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Mthuli Ncube's budget: The good, bad and ugly
In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...Published: 26 Nov 2018 at 06:08hrs | 4 | by NewZWire
Key economic expectations from the 2019 budget presentation
As the finance minister prepares to present the 2019 National Budget to parliament on the 22nd of November, a lot is at stake for economic development. In 2016, Zimbabwe's tax revenues were $3.5 billi...Published: 22 Nov 2018 at 11:25hrs | 1 | by Victor Bhoroma
National budget tracking critical for legislators
THE best time to sensitise incoming legislators about important issues is when they have just been sworn-in, still beaming with excitement and newly-found confidence. Some key issues they need to be a...Published: 02 Oct 2018 at 09:53hrs | | by Staff reporter
'Airtime tax hurting consumers'
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director general, Dr Gift Machengete, has called for increased collaboration between policymakers and operators towards further ...Published: 26 Jul 2018 at 07:09hrs | 1 | by Staff reporter
Chinamasa to garnish Obert Mpofu over $1,5m
HIGH Court judge Justice Clement Phiri has ordered Finance minister, Patrick Chinamasa, his permanent secretary and paymaster-general, to garnish the Obert Mpofu-led Home Affairs Ministry's account an...Published: 11 Apr 2018 at 07:24hrs | | by Staff reporter
BREAKING: Home Affairs Ministry garnished US$1.6m
The High Court has granted a US$1.6 million garnishee order against the Minister of Home Affairs and instructed the Minister of Finance and Economic Development and Permanent Secretary and Paymaster G...Published: 10 Apr 2018 at 14:40hrs | | by Staff Reporter
Foreign investors expected for Harare mining indaba
International investors will get a chance to consider the vast investment opportunities in Zimbabwe's growing mining sector at a mining indaba to be held from 27 to 28 February 2018 at The Meikles Hot...Published: 22 Feb 2018 at 07:10hrs | 1 | by Business Correspondent
Chiyangwa's dream shattered
Zifa president Philip Chiyangwa's hopes of pushing the association's elections to 2020 were dealt a major blow after the Zifa Council adopted a propasal by Central Region Soccer League to have the pol...Published: 18 Feb 2018 at 22:06hrs | 1 | by Staff reporter
BCC still violating Govt directive on salaries
THE Bulawayo City Council is still in violation of the Government's directive to set the service delivery to salaries ratio at 70:30.In its recommendations to the city council after approving ...Published: 12 Feb 2018 at 05:42hrs | 2 | by Staff reporter
Mpilo Central Hospital needs $5m annually
MPILO Central Hospital needs at least $5m annually to offer better services, the Chief Executive Officer (CEO), Mr Leonard Mabandi has said.The hospital caters for Bulawayo and a referral cent...Published: 25 Dec 2017 at 07:16hrs | | by Staff Reporter
Chinamasa makes sweeping changes
FINANCE minister Patrick Chinamasa has introduced a raft of cost-cutting measures, among them a drastic reduction in government travel, other luxuries and fired over 3 000 national youth service gradu...Published: 08 Dec 2017 at 05:12hrs | | by Staff reporter
Matrons, nurses call off strike
Chitungwiza Central Hospital's striking matrons and nurses resumed work on Tuesday after meeting with management to resolve an impasse following a picket over the shortage of resources. Nursing staff ...Published: 08 Dec 2017 at 05:06hrs | 3 | by Staff reporter
MPs to start receiving outstanding sitting allowances
MEMBERS of Parliament will start receiving part of their outstanding sitting allowances this week after Treasury released $4 million to cater for their welfare.The release of the money follows...Published: 13 Nov 2017 at 05:33hrs | | by Staff reporter
'Kill the vices of procrastination'
We publish the opening remarks by Speaker of The National Assembly Advocate Jacob Mudenda last week at the Pre-Budget Seminar in Victoria Falls. The seminar ends today.Let me start by extendin...Published: 12 Nov 2017 at 07:36hrs | 1 | by Advocate Jacob Mudenda
The People's Democratic Party- General Council Resolutions 29 September 2017
Resolutions We, the People's Democratic Party (PDP) General Council seating in HARARE on this the 29th of September 2017.Concerned by the deepening suffering of the o...Published: 29 Sep 2017 at 20:55hrs | | by PDP
Read books of basic economics, Bimha's investigation of denial won't help
ZANU-PF's failure to take responsibility of the current crisis will only serve to worsen the situation. In an attempt to shift the blame to externals a misdiagnosis of the situation is bound to happen...Published: 27 Sep 2017 at 11:00hrs | 7 | by Jacob Mafume, PDP Spokesperson
Mugabe shame ZRP over its ubiquitous roadblocks
President Robert Mugabe yesterday endeared himself to thousands of mourners at the National Heroes Acre and millions of viewers at home, when he shamed the Zimbabwe Republic Police (ZRP) over its ubiq...Published: 27 Aug 2017 at 14:12hrs | | by Staff reporter
