Search / Mthuli
Mnangagwa says 'a brighter future depends on us all'
PRESIDENT Emmerson Mnangagwa yesterday made an impassioned call to all Zimbabweans to set aside their political differences and work together to build the country.At the same time, the 78-year-old...Published: 8 hrs ago | 307 | by Staff reporter
Zimbabwe economy to grow 4,2pc in 2021: IMF
The International Monetary Fund (IMF), this week revealed Zimbabwe's economy will rebound next year and grow 4,2 percent from a decline of 10,2 percent forecast for 2020. The world body's pred...Published: 17 hrs ago | 262 | by Staff reporter
Fresh headache for Mnangagwa
Zimbabwe's billion dollar mining sector wants to wholly retain foreign currency receipts to be able to pay royalties, taxes and other levies which the authorities want them paid fully in United States...Published: 22 Oct 2020 at 07:16hrs | 10044 | by Staff Reporter
US$500 for dead civil servants
GOVERNMENT has extended an equivalent of US$500 as funeral assistance for its underpaid civil servants who would have passed on. The offer, which was confirmed by both Information secretary Ndavaningi...Published: 21 Oct 2020 at 21:58hrs | 420 | by Staff reporter
Zimdollar remains solid against Trump's dollar
For the second week running, the Zimbabwe dollar was virtually unchanged against the US dollar at the weekly auction, shifting just one two hundreth of one percent to $81,3499 from last week's $81,345...Published: 21 Oct 2020 at 21:44hrs | 316 | by Staff reporter
Dealers appeal for removal of VAT on rice
Players in the rice supply chain have appealed to Government to reconsider a 14,5 percent Value Added Tax (VAT) charge on the commodity. A Government VAT payment request in retrospect, for a p...Published: 21 Oct 2020 at 21:43hrs | 48 | by Staff reporter
Speaker of parly cracks whip on Mthuli
SPEAKER of the National Assembly Jacob Mudenda yesterday blasted Finance minister Mthuli Ncube for failing to table the 2021 national budget strategy paper before Parliament for condonation.Mu...Published: 21 Oct 2020 at 08:36hrs | 5294 | by Staff Reporter
Govt to pay US$500 for dead civil servants
GOVERNMENT has extended an equivalent of US$500 as funeral assistance for its underpaid civil servants who would have passed on.The offer, which was confirmed by both Information secretary Nda...Published: 21 Oct 2020 at 08:19hrs | 3763 | by Staff Reporter
Pressure mounts on Mnangagwa ahead of Sona
PRESIDENT Emmerson Mnangagwa is tomorrow expected to address several challenges facing the country when he delivers his State of the Nation Address (Sona).This comes amid a crisis that has see...Published: 21 Oct 2020 at 07:42hrs | 4623 | by Staff Reporter
Mthuli Ncube says peace key to Zimbabwe growth
FINANCE minister Mthuli Ncube, pictured, says he will adequately fund security forces and anti-graft bodies going forward, in a bid to secure peace and the ease of doing business in the country....Published: 19 Oct 2020 at 23:54hrs | 1105 | by Staff reporter
Mthuli Ncube told to double devolution allocation
FINANCE minister Mthuli Ncube has been urged to double the allocation of devolution funds to 10% of the national budget as stipulated in the Constitution as compared to the current 5%.The issu...Published: 19 Oct 2020 at 06:26hrs | 1759 | by Staff reporter
Mthuli Ncube must formalise artisanal miners in 2021 budget: Zela
FINANCE minister Mthuli Ncube has been urged to include policy reforms in the 2021 national budget which will decriminalise artisanal mining activities, given the reports that small-scale miners were ...Published: 17 Oct 2020 at 16:28hrs | 191 | by Staff reporter
Unpacking Professor Stephen Chan's interview with Bernard
There are no imaginative skills on how to move the country forward internally and externally, be it economic and political in both the ruling party and the opposition of Nelson Chamisa. In 2018,...Published: 17 Oct 2020 at 11:58hrs | 1744 | by Nomazulu Thata
IMF lowers Zimbabwe GDP growth further
