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Mthuli Ncube sweats over funding
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...Published: 21 Sep 2018 at 14:46hrs | 7024 | by Staff reporter
IMF offers to help Zimbabwe clear arrears
THE International Monetary Fund (IMF) yesterday said it was ready to help Zimbabwe craft a debt clearance strategy anchored on fundamental economic reforms. This comes after outgoing British A...Published: 21 Sep 2018 at 06:34hrs | 1024 | by Staff reporter
Forex crisis vexes Mnangagwa
AROUND mid-day on Tuesday, a decorated procession blasted off State House, its lash green lawns and flowering jacaranda trees complimenting to give breathtaking scenery.It was a long processio...Published: 20 Sep 2018 at 18:56hrs | 5069 | by Staff reporter
What does investment look like on the ground in Zimbabwe?
LAST week I was at the African Studies Association of the UK (ASA) conference in Birmingham. I was co-hosting, with my colleague Jeremy Lind (whose earlier blog this one draws from), a fantastic strea...Published: 18 Sep 2018 at 06:31hrs | 355 | by Ian Scoones
Economic war cabinet
After the noise and deliberate anti-development scheme by the opposition President Mnangagwa has appointed a new well balanced and surprising Cabinet. The nation is very anxious for change and the anx...Published: 15 Sep 2018 at 06:44hrs | 701 | by Dr Masimba Mavaza
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 13056 | by Staff reporter
Mnangagwa's new cabinet an average team
THE cabinet appointed by President Emmerson Mnangagwa last week dubbed the "dream team" by government publicists, though a marked improvement from previous ones, has shortcomings as it features minist...Published: 14 Sep 2018 at 16:23hrs | 1576 | by Staff reporter
Mnangagwa has changed Zanu-PF into a fresh new-look organisation
Political analysts say President Emmerson Mnangagwa's new Cabinet - in which he dumped both friends and foes alike on Friday last week - demonstrates that he is determined to reset the government's co...Published: 12 Sep 2018 at 20:01hrs | 5115 | by Staff reporter
Daunting task awaits Mnangagwa's new Cabinet
WITH Zimbabwe in serious economic woes, announcement of the new Cabinet was obviously a keenly awaited event. Tongues had for some time been wagging, posturing on a number of possibilities, ranging fr...Published: 12 Sep 2018 at 07:43hrs | 1038 | by Cyprian M Ndawana
'RBZ should complement Mthuli Ncube'
Analysts yesterday called on Reserve Bank of Zimbabwe governor John Mangudya and his team to work in tandem with new Finance and Economic Development minister Mthuli Ncube efforts to help arrest econo...Published: 12 Sep 2018 at 07:35hrs | 1973 | by Staff reporter
Financial illiteracy is our biggest enemy in Zimbabwe
I found a very interesting letter in one of my old books that I last read in 2004. It is a letter that I received from Barclays Bank (Zimbabwe), offering me a Z$1 million overdraft facility. Three yea...Published: 12 Sep 2018 at 06:47hrs | 265 | by Hopewell Chin'ono
Mthuli Ncube has a cash crisis plan
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube says government expects to announce a plan to tackle the on-going currency crisis by month-end and confirmed that he expects to r...Published: 11 Sep 2018 at 13:43hrs | 6316 | by Staff reporter
Zimbabwe's new Cabinet: A patronage, merit alchemy?
ZIMBABWEAN President Emmerson Mnangagwa, following a disputed narrow victory in July which had to be validated by the Constitutional Court in August, appointed a new Cabinet on Friday, September 7....Published: 11 Sep 2018 at 13:38hrs | 1590 | by Washington Katema
Building an effective public service in Zimbabwe
PUBLIC financial resources ought to be managed with integrity, transparency and accountability, all for efficient and effective service delivery, sustainable economic growth and development.Ab...Published: 11 Sep 2018 at 07:12hrs | 755 | by Mthuli Ncube
Zimbabwe seeks return to dollar as new govt sworn in
Zimbabwe's newly sworn-in finance minister on Monday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in a bid to revive the battered economy....Published: 10 Sep 2018 at 16:27hrs | 4694 | by AFP
Mthuli Ncube gets whole of Zimbabwe talking
AT last, the long-awaited Cabinet is here. And it's full of shocks and surprises, with heavyweights falling by the wayside and lightweights making it to the much leaner list of President Emmerson Mnan...Published: 10 Sep 2018 at 06:49hrs | 1828 | by Editorial - newsday
Mnangagwa's new Cabinet raises Zimbabwe hopes
President Emmerson Mnangagwa's new Cabinet has raised fresh hopes among long-suffering Zimbabweans that his administration could finally end the misery and despondency that characterised life under fo...Published: 09 Sep 2018 at 17:19hrs | 5848 | by Staff reporter
All eyes on Mnangagwa's Cabinet