Mugabe's sons to relocate back to Zimbabwe for security reasons
The Mugabe family have dramatically expanded their property empire in the Mazowe area by giving themselves a billion dollars of government money to build a new university there to be called the Robert...Published: 14 Aug 2017 at 13:55hrs | 2 | by Zim Vigil
Zimbabwe bus manufacturer on verge of major breakthrough
Bus manufacturer AVM Africa is on the verge of clinching a US$100 million deal with BAIC Automotive Group of China in a development that could create thousands of jobs after Government banned importat...Published: 09 Jul 2017 at 07:27hrs | 14 | by Staff reporter
Roadblocks rake in $14 million in 6 months
In a stunning development, the Zimbabwe Republic Police collected $14 million from its unpopular roadblocks and arrested more than one million traffic offenders in the first six months of this year, d...Published: 05 Jul 2017 at 07:16hrs | | by Staff reporter
'Mugabe's govt causing cash crisis'
Zimbabwe's government is responsible for the current cash crisis due to its high level expenditure and the widening budget deficit, economist Ashok Chakravarti has said.The veteran economist s...Published: 04 Jul 2017 at 16:33hrs | 3 | by Staff reporter
ZRP roadblocks rake in $60 million
THE Zimbabwe Republic Police (ZRP) expects to collect nearly US$60 million from traffic fines this year, nearly double last year's projection, according to Parliament's budget oversight office....Published: 15 Jun 2017 at 07:13hrs | | by Staff reporter
Finally the IMF gets it right: ZANU cannot run an economy
On the 15th of May 2017 the IMF released a statement summarising their preliminary findings after an Article IV staff team visit to Zimbabwe.The findings published by the IMF, for once confirm...Published: 17 May 2017 at 16:52hrs | 1 | by Jacob Mafume, PDP Spokesperson
Bakers mull bread price increase
BAKERS have hinted on an increase in the price of bread and other flour products following a rise in the price of bread flour by between 10 and 25 percent as a result of nostro liquidity chall...Published: 24 Apr 2017 at 06:33hrs | | by Staff reporter
Mugabe in desperate move to raise bonuses
Hard-pressed President Robert Mugabe's government is issuing Treasury Bills (TBs) in a desperate move to raise money to pay restive civil servants' 2016 bonuses, Finance minister Patrick Chinamasa...Published: 11 Apr 2017 at 11:54hrs | 1 | by Staff reporter
Zanu-PF cash crisis myths
The People's Democratic Party is irked by Zanu-PF's unrepentant denial of the fact that they are the creators of the current cash crisis.We believe the biggest job in providing any solution st...Published: 11 Apr 2017 at 08:00hrs | | by Jacob Mafume
Chinamonics tax imposition evil
The People's Democratic Party is irked by Patrick Chinamasa's unrepentant promulgation of anti-people policies. In another shocking but typical Chinamasa style, he has decided to impose additional tax...Published: 29 Mar 2017 at 16:10hrs | 1 | by Jacob Mafume, PDP Spokesperson
Recalled Gordhan flying back to SA tonight
Finance Minister Pravin Gordhan will comply with President Jacob Zuma's order and return to South Africa on Monday evening.That is according to Treasury spokesperson Yolisa Tyantsi, who to...Published: 27 Mar 2017 at 14:58hrs | | by Staff reporter
A command economy will not work - PDP
The People's Democratic Party is irked by the threats to introduce command economics by ZANUPF, we view the move as ill informed, ignorant and bound to fail.Mnangangwa recently told a gatherin...Published: 14 Mar 2017 at 12:00hrs | | by Jacob Mafume
Chinamasa's propaganda can't resuscitate the Zimbabwean economy
Back in the days when the Soviet Union was still a communist empire, its flagship broadsheet newspaper was called Pravda, or "Truth".But all and sundry knew it was a supplier of lies....Published: 11 Mar 2017 at 12:35hrs | 1 | by Gift Phiri
Mugabes a first family from hell
The People's Democratic Party is outraged by the irresponsibility displayed by President Mugabe who hired a luxury flight at the cost of US1 million dollars at a time where the country is facing serio...Published: 10 Mar 2017 at 16:04hrs | | by Jacob Mafume, PDP Spokesperson
Patrick's Chinamonics the worst in Africa
The People's Democratic is concerned by Chinamasa's relentless churning of toxic treasury bills, in a bid to settle arrears owed to NSSA the clueless minister has issued another treasury bill amountin...Published: 07 Mar 2017 at 12:01hrs | | by Jacob Mafume, PDP National Spokesperson
Hike spot fees, says Chihuri
Government must steeply hike spot fines to make them more punitive to stem road crime and carnage, police commissioner-general Augustine Chihuri said yesterday.The police chief told the parlia...Published: 24 Feb 2017 at 06:06hrs | | by Staff reporter
Retrench civil servants, parliament says