THE International Monetary Fund (IMF) says Zimbabwe's economy will contract by 10,4% this year, much higher than its earlier prediction of 7,4%, but expects a rebound next year.It also expects...Published: 16 Oct 2020 at 07:24hrs | 1672 | by Staff reporter
Mthuli Ncube clarifies 2% tax
WHILE the objective of Intermediate Money Transfer Tax (IMTT) was to bring the previously untaxed informal businesses under the tax bracket, captains of industry claim it has had double taxation effec...Published: 16 Oct 2020 at 06:52hrs | 2933 | by Staff reporter
Zimbabwe industry demands complete reforms
ZIMBABWE'S industry has proposed a raft of far-reaching reforms to be incorporated in Finance minister Mthuli Ncube's 2021 national budget, including the abolishment of subsidies.In its propos...Published: 15 Oct 2020 at 06:42hrs | 393 | by Staff reporter
Bulawayo residents demand $1bn budget for water
BULAWAYO residents have demanded that Finance minister Mthuli Ncube allocates more than $1 billion in the 2021 budget towards alleviation of water shortages in the city.The residents made the ...Published: 14 Oct 2020 at 06:38hrs | 362 | by Staff reporter
Kazembe, Mthuli face contempt over $17k damages
AN ACTIVIST who was granted $17 000 damages by the High Court after being brutally assaulted by the police while demonstrating against xenophobia at the South African Embassy in 2015 is now seeking to...Published: 13 Oct 2020 at 18:50hrs | 285 | by Staff reporter
Living for the moment - Zimbabwe Vigil Diary
It's been a problem for at least 20 years. Despite all the efforts of successive presidents, some Zimbabweans are still apparently dissatisfied. They just don't know what's good for them.One h...Published: 12 Oct 2020 at 08:05hrs | 388 | by ZimVigil
Mthuli Ncube; just like Gideon Gono will be unemployable when he absconds
Former Reserve Bank of Zimbabwe Dr Gono told Trevor Ncube that he has a gym in his home hence he has lost so much weight. But it appears he is melting away before our eyes, we still have to stick to h...Published: 12 Oct 2020 at 07:16hrs | 6604 | by Nomazulu Thata
Zimbabwe is missing out on gold's rally
Gold might have rallied to a record high above US$2 070 this year, but policy missteps by the Zimbabwean authorities saw the southern African country missing out on the uplift.Zimbabwe, which ...Published: 11 Oct 2020 at 11:59hrs | 1309 | by Staff reporter
Mthuli Ncube glosses over crisis?
"WE are not shrinking," said Finance minister Mthuli Ncube, while giving an economic update at a press conference last Monday.The minister said that while countries such as the United States, ...Published: 11 Oct 2020 at 10:52hrs | 2378 | by Staff reporter
Zimbabwe's health system in ICU
IN Zimbabwe, pregnant women are left alone in hospitals to give birth, taps have run dry in major urban centres, infrastructure has all but collapsed and more than half the population needs food aid....Published: 11 Oct 2020 at 10:38hrs | 130 | by Bloomberg
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 11 Oct 2020 at 10:00hrs | 88 | by Victor Bhoroma
Tempers flare as RBZ debt spikes
GOVERNMENT was this week caught in the eye of a storm after the Reserve Bank of Zimbabwe (RBZ) said it had accumulated US$2,23 billion in fresh debt between July 2019 and July 2020.Authorities...Published: 09 Oct 2020 at 10:20hrs | 4513 | by Staff reporter
Chinese companies ditch Zimbabwe projects
MAJOR Chinese insurance firms are refusing to underwrite critical infrastructure projects in Zimbabwe due to government's failure to pay commitment fees and other related costs, it has emerged....Published: 09 Oct 2020 at 10:19hrs | 8438 | by Staff reporter
Mnangagwa's govt detests being held to account
GOVERNMENT'S failure to answer critical questions around the procurement of Zupco buses using public funds in a deal that involves Landela Investments is indicative of a government that is averse to s...Published: 09 Oct 2020 at 10:13hrs | 1942 | by Staff reporter
Showdown looms over Zimbabwe debt
