 | 5256 Views
DEFENCE Minister Sydney Sekeramayi has slammed the United States of America for cooking up a story alleging China is building a military base in the country.The issue came up for discussion la...
by Temba Dube

China building military base in Zimbabwe raises alarm in US

10 June 2015 | 10517 Views
A United States panel on Africa has been told of China building a military base in eastern Zimbabwe, raising alarm in Washington which is increasingly worried about Beijing's growing influence in Afri...
by Ntungamili Nkomo

Chinamasa in bid to woo the West

11 May 2015 | 2797 Views
Government has changed its economic revival strategy hitherto focused on the Look East policy and is now looking everywhere around the world, including the country's erstwhile enemies from the Wes...
by Staff reporter

Chinamasa wades into Telecel saga

08 May 2015 | 5121 Views
FINANCE Minister Patrick Chinamasa yesterday said Telecel should not have been allowed to operate in the first place.The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)...
by Leonard Ncube

Chinamasa gets reality check in the US

08 May 2015 | 4332 Views
Finance minister Patrick Chinamasa recently came back from the International Monetary Fund and World Bank 2015 spring meetings with the sobering realisation that Zimbabwe has a long way to ensure debt...
by Staff reporter

Zimbabwe urged to adopt China infrastructure model

07 May 2015 | 4320 Views
The Chinese People's Association for Friendship with Foreign Countries has called for Zimbabwe to boost its business infrastructure along the Chinese model.The delegation is in the country to ...
by Funny Hudzerema

Chinamasa begs donors

06 May 2015 | 5801 Views
Finance and Economic Development Minister Patrick Chinamasa has begged development partners to channel aid through the government  to foster transparency and curb double allocation of funds....
by Thobekile Zhou

Zimbabwe removed from international financial blacklist

06 May 2015 | 4571 Views
Zimbabwe has been removed from the international financial blacklist after the country took steps towards improving its role in the global fight against money laundering and terrorist financing, a...
by Staff reporter

Zim 'suspended' tax on diamond Chinamasa lied to IMF - they posted the lie on the website!

01 May 2015 | 3904 Views
Our Finance Minister, Patrick Kiya-kiya" Chinamasa, is still grappling with how to deny the wholesale looting and plunder going on in Marange.  Every month the Minister has had to struggle to fi...
by Wilbert Mukori

Zim govt suspends diamond tax

01 May 2015 | 2523 Views
The government has temporarily suspended the collection of a 15 percent tax on diamond sales due to a drop in production and low global prices for the gems.A government's letter of intent to t...
by Staff Reporter

Chinese bank withhold funds for Zimbabwe electricity expansion project

29 April 2015 | 3945 Views
The China Export and Import Bank has withheld funds for the Kariba South Hydro Power expansion until the government clears its previous loan obligations.The decision is likely to delay complet...
by Staff reporter

Mugabe urged to fire Chinamasa

28 April 2015 | 5347 Views
The Zimbabwe Federation of Trade Unions (ZFTU), which is widely believed to be aligned to the ruling Zanu-PF party, has described Finance minister Patrick Chinamasa as a pseudo-revolutionary and ...
by Staff reporter

Jonathan Moyo, Chinamasa likely to be re-deployed in cabinet reshuffle

24 April 2015 | 7133 Views
Reportedly unimpressed by the mediocre performance of some of his ministers, President Robert Mugabe is set to soon reshuffle his cabinet, in a move which could see ministers such as Patrick Chinamasa...
by Staff reporter

Chinamasa in a catch 22 situation

23 April 2015 | 4662 Views
PATRICK Chinamasa, the Finance Minister, is in an ultimate catch 22 as he struggles to squeeze money out of nothing with apparently no ample legroom to manoeuvre to deliver for the broke country as th...
by Staff reporter

Mugabe, Chinamasa bonus statements brew storm, calls for Chinamasa to be ejected

21 April 2015 | 4085 Views
THE contradictory statements about civil servants bonuses issued by both Finance Minister Patrick Chinamasa who said this year and next year the government workers will not get their bonuses and that ...
by Stephen Jakes

'Intelligent' Chinamasa wont be fired over bonus says Coltart

20 April 2015 | 5577 Views
FINANCE Minister Patrick Chinamasa's chances of being fired for his civil servants bonus 'boob' are slim as it is highly likely that it was a well planned government move timed to coincide with his Wa...
by Thobekile Zhou

Civil servants attack Chinamasa

20 April 2015 | 2954 Views
CIVIL servants unions yesterday said they welcomed President Robert Mugabe's announcement that civil servants' would get annual bonuses and criticised Finance Minister Patrick Chinamasa for "unilatera...
by Oliver Kazunga

