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Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 22 Dec 2024 at 11:13hrs | 806 | by Staff reporter
Zimbabwe urged to emulate Kenya's GenZ digital activism
Zimbabwean youths are being encouraged to take inspiration from their Kenyan counterparts, who effectively leveraged digital media to mobilize for socio-economic change in their country. The call for ...Published: 30 Sep 2024 at 07:51hrs | 263 | by Staff reporter
Mthuli Ncube must explain why some ministries exceeded their approved budgets
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube has been urged to explain why some government ministries exceeded their approved budgets before mid-year. In a motion on t...Published: 12 Sep 2024 at 08:01hrs | 454 | by Staff reporter
Kenya's William Ruto dismisses all ministers
Kenyan President William Ruto on Thursday dismissed all of his Cabinet ministers and promised to form a new government that will be lean and efficient following weeks of protests over high taxes and p...Published: 11 Jul 2024 at 14:38hrs | 15 | by Associated Press
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 47 | by Nomazulu Thata
President Ruto apologises for 'arrogant' Kenyan MPs
Kenya's President William Ruto on Friday apologized for the "arrogance and show of opulence" by legislators and ministers from the ruling party and promised action against "rogue" police officers who ...Published: 06 Jul 2024 at 12:06hrs | 25 | by Staff reporter
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 28 | by Nomazulu Thata
Protesters across Kenya say 'Ruto must go!'
Kenyan riot police fired tear gas at protesters in Nairobi on Tuesday and demonstrations erupted in other cities across the country demanding the resignation of President William Ruto, following a wee...Published: 02 Jul 2024 at 12:04hrs | 29 | by Staff reporter
Joe Biden at 81 versus Robert Mugabe at 81: No match
AS HAS BECOME ITS ENTRENCHED TENDENCY, a characteristically thoughtless and delinquent segment of the political opposition in Zimbabwe has been busy using old-age to make asinine comparisons between t...Published: 02 Jul 2024 at 09:17hrs | 51 | by Jonathan Moyo
Kenya's Ruto eats humble pie
Kenyan President William Ruto said Wednesday he won't sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest ...Published: 27 Jun 2024 at 09:58hrs | 6 | by Associated Press
NetOne takes legal action against overpricing of sim cards
STATE-OWNED telecommunications operator, NetOne has said it will take legal action against partners and individuals who are selling the mobile network provider's for more than US$1 or Zimbabwe Dollar ...Published: 15 Feb 2024 at 10:03hrs | | by Staff reporter
Recalls dominated 2023 Zimbabwe Parliament
The ink on the electoral certificates for the Members of Parliament (MPs) had not dried when a Citizens Coalition for Change (CCC) member, Sengezo Tshabangu, cracked the whip on legislators belonging ...Published: 01 Jan 2024 at 08:12hrs | 13 | by Staff reporter
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | 1 | by Paidamoyo Muzulu
Zanu-PF MP advocates three-tier passport fee system
Gutu South legislator Togarepi Pupurai has proposed a three-tier system for passport fees in Zimbabwe to cater to different social classes.His proposal includes providing passports for free to...Published: 15 Dec 2023 at 14:21hrs | 9 | by Staff reporter
High Court calls Mthuli Ncube to order over public debt
Finance minister Mthuli Ncube has been ordered to come up with a debt contraction law that compels Treasury to seek parliamentary approval before issuing guarantees and contracting a public debt....Published: 28 Mar 2023 at 06:43hrs | 3 | by Staff reporter
'Free education would take time to Implement,' says Mthuli
Minister of Finance and Economic Development, Profesor Mthuli Ncube has stated that free education will take time to implement, implying that the government will not implement the program in January 2...Published: 19 Dec 2022 at 12:23hrs | 41 | by Mzingaye Nxumalo
Mnangagwa's govt dithers on free education
GOVERNMENT has started to sing a different tune on earlier promises to provide free basic education beginning next year, with Finance minister Mthuli Ncube saying the programme would need more time to...Published: 17 Dec 2022 at 12:12hrs | 1 | by Staff reporter
Biti complains about ministers' failure to attend budget debates
LEGISLATORS have lamented failure by Cabinet ministers to attend 2023 budget debates last week saying this shows their lack of commitment to Parliament business, including critical budget discussions....Published: 14 Dec 2022 at 06:35hrs | 9 | by Staff reporter
'Selfish' CCC MPs defend US$40,000 loans
OPPOSITION Citizens Coalition for Change (CCC) Members of Parliament yesterday said there was nothing wrong in them accepting the US$40 000 housing loans despite criticism by their leader Nelson Chami...Published: 08 Dec 2022 at 05:11hrs | 1 | by Staff reporter
Zimbabwe MPs push for wealth tax
LEGISLATORS have urged Finance minister Mthuli Ncube to introduce a wealth tax to increase the country's revenue base and bolster social safety nets.Contributing to debate on the Finance Bill ...Published: 08 Dec 2022 at 05:08hrs | 4 | by Staff reporter
