Search / Finance minister
Govt workers stage a flash protest at Mthuli Ncube's office
Civil servants staged a flash protest yesterday at the New Government Complex before marching to the offices of the Ministry of Finance, Economic Development and Investment Promotion in Harare, pressi...Published: 15 Jul 2025 at 08:20hrs | 678 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 114 | by Staff reporter
Biti slams UZ Vice Chancellor
Former Finance Minister Tendai Biti has sharply criticized University of Zimbabwe (UZ) Vice Chancellor Professor Paul Mapfumo for the recent dismissal of striking lecturers and suspension of student a...Published: 13 Jul 2025 at 11:19hrs | 69 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | by Staff reporter
Trabablas Interchange scandal deepens
The cost of constructing the controversial Trabablas Traffic Interchange in Harare has surged to US$114 million, sparking a storm in Parliament amid growing concerns over fiscal transparency and poten...Published: 10 Jul 2025 at 21:10hrs | 1272 | by Staff reporter
Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 431 | by Staff reporter
Tagwirei's risky play in Zimbabwe's Game of Thrones
Business tycoon Kudakwashe Tagwirei's dramatic ejection from Zanu-PF's 126th Ordinary Session of the Central Committee has thrown a harsh spotlight on the formidable political headwinds he faces as he...Published: 09 Jul 2025 at 07:57hrs | 705 | by Staff reporter
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 82 | by Staff reporter
Geza, Mukupe replaced in Zanu-PF restructuring
The ZANU PF Mashonaland West provincial leadership has announced the replacement of two Central Committee members, Blessed Geza and Terrence Mukupe, as part of internal restructuring aimed at reinforc...Published: 07 Jul 2025 at 17:47hrs | 2659 | by Staff reporter
Here's who won Zimbabwe govt's biggest road tenders
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? Fossil...Published: 04 Jul 2025 at 14:30hrs | 27261 | by Staff reporter
Dr Malusi Gigaba has completed his PhD
Former finance minister Knowledge Malusi Nkanyeni Gigaba has achieved a significant academic milestone by completing his PhD at the University of Johannesburg (UJ), with his graduation confirmed for 2...Published: 04 Jul 2025 at 10:57hrs | 535 | by Staff reporter
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 455 | by Staff reporter
'You are good thief, not a leader', Tyson flows Tagwirei
Former Local Government Minister Saviour Kasukuwere has torn into President Emmerson Mnangagwa's ally, businessman Kudakwashe Tagwirei, describing him as only a good thief but faring badly as a politi...Published: 29 Jun 2025 at 18:10hrs | 2166 | by Paul Ndou
Tagwirei sparks feud with Kasukuwere, Biti
ZANU PF-aligned businessman Kudakwashe Tagwirei has ignited a political storm after accusing self-exiled former cabinet minister Saviour Kasukuwere and former Finance Minister Tendai Biti of corruptio...Published: 26 Jun 2025 at 15:44hrs | 1115 | by Staff reporter
Tagwirei breaks silence on Dema power plant tender
Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...Published: 26 Jun 2025 at 09:27hrs | 8427 | by Staff reporter
'Where are the cancer machines?' asks Khupe
Opposition Member of Parliament Thokozani Khupe has demanded a full disclosure from Finance Minister Mthuli Ncube on how proceeds from the sugar tax are being utilised in the fight against cancer, ami...Published: 26 Jun 2025 at 09:02hrs | 163 | by Staff reporter
Pokello reacts to Chombo's death hoax
Zimbabwean socialite and entrepreneur Pokello Nare has dismissed false reports circulating on social media claiming that her stepfather, former cabinet minister Ignatius Chombo, has died.On We...Published: 25 Jun 2025 at 17:48hrs | 1726 | by Staff reporter
Khupe demands Ministerial statement on use of US$38m sugar tax
Citizens Coalition for Change (CCC) legislator Dr Thokozani Khupe has called on the Ministry of Finance to urgently deliver a ministerial statement detailing how the US$38 million raised from the suga...Published: 25 Jun 2025 at 17:17hrs | 291 | by Staff reporter
Zanu-PF cell verification attendance plummets
The ruling Zanu-PF party is facing growing signs of waning popularity in Mashonaland West, with low turnout reported in several districts during an ongoing cell verification exercise - a key process a...Published: 25 Jun 2025 at 09:00hrs | 87 | by Staff reporter
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 282 | by Tendai Ruben Mbofana
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 105 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 606 | by Staff reporter
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 326 | by Staff reporter
Ramaphosa gets a R26.5bn World Bank loan
The World Bank has approved a $1.5 billion (approximately R26.5 billion) loan to support structural reforms aimed at boosting South Africa's infrastructure.The Washington-based lender sa...Published: 10 Jun 2025 at 10:14hrs | 847 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 978 | by Staff reporter
