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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: 7 hrs ago | 4032 | by Staff reporter
Mthuli Ncube's biggest headache
NEWLY-appointed Finance minister Mthuli Ncube entered the national political scene with a lot of verve, making very ambitious pronouncements, including the scrapping of the bond note, among other loft...Published: 7 hrs ago | 915 | by Zimind Comment
Anxiety as Mnangagwa 'visits' RBZ
PRESIDENT Emmerson Mnangagwa made two surprise visits to the Reserve Bank of Zimbabwe on Tuesday, which generated a lot of anxiety among staff and the public after he spent a combined four hours at th...Published: 14 hrs ago | 7682 | by Staff reporter
Mthuli Ncube's '0% political skills' certainly working
While cholera is highly infectious, positivity can be as contagious too as a counter-measure along with medicinally treating the actual disease.Posted Finance minister Mthuli Ncube, who has a ...Published: 14 hrs ago | 2610 | by Conway Tutani
Devolution will develop provinces with natural resources
CHIVI South MP Killer Zivhu (Zanu PF) on Wednesday said devolution of power will enable provinces with mineral deposits to develop from their natural resources.Speaking to Southern Eye, Zivhu ...Published: 14 hrs ago | 324 | by Staff reporter
Currency reform answer to Zimbabwe's economic woes
THE success of the new Government's effort to transform the country's economy, both in the immediate and future term hinges on addressing the currency reform problem. The vision of the Government is t...Published: 15 hrs ago | 295 | by Bongani Ngwenya
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 | 4860 | by Staff reporter
Zimbabwe stops luxury car purchases for cholera fund
Zimbabwe's government has suspended plans for ministers to buy luxury vehicles as the country continues to deal with a cholera outbreak that has killed more than 30 people.Last week, Finance M...Published: 20 Sep 2018 at 13:16hrs | 2654 | by BBC
Bond notes u-turn gets thumps up
Economists have welcomed both President Emmerson Mnangagwa and new Finance minister Mthuli Ncube's move to rule out the immediate return of the decommissioned Zimbabwe dollar. This comes...Published: 20 Sep 2018 at 07:43hrs | 7059 | by Staff reporter
Mukupe off the hook
FORMER Finance deputy minister Terrence Mukupe yesterday successfully overturned two default judgments entered against him, and which compelled him to pay a combined debt of $58 000 to a private schoo...Published: 20 Sep 2018 at 07:05hrs | 1383 | by Staff reporter
Ministers, MPs' cars suspended
PRESIDENT Emmerson Mnangagwa's government yesterday suspended plans to buy new vehicles for the new Cabinet ministers and Members of Parliament and channelled the money towards fighting the cholera ep...Published: 20 Sep 2018 at 06:45hrs | 1591 | by Staff reporter
Mthuli Ncube, Mnangagwa in bond notes U-turn
Both President Emmerson Mnangagwa and new Finance minister Mthuli Ncube have ruled out the immediate return of the decommissioned Zimbabwe dollar, saying the country will for now continue to use bond ...Published: 19 Sep 2018 at 07:34hrs | 10601 | by Staff reporter
Zimbabwe economy in safe hands
THE appointment of a leaner Cabinet by President Emmerson Mnangagwa is not only welcome, but also goes a long way in demonstrating that the President listened to the people, mindful of the need to man...Published: 19 Sep 2018 at 07:25hrs | 1224 | by Daniel Ngwira
Mugabe's ex-finance minister in $20k Land Development Levy debt
Mazowe Rural District Council has petitioned the High court seeking an order to compel former Finance minister, Christopher Kuruneri, to settle a $20 677 Land Development Levy debt.Through its...Published: 19 Sep 2018 at 07:21hrs | 974 | by Staff reporter
Mthuli Ncube's economic stabilisation programme out next month
FINANCE minister Mthuli Ncube will next month unveil a transitional economic stabilisation programme that will address fiscal and monetary reforms as well as an arrears clearance programme.Zim...Published: 19 Sep 2018 at 07:15hrs | 758 | by Staff reporter
UK hails setting up of Mnangagwa's Commission of Inquiry
OUTGOING United Kingdom Ambassador to Zimbabwe, Catriona Laing, says her country was encouraged" by the setting up of a Commission of Inquiry into the political violence of August 1, which led to the ...Published: 19 Sep 2018 at 06:58hrs | 415 | by Staff reporter