MPs blast 'dishonest' Mthuli Ncube in heated tax-free salary stand-off
LEGISLATORS stood their ground in Parliament this week, firmly rejecting what they saw as a bid by Finance Minister Professor Mthuli Ncube to use the Senate to backtrack on a commitment to increase th...Published: 22 Sep 2022 at 06:08hrs | | by Staff reporter
Mthuli Ncube blows supp budget
FINANCE minister Mthuli Ncube has blown his July $929 billion budget, NewsDay reported.On Wednesday, while presenting the Finance Bill, Ncube requested permission from the Senate to spend $851...Published: 09 Sep 2022 at 06:02hrs | | by Staff reporter
Senators shoot down supplementary budget
SENATORS have shot down Finance minister Mthuli Ncube's supplementary budget saying it failed to address the country's economic meltdown.In July, Ncube presented a $929 billion supplementary b...Published: 08 Sep 2022 at 06:44hrs | | by Staff reporter
Mthuli Ncube sued 120 times over unpopular policies
FINANCE minister Mthuli Ncube says he has been sued over 120 times over his unpopular economic measures.Since becoming the Treasury boss in September 2018, Ncube has implemented several contro...Published: 05 Sep 2022 at 06:41hrs | | by Staff reporter
Zanu-PF quashes push for diaspora vote
Zanu-PF party chief whip in the National Assembly Pupurai Togarepi has quashed calls by the opposition to amend the country's electoral laws so that Zimbabweans in the diaspora can be allowed to vote....Published: 01 Sep 2022 at 20:39hrs | 8 | by Staff reporter
Mthuli Ncube told to come clean on IMF funds
FINANCE minister Mthuli Ncube has been told to come clean on the utilisation and disbursement of the International Monetary Fund (IMF) Special Drawing Rights (SDR) funds.The Budget and Finance...Published: 22 Aug 2022 at 07:09hrs | 2 | by Staff reporter
Mthuli Ncube to present supplementary budget for 2022
Zimbabwean Finance Minister Mthuli Ncube is due to present the 2022 supplementary budget Thursday, amid skyrocketing inflation that has since eroded this year's national budget.In addition to ...Published: 26 Jul 2022 at 20:43hrs | 3 | by Staff reporter
Zimbabwe sinks deeper into debt hole
THE government last year added US$6,45 billion to the public debt as the Treasury assumed the former white farmer's compensation fund under domestic debt and the Reserve Bank of Zimbabwe (RBZ) legacy ...Published: 24 Jun 2022 at 08:56hrs | 2 | by Staff reporter
Zimbabwe suspends platinum levy
THE Government has suspended the 5 percent levy on raw platinum exports after miners lobbied the Treasury for its removal citing its detrimental impact on operations and the commitment by industry pla...Published: 17 May 2022 at 06:31hrs | 3 | by Staff reporter
'Parly may have passed defective 2022 budget'
A LEGAL think-tank has alleged that Parliament may have passed a defective 2022 national budget last week and accused legislators of failing to scrutinise or critique the Finance Bill.The Bill...Published: 20 Dec 2021 at 05:46hrs | | by Staff reporter
Mthuli Ncube makes u-turn on cellphone levy
FINANCE minister Mthuli Ncube has made a u-turn on the proposed US$50 cellphone levy, which he said would apply to individuals who would have failed to pay duty on imported cellphones.Ncube's ...Published: 16 Dec 2021 at 09:35hrs | 10 | by Staff Reporter
Govt unfreezes civil servants posts
GOVERNMENT will next year recruit more teachers and nurses after unfreezing some civil service posts, Finance minister Mthuli Ncube told Parliament recently.Civil servants, however, criticised...Published: 14 Dec 2021 at 05:50hrs | 8 | by Staff reporter
Economist questions govt use of IMF money
A LEADING economist, Gift Mugano has questioned government's plans to disburse substantial amounts drawn from the nearly US$1 billion special drawing rights (SDR) from the International Monetary Fund ...Published: 02 Dec 2021 at 05:33hrs | 11 | by Staff reporter
Govt considers 400% rise in tax-free threshold
Finance minister Mthuli Ncube is considering a cocktail of tax reforms, including increasing the tax-free threshold four-fold as part of measures to improve the welfare of the country's workforce....Published: 26 Oct 2021 at 06:41hrs | 1 | by Staff reporter
Mthulisi Ncube promises pro-poor 2022 budget
FINANCE minister Mthuli Ncube has promised a pro-poor 2022 national budget.He however said ministries submitted bids so high they are beyond government's capacity to satisfy.Ncube said...Published: 26 Oct 2021 at 06:36hrs | | by Staff reporter
Mnangagwa under fire
RESIDENT Emmerson Mnangagwa is under fire and faces a potential lawsuit for alleged abuse of public funds after buying vehicles for the controversial Political Actors Dialogue (Polad) platform members...Published: 10 Aug 2021 at 08:56hrs | 4 | by Staff reporter
Parly urged to scrutinise loan agreements
LEGISLATORS have been urged to scrutinise loan agreements entered into by government after President Emmerson Mnangagwa recently signed the Constitution of Zimbabwe Amendment (No 2) Bill into law....Published: 25 May 2021 at 07:19hrs | | by Staff reporter
Mnangagwa somersaults, returns to Mugabe policies?