US denies Trump aid cuts are affecting Zimbabwe's HIV treatment
The United States government has rejected allegations that its recent aid reductions are jeopardising Zimbabwe's access to Antiretroviral Therapy (ART) and other essential humanitarian and health prog...Published: 10 Jun 2025 at 08:39hrs | 176 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
UK Minister jets into Zimbabwe for King Charles' birthday
United Kingdom Minister for Africa, Lord Collins, is expected in Harare this week where he will lead the early celebrations of King Charles III's 75th birthday on Wednesday, June 11.Although t...Published: 09 Jun 2025 at 08:31hrs | 480 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 261 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 603 | by Staff reporter
5,000 Zimbabwe teachers quit in 2023
The Ministry of Primary and Secondary Education has revealed that over 5,000 teachers left the profession in 2023, confirming concerns about a growing brain drain in Zimbabwe's education sector. Howev...Published: 05 Jun 2025 at 10:14hrs | 1839 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 889 | by Staff reporter
Mutsvangwa's Mugabe coup remark opens can of worms
Observers have criticized Zanu-PF spokesperson Christopher Mutsvangwa for speaking with a "forked tongue" following his recent remarks alleging that the late former President Robert Mugabe was removed...Published: 01 Jun 2025 at 15:19hrs | 1814 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1863 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 442 | by Staff reporter
Zimbabwe sees $2.6bn bridge finance in place by early 2026
Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to ...Published: 28 May 2025 at 10:51hrs | 118 | by Staff reporter
Biti's US$1 million defamation lawsuit resumes
The high-profile US$1 million defamation lawsuit filed against former Finance Minister and opposition politician Tendai Biti resumed yesterday, with Biti's legal team filing a notice to apply for refe...Published: 28 May 2025 at 10:42hrs | 146 | by Staff reporter
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 146 | by Staff reporter
Biti warns of disaster if Tagwirei ascends to Zimbabwe's Presidency
Former opposition MP and finance minister Tendai Biti has sounded alarm over the possible political elevation of controversial businessman Kudakwashe Tagwirei, warning that his rise to the presidency ...Published: 22 May 2025 at 10:11hrs | 929 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Ministry of Education fails to pay rent for 16 years
Zimbabwe's education system is rapidly collapsing, driven by a combination of chronic underfunding, rampant corruption, indiscipline, and government failure to disburse allocated budgets. Despite prom...Published: 18 May 2025 at 12:13hrs | 582 | by Staff reporter
'Zimbabwe's political crisis has to be managed carefully,' says Biti
As Zimbabwe grapples with escalating political tension and worsening economic conditions, fresh calls have emerged for the establishment of a National Transitional Authority (NTA) as a crucial rescue ...Published: 18 May 2025 at 11:59hrs | 492 | by Staff reporter
Zimbabwe mining industry to grow by 7% in 2025
Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ)....Published: 18 May 2025 at 11:48hrs | 279 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Guvamatanga dodges Parliament again over US$400 million scandal
Finance Ministry Permanent Secretary George Guvamatanga failed once again to appear before Parliament's Public Accounts Committee (PAC) on Monday, defying expectations that he would explain the gross ...Published: 13 May 2025 at 10:37hrs | 1098 | by Staff reporter
Guvamatanga faces summons threat after snubbing Parliament
Zimbabwe's Finance Ministry permanent secretary George Guvamatanga is facing the threat of a parliamentary summons after he failed to appear before the Public Accounts Committee (PAC) for the second t...Published: 13 May 2025 at 09:58hrs | 108 | by Staff reporter
Zimbabwe war vets launch impeachment drive
A major political storm is sweeping through Zimbabwe's corridors of power as a group of war veterans led by outspoken activist Blessed Geza has initiated an impeachment campaign targeting senior gover...Published: 06 May 2025 at 12:15hrs | 4541 | by Staff reporter
Mthuli Ncube taken to court
A court application filed by registered public accountant Last Matema, challenging the constitution of the Public Accountants and Auditors Board (PAAB), has been dismissed by the High Court, with the ...Published: 28 Apr 2025 at 12:46hrs | 14474 | by Staff reporter
UZ lecturers threaten nationwide shutdown
The University of Zimbabwe (UZ) campus was the scene of intense protest Thursday as lecturers, under the banner of the Association of University Teachers (AUT), warned they would escalate industrial a...Published: 25 Apr 2025 at 14:10hrs | 1390 | by Staff reporter
Mthuli Ncube unveils industrial development facilities
Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...Published: 24 Apr 2025 at 21:17hrs | 287 | by Staff reporter
Load More Stories
