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Parliament to debate Mid-Term Budget Review statement

The debate on the Mid-Term Budget Review presented by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is expected to commence today as Parliament resumes sitting following the Heroes Day and Defence…

Published: 19 Aug 2025 at 19:07hrs | | by Staff reporter

FBC sees cautious recovery in Zimbabwe

Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions could slow domestic demand and private sec…

Published: 05 Aug 2025 at 14:38hrs | | by Staff reporter

Mnangagwa's office blows 81% of budget in 6 months

President Emmerson Mnangagwa's Office had already spent 81 percent of its 2025 budget by the halfway mark of the year, while the Ministry of Transport and Infrastructural Development exceeded its full-year allocation, spending 116 percent …

Published: 05 Aug 2025 at 12:19hrs | | by Staff reporter

Zimbabwe raises US$25.4 million from sugar tax

Zimbabwe has raised ZiG685.8 million, equivalent to approximately US$25.4 million, from the sugar content tax between January and May 2025, with the funds earmarked for the procurement of critical cancer treatment equipment and medication.…

Published: 03 Aug 2025 at 18:56hrs | | by Staff reporter

Economists slam Mthuli Ncube's budget

Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimbabwe's persistent economic challenges. …

Published: 03 Aug 2025 at 09:59hrs | 255 | by Staff reporter

Mthuli Ncube commits to easing business costs

Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery while unveiling measures to ease the cost o…

Published: 01 Aug 2025 at 08:43hrs | | by Staff reporter

Mthuli Ncube declares surplus despite only 35% of budget spent

Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Budget had been spent by mid-year.Present…

Published: 31 Jul 2025 at 15:46hrs | | by Staff reporter

Call for budget for cancer control in Zimbabwe

Health stakeholders have called on the Zimbabwean government to urgently develop a clear budget and implement a coordinated response to support the newly launched National Cancer Control Plan (NCCP) 2025â€“2030, warning that without proper…

Published: 28 Jul 2025 at 08:48hrs | | by Staff reporter

Mudenda calls for pro-poor budgeting to promote equity

Speaker of Parliament Jacob Mudenda has challenged legislators to ensure that public resources are equitably channelled towards programmes aimed at improving the livelihoods of citizens, emphasising the need for robust and critical analysi…

Published: 14 Jul 2025 at 15:57hrs | 167 | by Staff reporter

BCC starts 2025 budget review consultations

The Bulawayo City Council (BCC) has begun its 2025 budget review consultations with residents and stakeholders, with calls growing louder for the local authority to take community input seriously in shaping service delivery priorities.The …

Published: 10 Jul 2025 at 10:09hrs | | by Staff reporter

South Africa's GNU at risk after parliament backs budget

South Africa's parliament approved a key piece of budget legislation despite objections from the second-biggest party in the coalition government, raising the risk of the alliance unravelling.The National Assembly approved the fiscal frame…

Published: 03 Apr 2025 at 07:57hrs | | by Staff reported

Zimbabwe's Health ministry in budget quandary

The Ministry of Health and Child Care has called for a supplementary budget to mitigate the impact of the withdrawal of United States funding, particularly towards HIV and Aids programmes. The funding cut, which affected crucial health ini…

Published: 27 Mar 2025 at 06:18hrs | 257 | by Staff reporter

Critical evaluation of the South Africa's 2025 Budget effect on the property market

The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing pressures, and economic headwinds. Whi…

Published: 14 Mar 2025 at 06:43hrs | | by Dr Bekithemba Mpofu

Zimbabwe Parliament resumes sitting

Parliament of Zimbabwe officially resumes sitting today after nearly two months of recess, with a significant legislative workload awaiting legislators. The two houses had adjourned in December last year following the passing of the 2025 n…

Published: 11 Feb 2025 at 06:39hrs | 245 | by Staff reporter

CCC, Zanu-PF MPs pass Mthuli Ncube's budget

The 2025 National Budget, designed to drive economic growth, enhance social protection, and build resilience, was passed by Parliament last Thursday after intensive debate that stretched into the early hours of the morning.Finance, Economi…

Published: 23 Dec 2024 at 05:41hrs | | by Staff reporter

Mthuli Ncube's 2025 Budget to increase cost of doing business

Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already challenging operating environment.The budget…

Published: 20 Dec 2024 at 11:12hrs | | by Staff reporter

Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe

Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's money to the last cent to fund the honchos lavish…

Published: 30 Nov 2024 at 13:28hrs | | by Willias Madzimure

CCC veteran slams Mthuli Ncube's 2025 budget as 'anti-people'

Veteran opposition official and Member of Parliament for the Citizens Coalition for Change (CCC), Willias Madzimure, has strongly condemned the government's 2025 national budget, accusing it of extortionate taxation aimed at funding the ex…

Published: 30 Nov 2024 at 13:26hrs | | by Staff reporter

Parliament apologises to Mnangagwa after budget speech power disruption

Zimbabwe's Parliament has issued an official apology to President Emmerson Mnangagwa and the nation after an embarrassing power outage occurred at the New Parliament Building during Finance Minister Mthuli Ncube's 2025 national budget pres…