ZIMBABWE'S mining industry has been gripped by fresh fears of capital flight after amendments contained in the Finance (No. 2) Bill empowered government to extend the scope of the sector reserved for ...Published: 31 Jan 2021 at 10:01hrs | 2 | by Staff reporter
Monthly payouts for vulnerable increased
Humanitarian assistance allowances for vulnerable persons hit by Covid-19 and the subsequent lockdown has been raised from $300 to $800 per month and another increase is planned for next month. ...Published: 30 Dec 2020 at 07:19hrs | 1 | by Blessings Chidakwa
Mthuli Ncube allocates $595 million for Parliament buses and vehicles
FINANCE Minister Mthuli Ncube has allocated $595 million for the procurement of Parliament buses and vehicles after MPs complained that the current fleet was dilapidated.The buses were procure...Published: 19 Dec 2020 at 05:52hrs | 1 | by Staff reporter
Informal sector not affected by 2% tax
AN OPPOSITION legislator has called on Finance minister Mthuli Ncube to stop collecting the 2% electronic transaction tax, saying it was burdening workers only as the informal sector was now transacti...Published: 15 Dec 2020 at 06:17hrs | 1 | by Staff reporter
Police turn into beggars for survival
PARLIAMENT has castigated government for reducing members of the police force to "beggars", claiming that the law enforcement agents were now subsidising government in discharging their duties as thei...Published: 14 Dec 2020 at 07:25hrs | | by Staff reporter
Chaos as Zimbabwe abandons embassies
ZIMBABWE's foreign missions are struggling because they have been neglected, with workers staying in dilapidated houses while vehicles used by top officials are run-down.This was revealed in t...Published: 11 Dec 2020 at 06:42hrs | 2 | by Staff reporter
'Soldiers marching on empty tummies'
PARLIAMENT has exposed government for its failure to address the plight of soldiers by not providing essentials that include medical aid and allowances, as well as adequate food rations, resulting in ...Published: 11 Dec 2020 at 06:28hrs | | by Staff reporter
Students forced to fit for O' level exam at night after Zimsec error
SOME students who sat for their Ordinary Level Geography Paper 1 multi-choice on Tuesday were shocked to find their exam question paper had no map to refer to during the crucial test as it had been om...Published: 10 Dec 2020 at 06:40hrs | 1 | by Staff reporter
Rushed Zim Dollar introduction cost the economy
The Zimbabwean government recently gazetted the Finance Bill (H.B.4 of 2020) which validates the fiscal changes that were tabled in the Mid-Term budget review in July 2020. The Bill amends the Gains T...Published: 22 Sep 2020 at 18:17hrs | | by Victor Bhoroma
Mnangagwa appoints Mutsvangwa
Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa has been appointed the leader of Government business in the Senate by President Mnangagwa.She replaces national hero...Published: 17 Sep 2020 at 06:33hrs | | by Staff reporter
Hon Biti attempting to ensnare Prof Ncube, Dr Mangudya for political gain
FORMER Finance and Economic Development Minister, Honourable Tendai Biti is one of the very few political figures within the country's multiple opposition parties who appear to understand their respon...Published: 15 Sep 2020 at 11:34hrs | 1 | by Nathan Gurira
Mthuli Ncube unveils foreign currency income tax thresholds
Treasury has unveiled foreign currency denominated income tax bands that will see the tax free threshold pegged at US$350 while the highest bracket will be for those earning more than US$15 000 per mo...Published: 14 Sep 2020 at 06:31hrs | 1 | by Staff reporter
Mthuli Ncube reviewing civil service pay
Civil service salaries are being reviewed to cushion them against the rise in prices of goods and services since the last rise and Government will soon make an announcement regarding the US$75 a month...Published: 11 Sep 2020 at 07:04hrs | 1 | by Staff reporter
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