President Emmerson Mnangagwa's new Cabinet has been well-received after his bold decision to bring in technocrats who are not necessarily politicians and the more to drop deadwood.Zimbabweans ...Published: 09 Sep 2018 at 08:51hrs | 1281 | by Editorial - The Standard
Byo gets $7 million water boost
BULAWAYO City Council has received $7 million from the African Development Bank and the Government for the refurbishment of Ncema and Fernhill waterworks in a bid to increase water pumping capacity in...Published: 09 Sep 2018 at 08:12hrs | 765 | by Staff Reporter
New ministers to make tough decisions
Newly appointed Cabinet ministers, who will be sworn in tomorrow, believe President Emmerson Mnangagwa's vision of creating a middle-income economy by 2030 is attainable, and tough decisions will have...Published: 09 Sep 2018 at 08:09hrs | 344 | by Staff reporter
Business endorses Mthuli Ncube
ZIMBABWE'S business executives have endorsed Professor Mthuli Ncube's Friday appointment as Finance Minister with some hoping he leveraged from his education and vast experience in world business to e...Published: 08 Sep 2018 at 11:17hrs | 2848 | by Staff reporter
Mnangagwa appoints technocrats in new Cabinet
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 08:28hrs | 1524 | by Staff reporter
Value for money, public financial resource management and effective public service delivery in Zimbabwe
Public financial resources ought to be managed with integrity, transparency and accountability, all for efficient and effective service delivery, sustainable economic growth and development.Above all ...Published: 08 Sep 2018 at 08:25hrs | 1215 | by Prof Mthuli Ncube, Finance Minister of Zimbabwe
Mnangagwa's new Cabinet has potential to turn around the economy
Our people rarely agree politically but they appear to have over the figures that President Mnangagwa appointed into his Cabinet yesterday. He brought in new faces and a few surprises, youths, added m...Published: 08 Sep 2018 at 08:21hrs | 538 | by Staff reporter
Mnangagwa in Cabinet shocker
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 07:14hrs | 2783 | by Staff Reporter
New Mnangagwa Cabinet gets thumbs up
President Mnangagwa's new Cabinet is a refreshing start to the Second Republic as it blends young brains with seasoned technocrats with capacity to revive the economy, analysts said yesterday....Published: 08 Sep 2018 at 06:47hrs | 1291 | by Staff Repotrter
Know your Minister of Finance Prof Mthuli Ncube
Professor Mthuli Ncube is currently Managing Director and Head of Quantum Global Research Lab (Switzerland), part of Quantum Global Group, the largest Private Equity group dedicated to investing in Af...Published: 07 Sep 2018 at 19:14hrs | 12172 | by Staff Reporter
Mnangagwa seeks to revive Chinese mega deals
PRESIDENT Emmerson Mnangagwa says he will pursue mega deals with China during his visit to the Asian country.The southern African nation, still battling to shake off a hangover from a decade-l...Published: 06 Sep 2018 at 15:40hrs | 1856 | by Staff reporter
'Africa is the place to be,' African Development Bank President tells China
The President of the African Development Bank, Akinwumi Adesina, has urged Chinese business leaders to attend the Africa Investment Forum scheduled to take place in Johannesburg, South Africa, from 7-...Published: 06 Sep 2018 at 07:29hrs | 790 | by Staff Reporter
A Zimbabwe National Venture Capital fund, industry and youth entrepreneurship
Zimbabwe is on the brink of a new era of innovation and economic activity. Our government's greatest task will be to promote small and medium-sized enterprises and to unlock the creativity and product...Published: 03 Sep 2018 at 08:29hrs | 1096 | by Prof Mthuli Ncube
Mthuli Ncube wants bond notes scrapped
RENOWNED financial, economic and investment expert, Professor Mthuli Ncube, has advised Treasury to scrap bond notes and revert to use of the United States dollar in the meantime while working towards...Published: 03 Sep 2018 at 06:16hrs | 4040 | by Staff reporter
Mthuli Ncube to replace Chinamasa at finance?
GLOBALLY respected economist and public policy expert, Professor Mthuli Ncube, is thought to be in the frame as President Emmerson Mnangagwa's puts together his cabinet after the bitterly disputed Jul...Published: 01 Sep 2018 at 09:36hrs | 8526 | by Staff reporter
Prof. Mthuli Ncube: How to kick start Zimbabwe's economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth ove...Published: 30 Aug 2018 at 22:05hrs | 6246 | by Professor Mthuli Ncube
Unlocking Zimbabwe's tourism potential
There must be no doubt in anyone's mind that tourism continues to be one of the fastest-growing and most dynamic sectors in Africa and this must therefore necessarily include Zimbabwe. Tourism has the...Published: 29 Aug 2018 at 14:35hrs | 364 | by Vince Musewe
Mnangagwa to appoint a young, dynamic and small Cabinet?