Published: 30 Nov 2024 at 13:08hrs | 144 | by Staff reporter

2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual

THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emasculation by a rigged exchange rate, ext…

Published: 29 Nov 2024 at 18:47hrs | | by Tendai Biti

Mthuli Ncube squeezes taxpayers

Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measures, set to take effect from January 1, 2…

Published: 29 Nov 2024 at 07:16hrs | | by Staff reporter

Parliament plunges into darkness during Mthuli Ncube's national budget speech

Electricity went off plunging parliament into darkness as finance minister Mthuli Ncube was concluding his 2025 national budget speech on Thursday.President Emmerson Mnangagwa was escorted out of the building in Mt Hampden as parliament's …

Published: 28 Nov 2024 at 15:40hrs | 284 | by Staff reporter

Mthuli Ncube's budget puts ZANU PF's strongholds at risk as VAT requirement threatens rural-owned businesses

In a move that is set to have significant repercussions in Zimbabwe's political landscape, Finance Minister Mthuli Ncube's new budget has introduced a requirement that manufacturers only supply goods to entities registered for Value Added …

Published: 07 Dec 2023 at 13:49hrs | | by Andile Ncube

Biti rips into Ncube's 'disastrous' budget

FORMER Finance minister Tendai Biti has described the 2024 budget as a disaster amid concerns that the proposed raft of taxes will deepen Zimbabwe's poverty levels and worsen the economic challenges.Finance minister Mthuli Ncube presented …

Published: 03 Dec 2023 at 17:33hrs | 16 | by Staff reporter

Mnangagwa warns businesses, miners over corruption

PRESIDENT Emmerson Mnangagwa yesterday warned business, industry and the mining sector against engaging in corruption saying his government would apply the law without "fear or favour".Mnangagwa said this while officially commissioning the…

Published: 30 Nov 2023 at 06:57hrs | | by Staff reporter

Mthuli Ncube's budget dilemma

DON'T tell me what you value, show me your budget and I'll tell you what you value:" Joe Biden.Ordinarily, Finance minister Mthuli Ncube should have presented the ZWL$47,8 trillion 2024 national budget on Thursday this week.This budget is …

Published: 25 Nov 2023 at 07:59hrs | 14 | by Paidamoyo Muzulu

Debt financing to fund 2023 budget

Finance minister Mthuli Ncube says debt financing will be used to fund the $4,5 trillion 2023 national budget, raising concerns about money supply growth.Treasury expects $3,9 trillion in revenue supported by increased value-added and fore…

Published: 04 Dec 2022 at 08:11hrs | | by Staff reporter

Key priority projects allocated $1,1 trillion

Key infrastructure projects such as the Harare-Beitbridge highway upgrade and construction of Lake Gwayi-Shangani, have been allocated $1,1 trillion as the Government moves to accelerate their completion and drive sustainable economic grow…

Published: 25 Nov 2022 at 05:04hrs | 3 | by Staff reporter

Bulawayo residents force council to shelve rates increase in 2023 budget

The City of Bulawayo is proposing a US$158 million budget for 2023 â€“ the same as this year's budget.Isaac Matare from the council's finance department said Monday that they had decided to stick to last year's budget as residents had indi…

Published: 25 Oct 2022 at 07:56hrs | 2 | by Staff reporter

Chiwenga says inflated prices delaying budget disbursement

VICE-PRESIDENT and Health minister Constantino Chiwenga says some government departments are overpricing goods and services, a situation that has resulted in delayed disbursement of funds to line ministries.Chiwenga gave an example where a…

Published: 22 Oct 2022 at 05:42hrs | | by Staff reporter

Teachers demand 20% budget allocation

TEACHERS want Finance minister Mthuli Ncube to allocate 20% of the 2023 national budget to the education sector, which they said is in shambles.In their 2023 pre-budget position paper to Parliament, teachers said the 13% allocated to the e…

Published: 06 Oct 2022 at 06:04hrs | 1 | by Staff reporter

How to effectively set realistic goals for 2022

With the pandemic still in full swing, 2021 has been a tough year for many. Some have struggled with slow business, loss of employment, renewed lockdowns and not being able to see family and friends. So, it's no wonder that many of us are …

Published: 21 Dec 2021 at 19:41hrs | | by Staff Writer

Adequately fund health sector: MPs

LEGISLATORS have called on Treasury to adequately fund the health sector which has for decades been heavily dependent on development partners.This comes after Finance minister Mthuli Ncube (pictured) presented a ZW$927 billion budget for t…

Published: 12 Dec 2021 at 20:18hrs | 9 | by Staff reporter

Parly to fast-track Budget debate

The National Assembly has agreed to fast-track debate on the $927 billion 2022 National Budget which was presented by Finance and Economic Development Minister Professor Mthuli Ncube last month to ensure that it sails at the earliest possi…

Published: 12 Dec 2021 at 19:50hrs | 10 | by Staff reporter

Mistakes to avoid when planning your wedding

When you are planning your wedding, you need to make sure that you are getting everything right. This can be difficult to do if you have never planned a wedding before but that doesn't mean that it is impossible. Planning a wedding can be …