THE Parliamentary Portfolio Committee on Finance and Economic Development has recommended that government carry out a restructuring of the civil service and reduce the wage bill to 70% of the budget w...Published: 17 Feb 2017 at 08:45hrs | | by Staff Reporter
Challenges of Local Governance In Zimbabwe
Local governance is a crucial facet and tier of governance in any country and as such sufficient investment has to be made into this level to ensure sustainable development, sound service delivery and...Published: 14 Feb 2017 at 10:24hrs | 1 | by Dumisani O Nkomo
Outcry over basic goods price hikes
THE recent increase in the prices of basic commodities in Zimbabwe has irked consumers who feel the move will wipe away their meagre incomes and raise the cost of living.The last few weeks...Published: 07 Feb 2017 at 05:23hrs | | by Staff reporter
Council resolves to buy Hillside mayoral house
THE Bulawayo City Council (BCC) wants to buy a house for the mayor in the leafy suburb of Hillside, a move city fathers claim received Cabinet approval in 1997 but had stalled due to lack of funds...Published: 02 Feb 2017 at 05:51hrs | | by Staff reporter
Chinamasa admits to $10 million error in 2017 budget allocations
THE Government will review Treasury's 50 percent reduction of budgetary allocation to State universities in 2017, Finance and Economic Development Minister Patrick Chinamasa has said.He sa...Published: 02 Feb 2017 at 05:48hrs | | by Statf reporter
Bulawayo to spash $120 000 on mayoral house
BULAWAYO City Council has revived more than a decade old idea of constructing a mayoral house and funds will be set aside during the 2018 city budget, Bulawayo24.com can reveal.The curre...Published: 01 Feb 2017 at 14:45hrs | | by Mary Charamba
Police fail to pay 500 recruits
The Zimbabwe Republic Police (ZRP) has been failing to pay more than 500 recruits since June last year, Parliament has been told.Parliament's Home Affairs and Security Service portfolio commit...Published: 01 Feb 2017 at 14:01hrs | | by Staff reporter
Mugabe must stay at home, do his job
For almost two months, Zimbabwe has been at a standstill because President Robert Mugabe was on holiday with his family, shuttling between Dubai and China.As has become the norm, governmen...Published: 29 Jan 2017 at 09:41hrs | 2 | by The Standard Editor
Plumtree introduces CBD parking fees
PLUMTREE Town Council is set to introduce parking fees in the border town's Central Business District (CBD) starting in February 1.In an interview acting Town Secretary, Mr Elvis Maphosa s...Published: 23 Jan 2017 at 06:11hrs | 3 | by Staff reporter
Mugabe's govt broke, fails to implement its 2013 election promises
A political analyst Rejoice Ngwenya has said that President Robert Mugabe's government is too broke and has failed to implement its election promises of 2013."One of Zanu.PF’s most ridiculou...Published: 18 Jan 2017 at 04:01hrs | | by Stephen Jakes
Zimbabwe to introduce 15% VAT on rice
THE grain milling industry has written to Government proposing that it reverses the 15 percent value added tax (VAT) on rice, which was announced in the 2017 national budget statement.Grai...Published: 10 Jan 2017 at 06:01hrs | | by Staff reporter
Government approve Bulawayo budget in record time
Local Government, Public Works and National Housing ministry has pulled a surprise by speedily approving Bulawayo City Council 2017 budget well on time.The budget was given a nod on 16 D...Published: 03 Jan 2017 at 14:46hrs | | by Alice Dube
Land barons splash cash
Masvingo's land barons are splashing cash on the trendiest cars and constructing state of the art houses while the City Council which is supposed to earn revenue from disposed State land has not been ...Published: 30 Dec 2016 at 05:23hrs | | by Staff Reporter
Chinamasa's 2017 National Budget a mere wishlst- Tapiwa Mashakada
MDC-T Secretary for Finance and Economic Affairs Tapiwa Mashakada has described Finance Minister Patrick Chinamasa's 2017 budget as a mere wishlist far from being achieved as the government coff...Published: 23 Dec 2016 at 03:44hrs | | by Stephen Jakes
Harare council engages Govt over water tariff
Harare City Council has engaged Government to review water tariffs to avoid selling the commodity below production cost. Acting town clerk Josephine Ncube recently told the Finance and Develop...Published: 22 Dec 2016 at 13:25hrs | | by Staff Reporter
1000 residential stands to be rolled out in Chipinge
1000 residential stands are set to be rolled out by the Chipinge Rural District Council (RDC) as part of the local authority's contribution to the National Housing Delivery Programme with the authorit...Published: 21 Dec 2016 at 19:47hrs | | by Staff Reporter
Government stalling NUST completion, ex-VC
The National University of Science and Technology (NUST) in Bulawayo only has seven complete buildings a key sign of being over looked by government, former vice chancellor Phineas Makhurane...Published: 20 Dec 2016 at 04:52hrs | 1 | by Staff Reporter
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