Jostling for Cabinet posts has reached fever pitch, as pressure mounts on President Emmerson Mnangagwa to appoint a young, dynamic and small Cabinet capable of breathing fresh life into the country's ...Published: 29 Aug 2018 at 07:14hrs | 3811 | by Staff reporter
Zimbabwe plans to clear debt arrears in six months
ZIMBABWE is planning to settle its debt arrears with multilateral institutions in the next six months, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said.The southern African count...Published: 24 Aug 2018 at 06:05hrs | 2939 | by Staff reporter
Who is Professor Mthuli Ncube?
PROFESSOR Mthuli NCUBE is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial in...Published: 21 Aug 2018 at 17:51hrs | 9444 | by Agencies
US sanctions on Zimbabwe - truths, history and lies
A new regime of US sanctions has just been signed into law, opening a fresh front in the increasingly polarised political debate in Zimbabwe.Critics say they hurt the economy, while supporters...Published: 20 Aug 2018 at 19:01hrs | 5646 | by newsZWire
Zimbabwe to continue engaging US on sanctions
Zimbabwe will continue to re-engage the United States of America despite the regrettable signing into law of the amended Zimbabwe Democracy and Economic Recovery Amendment Act (ZIDERA), Foreign Affair...Published: 13 Aug 2018 at 06:39hrs | 133 | by Staff reporter
Divided nation, broken economy face Zimbabwe's new leader
President Emmerson Mnangagwa's tenure as Zimbabwe's newly-elected president got off to a rocky start.President-elect Emmerson MnangagwaHe narrowly secured a five-year term in an election marre...Published: 07 Aug 2018 at 07:35hrs | 511 | by Bloomberg
World Bank backs Mnangagwa vision
Zimbabwe is poised to become an upper middle-income economy within a decade, according to the World Bank's vice-president for Africa.President-elect Emmerson Mnangagwa has outlined a vision to...Published: 05 Aug 2018 at 09:43hrs | 720 | by Bloomberg
Zimbabwe underestimating its GDP
Zimbabwe's gross domestic product (GDP) reached $17, 85 billion last year, which is an all-time high, according to industry and commerce experts TradingEconomics.comZimbabwe's GDP averaged $6,...Published: 29 Jul 2018 at 10:10hrs | 322 | by Staff reporter
AfDB signs agreements with Zimbabwe firms
The African Development Bank (AfDB) has signed two non-disclosure agreements with Zimbabwean companies,which pave the way for the sharing of information amid optimism the bank would disburse funding t...Published: 15 Jul 2018 at 17:03hrs | 202 | by Staff reporter
Mnangagwa's ambitious roads projects on course
President Emmerson Mnangagwa's audacious plans to construct and rehabilitate the country's road infrastructure to try and kick-start Zimbabwe's sputtering economy is on course, The Financial Gazette h...Published: 09 Jul 2018 at 15:38hrs | 3867 | by Staff reporter
The construction industry - a key partner in the economic integration
The world recently witnessed the signing of the biggest free trade area by Heads of African Governments in Kigali. Signed in March this year, the African Continental Free Trade Area (AfCFTA) is the la...Published: 09 Jul 2018 at 13:49hrs | 253 | by Mokate Ramafoko
The construction industry - a key partner in the economic integration of the continent envisaged by the AfCFTA
The world recently witnessed the signing of the biggest free trade area by Heads of African Governments in Kigali. Signed in March this year, the African Continental Free Trade Area (AfCFTA) is the la...Published: 06 Jul 2018 at 18:22hrs | 372 | by Mokate Ramafoko, PPC Managing Director: International Operations
Mnangagwa open to domestic capital
PRESIDENT Emmerson Mnangagwa says his government is committed to attracting and promoting domestic capital the same way it is promoting foreign direct investment. This was after several econom...Published: 05 Jul 2018 at 10:50hrs | 974 | by Staff reporter
Currency reforms to address shortages
Zimbabwe's currency reforms will include measures to bring harmony between money in banks or Rapid Transfer Gross Settlement (RTGS) balances and foreign currency resources on the market, Reserve Bank ...Published: 01 Jul 2018 at 08:09hrs | 950 | by Staff reporter
Mnangagwa delivers 60 000 jobs?
Zimbabwe's employment level has firmed over the last six months with more than 60 000 jobs created in various sectors, as the economy continues to stabilise under President Emmerson Mnangagwa's admini...Published: 01 Jul 2018 at 07:57hrs | 677 | by Staff reporter
Zimbabwe told to prioritise domestic capital
ZIMBABWE should seriously consider boosting its economy by placing more emphasis on domestic capital over foreign investment through attractive investment packages and other incentives, analysts say....Published: 28 Jun 2018 at 09:52hrs | 594 | by Staff reporter
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