Published: 31 Dec 2020 at 01:36hrs | | by Staff Writer

MPs slate Mthuli Ncube's national budget

PARLIAMENT has poked holes into Finance minister Mthuli Ncube's 2021 budget allocation for the Primary and Secondary Education ministry after he allocated $55 billion towards education, 73% of which will be gobbled by employment costs. Cha…

Published: 14 Dec 2020 at 07:14hrs | 4 | by Staff reporter

Mthuli's 'fantasy' budget: Here's how it will affect you

THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a â€˜fantasy world,' according to academic, Professor Austin Chakaodza."Some of the major challenges facing our society are …

Published: 28 Nov 2020 at 07:12hrs | 2 | by Staff reporter

Budget tinkering will not solve Zimbabwe crisis

In an economy with inflation nearing 200% a year, budget figures come with severe health warnings as Finance Minister Mthuli Ncube can attest. His presentation on August 1 was his third in nine months with two major revisions â€” the first…

Published: 05 Aug 2019 at 07:42hrs | 1 | by The Source

LIVE: Mthuli Ncube's Mid-term fiscal review

FINANCE minister Mthuli Ncube is now presenting his mid-term fiscal review statement and supplementary budget.Zimbabwe is facing a downturn in economic fortunes with inflation zooming to 175,66 percent in June. Prices of basic goods and se…

Published: 01 Aug 2019 at 14:31hrs | | by Staff reporter

Biti is a clever lawyer - but no match for Mthuli in the economic sphere

AFTER weeks of conjecture we had the first budget of the new government on Thursday. Finance minister Mthuli Ncube was not thrown by the chaos that resulted when the MDC members refused to respect the State President and were evicted from …

Published: 26 Nov 2018 at 06:20hrs | 1 | by Eddie Cross

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 the advice of banks and industry, he sepa…

Published: 26 Nov 2018 at 06:08hrs | 4 | by NewZWire

The budget by Mthuli Ncube is not pro-poor

Listening to the budget by Mthuli Ncube I find it not for us the poor. It doesn't address the bread and butter issues needed by most people. The issue of prices has not been articulated to my expectations as a Poorman. I expected that he w…

Published: 24 Nov 2018 at 18:44hrs | 1 | by Henry Madiro

LIVE: Mthuli Ncube 2019 National budget presentation

Finance and Economic Development Minister Professor Mthuli Ncube will be presenting the 2019 National Budget this afternoon at Parliament Building in Harare.We bring you live updates from parliament.

Published: 22 Nov 2018 at 15:03hrs | | by Staff reporter

Budget should address economic fundamentals, Mthuli Ncube urged

REPRESENTATIVES from various sectors of business have challenged Finance minister Mthuli Ncube to address critical issues such as the budget deficit and currency reforms when he presents the 2019 National Budget later this month.Mthuli wil…

Published: 10 Nov 2018 at 11:03hrs | 1 | by Staff reporter

Parliament must influence content of the 2019 budget

Finance and Economic Development minister Mthuli Ncube will present his maiden National Budget to Parliament towards the end of November.Parliamentary portfolio committees have been conducting hearings to receive public input into the prep…

Published: 26 Oct 2018 at 07:16hrs | | by John Makamure

On Zimbabwe and the first post-Mugabe budget

Zimbabwe's Minister of Finance and Economic Development, Patrick Chinamasa, presented the first post-Mugabe era budget on 7 December 2017. The budget has received excellent reviews as has the two speeches by President Emmerson Mnangagwa - …

Published: 17 Dec 2017 at 07:42hrs | | by Alfred Mthimkhulu PhD

Chinamasa under fire

Finance minister Patrick Chinamasa has been critisised for failing to prioritise the funding of health in the 2018 budget as the Health and Child Care ministry's vote was dwarfed by that of Defence and other ministries.Although the allocat…

Published: 10 Dec 2017 at 06:08hrs | 5 | by Staff reporter

Chinamasa's fine balancing act

ZIMBABWEANS wait with bated breath for Finance Minister Patrick Chinamasa's 2018 National Budget Statement, which he is expected to present this afternoon; outlining macro-economic and fiscal objectives, targets and other projections, taki…

Published: 07 Dec 2017 at 05:28hrs | | by Clive Mphambela

Matabeleland priorities for the 2017 National Budget Statement

As the National Assembly's Portfolio Committee on Finance and Economic Development will be conducting Parliament's 2017 National Budget Consultations at public hearings in various centres around Zimbabwe from Monday 12th September to Satur…

Published: 12 Sep 2016 at 12:57hrs | 3 | by The General Secretary

2015 National Budget is nothing but hot air, Zanu PF remains clueless

The 2015 National Budget presented late November is another clear indication that Zanu PF government continues to run the country in a toxic and retrogressive manner.Sadly, for the people of Zimbabwe, this has resulted in long suffering co…

Published: 03 Jan 2015 at 05:02hrs | 1 | by Elton Mangoma

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