Chinamasa speaks out on Mugabe's bonuses directive

20 April 2015 | 5306 Views
FINANCE and Economic Development minister Patrick Chinamasa yesterday said President Mugabe's directive to reinstate civil servants bonuses will be implemented as directed saying the announcement of ...
by Tendai Mugabe

Mugabe Attack on Chinamasa sign of serious policy discord

19 April 2015 | 7026 Views
On Monday, April 13,2015 Patrick Chinamasa, the Minister of Finance & Economic Development in the beleaguered and faction - ridden ZanuPF regime, addressed a press conference at Munhumutapa Bu...
by Obert Chaurura Gutu, Mdc National Spokesperson

Chinamasa engages IMF at US meeting

17 April 2015 | 3072 Views
Finance minister Patrick Chinamasa is in Washington DC to attend the IMF's 2015 spring meeting which begins today and ends on Sunday hoping to use the forum to engage multilateral lending institut...
by Staff reporter

Chinamasa urged to reduce wage bill than scrapping bonuses

16 April 2015 | 3404 Views
Zanu PF youth member and empowerment activist Fidelis Fengu has challenged finance minister and party's secretary for legal affairs Patrick Chinamasa to reverse the scrapping of bonuses but opt fo...
by Stephen Jakes

China's Defence Minister arrives in Zimbabwe

26 March 2015 | 1678 Views
China's State Councillor and Defence Minister General Chang Wanquan arrived in Harare yesterday to operationalise the implementation of mega deals signed during President Mugabe's 13th State visit to ...
by Staff reporter

Civil service job cuts

25 March 2015 | 4340 Views
THE government has tasked the Ministry of Finance to coordinate efforts to reduce its huge wage bill currently gobbling up more than 80 percent of the National Budget and a head count of personnel and...
by Lovemore Mataire

Germany invites Zimbabwe delegation to Berlin for debt talks

24 March 2015 | 2262 Views
The Government will send a technical team to Germany in the near future to discuss the country's debt to the European country and ways on resolving it.The country owes international financial ...
by Rumbidzai Zinyuke

Chinamasa tell IMF govt will compensate white farmers - Zanu PF thugs benefited, so they should pay!

18 March 2015 | 5364 Views
Finance Minister, Patrick Chinamasa, told the IMF that Zimbabwe will compensate the white farmers who lost their farms in the chaotic, violent and totally disastrous farm seizures of the last 15 yea...
by Wilbert Mukori

Chinese leader Xi Jinping coming to Zimbabwe

13 March 2015 | 2704 Views
Chinese President Xi Jinping could visit Zimbabwe before year end as the two countries continue high-level engagements which the southern African country hopes will lead to the signing and implem...
by Staff reporter

Bloated payroll a result of GNU, says Chinamasa

13 March 2015 | 1816 Views
The Constitutional amendments proposal to trim a bloated public payroll through streamlining certain Government departments was meant to provoke national debate, Finance and Economic Development Minis...
by Zvamaida Murwira

The bloated legislature is not sustainable in the country

12 March 2015 | 1361 Views
The proposal by the Minister of Finance and Economic Development, Cde Patrick Chinamasa, that the number of parliamentarians in the country should be reduced, as a way of reducing financial pressu...
by John Mukumbo

Biti won't back Chinamasa's plan to reduce public sector wage bill

11 March 2015 | 2813 Views
THE MDC Renewal party says it will not support planned constitutional changes aimed at reducing the public sector wage bill, insisting that the government is concentrating on dealing with symptoms not...
by Pamela Shumba

Zimbabwe to compensate white commercial farmers

10 March 2015 | 4344 Views
White commercial farmers who lost land during a program of violent seizures that began in 2000 will compensated for improvements to the properties when the country has funds available, Finance Minist...
by Staff reporter

Chinamasa should spare us his kindergarten economics

09 March 2015 | 2548 Views
When MDC President  Morgan Tsvangirai told his supporters in Highfield on Saturday that Zanu (PF) no longer has capacity to resolve the current crisis in Zimbabwe he had not read Patrick Chi...
by MDC-T-UK and Ireland - Makusha Mugabe, Spokesman

Zimbabwe crafts debt repayment plan

09 March 2015 | 2714 Views
Zimbabwe urgently needs to come up with a solid debt repayment strategy to settle ballooning debts to international creditors.Finance Minister Patrick Chinamasa  is quoited by Daily News ...
by Thobekile Zhou

Mujuru allies purge condemned

09 March 2015 | 2314 Views
ZANU-PF secretary for legal affairs Patrick Chinamasa has urged the Bulawayo province to unite and shun factionalism as the party embarks on its countrywide restructuring programme in preparation for ...
by Pamela Shumba

News Updates


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MDC Renewal Team to change name to People's Democratic Party

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Second hand clothes, shoes ban backfires

by Staff reporter | 05 August 2015 | 1038 Views

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Heavy K expected in Bulawayo

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