Bond notes flood Zimbabwe border towns
The Zimbabwe Cross Border Traders Association has called on Finance and Economic Development Minister Mthuli Ncube to investigate the source of bond notes and other currencies that have flooded the bl...Published: 19 Sep 2018 at 06:38hrs | 3343 | by Staff reporter
Mnangagwa must consider Mthuli Ncube's proposals
WHEN President Emmerson Mnangagwa addressed the nation yesterday, there was hope that he would give a clear strategy towards addressing the currency distortions that have left the country on an econom...Published: 19 Sep 2018 at 06:28hrs | 319 | by Editorial - newsday
Chamisa's MPs walk out on Mnangagwa
THE government has secured $500 million in foreign credit facilities to ease a cash crisis that has crippled local industry, President Emmerson Mnangagwa said yesterday at the official opening of the ...Published: 19 Sep 2018 at 06:27hrs | 1483 | by Staff reporter
Mnangagwa says no to return of Zimdollar
According to Zimbabwe's new president, conditions are not yet right for foreign currencies to be replaced by the Zimbabwean dollar.Zimbabwe's new president on Tuesday ruled out an early return...Published: 18 Sep 2018 at 19:37hrs | 10798 | by AFP
Stench of sewage in cholera-hit Harare
Zimbabwe is struggling with its worst outbreak of cholera in a decade, which has killed at least 28 people. An emergency has been declared and public gatherings banned in the capital, Harare.L...Published: 18 Sep 2018 at 16:40hrs | 1538 | by BBC
The truth behind Team Pachedu
Once upon a time, there was a source with credible information online. It started as a mysterious micro-blog, but their simple numbers were objectively verifiable. Even though no one really knew who t...Published: 18 Sep 2018 at 11:56hrs | 3207 | by Anthony Mkondo
Mnangagwa must take a chance on Mthuli Ncube's ideas
It is clear that Zimbabwe's new Finance minister Mthuli Ncube is not a shy man and neither is he a coward. He would have been aware, weeks in advance, that he would be appointed Zimbabwe's Treasury ch...Published: 18 Sep 2018 at 08:25hrs | 4678 | by Staff reporter
Haddon and Sly workers down tools
Workers at struggling Bulawayo supermarket Haddon and Sly, one of the oldest in the city, at the weekend staged a demonstration against a decision by the company to close the shop, allegedly for renov...Published: 18 Sep 2018 at 07:46hrs | 1280 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 18 Sep 2018 at 07:42hrs | 4466 | by Staff reporter
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 18 Sep 2018 at 07:32hrs | 2720 | by Dr Masimba Mavaza
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 | 354 | by Ian Scoones
Anger on social media over Mugabe, Grace chartered flight
Zimbabweans have reacted angrily on social media after President Emmerson Mnangagwa's government reportedly chartered a plane for former president Robert Mugabe and his wife Grace, who flew to Singapo...Published: 17 Sep 2018 at 14:25hrs | 4107 | by Staff reporter
Chombo's trial postponed
FORMER Finance minister Ignatius Chombo's fraud trial was last week postponed pending a High Court's decision on an application challenging his arrest.Through his lawyer, Chombo applied for a ...Published: 17 Sep 2018 at 08:33hrs | 1243 | by Staff reporter
Construction of new Zimbabwe Parly to start soon
Construction of the new Parliament Building in Mt Hampden is expected to commence soon after China identified a contractor, Speaker of the National Assembly Advocate Jacob Mudenda has said. Ad...Published: 17 Sep 2018 at 06:41hrs | 190 | by Staff reporter
World Bank optimistic on Mnangagwa's new Cabinet
Bretton Woods institution, the World Bank says work outlined by the new Cabinet should determine the flow of foreign direct investment (FDI) into the country, as investors are increasingly warming up ...Published: 17 Sep 2018 at 06:40hrs | 662 | by Staff reporter
Cholera death toll climbs to 28
The death toll in Zimbabwe's cholera outbreak has risen to 28, state media said on Sunday, as the health minister announced new antibiotics were being used after the disease strain was found to be res...Published: 16 Sep 2018 at 17:41hrs | 1615 | by AFP
Mthuli Ncube's mission impossible?
While everyone in President Emmerson Mnangagwa's Cabinet is expected to hit the ground running, it is Finance minister Mthuli Ncube who has the most difficult mission to accomplish.Mnangagwa r...Published: 16 Sep 2018 at 13:34hrs | 2315 | by Staff reporter
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3601 | by Staff reporter
Zimbabwe budget deficit seen widening
Zimbabwe's budget deficit will increase this year after government awarded its workers a 17,5% wage increase while revenue collection remains weak, according to a leading research firm."A hike...Published: 16 Sep 2018 at 09:08hrs | 493 | by Staff reporter
Mnangagwa talks up devolution
President Emmerson Mnangagwa has pledged to institute provincial councils sooner rather than later in line with the provisions of the country's Constitution as well as his government's thrust on devol...Published: 15 Sep 2018 at 21:51hrs | 1794 | by Staff reporter
Get your priorities right, Mr Mnangagwa
WE would want to understand the predicament that President Emmerson Mnangagwa and his executive team find themselves in.Zimbabwe is in a dark hole and they are, indeed, groping for answers to ...Published: 15 Sep 2018 at 09:19hrs | 412 | by Editorial - newsday
Let's give Mnangagwa a chance to turnaround Zimbabwe
For a long time, Zimbabwe was a country in the wilderness with little taking place, but since November 24, 2017 when President Mnangagwa took over the levers of powers, things started to tick. He emba...Published: 15 Sep 2018 at 09:16hrs | 190 | by Elijah Chihota
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 | 700 | by Dr Masimba Mavaza
Chiwenga grounded
PRESIDENT Emmerson Mnangagwa last week played the ball firmly into Vice-President Constantino Chiwenga's court after politically emasculating him and sidelining his key lieutenants in his cabinet appo...Published: 14 Sep 2018 at 16:34hrs | 19715 | by Staff reporter
Confusion over $2bn loan from China to Zimbabwe
AFTER its desperate quest for a critical US$2,5 billion bailout package from China hit a snag last week, government has somersaulted and now claims it did not request any such money.Ministry o...Published: 14 Sep 2018 at 16:34hrs | 9183 | by Staff reporter
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 | 13049 | 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 | 1575 | by Staff reporter
Mthuli Ncube's jaywalk in corridors of power
Mthuli Ncube, who was appointed Finance minister last week, faces the daunting task of resuscitating the economy amid huge political hurdles and public expectations.Ncube has tabled an ambitio...Published: 14 Sep 2018 at 16:22hrs | 1183 | by Staff reporter
ED 'so far so good' but you need Chamisa to resuscitate the economy
It is always good to give an applause when someone in the caliber of President Mnangagwa does well. As much as I don't like the man but I think he deserve a little bit of some thumbs up and respect co...Published: 14 Sep 2018 at 09:45hrs | 3423 | by Knowledge Hakata
Mugabe's former ministers under siege
FORMER Health and Child Care minister David Parirenyatwa was yesterday arrested on charges of criminal abuse of office, the first high profile casualty of a crackdown by a Special Anti-Corruption Unit...Published: 14 Sep 2018 at 06:27hrs | 3912 | by Staff reporter
ZCTU SG questions change of system in Zanu PF govt
Zimbabwe Congress of Trade Unions (ZCTU) secretary general Japhet Moyo has questions if the Zanu PF government systems have changed to allow rational minds in some of the ministers like Finance Minist...Published: 13 Sep 2018 at 09:02hrs | 1787 | by Stephen Jakes
Chamisa calls Mnangangwa bluff on devolution
MDC leader Nelson Chamisa has claimed President Emmerson Mnangagwa was bluffing on his promises to implement devolution, accusing him of violating the Constitution by appointing Ministers of State for...Published: 13 Sep 2018 at 06:28hrs | 525 | by Staff reporter
Sipepa-Nkomo endorses Mnangagwa, quits politics
Former National People's Party (NPP) Vice President Dr Sipepa Nkomo has endorsed President Emmerson Mnangagwa's leadership, as he announced his retirement from active politics at his Bulawayo base thi...Published: 12 Sep 2018 at 12:47hrs | 3623 | by Staff reporter
Zim Finance Minister embarks on stakeholder listening and consulting roadshow
Zimbabwe Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry....Published: 12 Sep 2018 at 12:47hrs | 40 | by Agencies
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