PARLIAMENT has threatened to take unspecified action against Finance minister Mthuli Ncube for failing to submit documents detailing Zimbabwe's debt as prescribed by national laws.The Public D...Published: 09 Oct 2020 at 10:04hrs | 827 | by Staff reporter
Zimbanwe govt targets 75% industry capacity
GOVERNMENT is targeting to increase manufacturing capacity utilisation from an average of 40 percent in 2019 to 75 percent by 2023 while US$2 billion will be required to retool industry, Finance and E...Published: 09 Oct 2020 at 09:57hrs | 104 | by Staff reporter
Zimbabwe targets 75% industry capacity
GOVERNMENT is targeting to increase manufacturing capacity utilisation from an average of 40 percent in 2019 to 75 percent by 2023 while US$2 billion will be required to retool industry, Finance and E...Published: 09 Oct 2020 at 08:26hrs | 879 | by Staff Reporter
Mudenda, MPs roast Executive for undermining Parly
SPEAKER of Parliament Jacob Mudenda and opposition legislators yesterday took turns to grill Justice minister Ziyambi Ziyambi for allowing members of the Executive to take legislative business lightly...Published: 07 Oct 2020 at 07:05hrs | 1665 | by Staff reporter
Does Mthuli Ncube really live in ZImbabwe?
ZIMBABWE on Monday woke up to a fresh dosage of shocking data from the ever-blundering Finance minister Mthuli Ncube.Mthuli scaled up defence against his catastrophic economic policies, which ...Published: 07 Oct 2020 at 06:57hrs | 2203 | by Staff reporter
Biti accuses Finance Ministry of gobbling $10.6 billion in unauthorised expenditure
THE finance ministry has been accused of using US$10.6 billion between 2015 and 2018 outside budget allocations and without the approval of Parliament.This emerged Monday during the hearing of...Published: 07 Oct 2020 at 06:49hrs | 264 | by Staff reporter
'Prices of goods to remain stable'
FINANCE minister Mthuli Ncube, said yesterday that Zimbabwe's economy would improve further in the coming months, with prices of basic consumer goods and services expected to remain stable.Add...Published: 06 Oct 2020 at 20:15hrs | 399 | by Staff reporter
Mthuli Ncube rules out de-dollarisation
Finance Minister Mthuli Ncube says that Zimbabwe is beginning to engage multilateral creditors, with a view of clearing its US$1.8 billion arrears, which will see the country unlock fresh funding to a...Published: 06 Oct 2020 at 07:25hrs | 7024 | by Staff reporter
Mthuli Ncube scoffs at poverty reports
FINANCE minister Mthuli Ncube has dismissed reports of high poverty levels in the country arguing that the cushion extended by government to vulnerable groups had made "instant impact" and thus elimin...Published: 06 Oct 2020 at 07:10hrs | 935 | by Staff reporter
Striking teachers dig in
TEACHERS have vowed to press on with their industrial action after talks with the government collapsed yesterday as they also complained bitterly over alleged favouritism towards the army and police....Published: 06 Oct 2020 at 06:55hrs | 3353 | by Staff reporter
Mthuli Ncube says Covid-19 won't hit economy as hard
Zimbabwe's finance minister said on Monday the economy would not be as severely impacted by the Covid-19 pandemic as initially feared and foreign currency inflows had shown resilience.The sout...Published: 05 Oct 2020 at 17:24hrs | 567 | by Staff reporter
Biti allegations are baseless
MDC-ALLIANCE co-vice-president Tendai Biti has on countless occasions made unsavoury and bald assertions, mainly to his gullible supporters, that "Zanu-PF may rig elections, but it cannot rig the econ...Published: 05 Oct 2020 at 06:41hrs | 1922 | by Rutendo Jiri
Zimbabwe govt pleads with sceptical investors over Victoria Falls bourse
FINANCE minister Mthuli Ncube has assured investors that they will be legally empowered to repatriate their earnings on the Victoria Falls Stock Exchange (VFSE).This comes in the wake of an es...Published: 02 Oct 2020 at 07:46hrs | 1626 | by Staff reporter
'Zimbabwe to keep getting IMF technical support'
GOVERNMENT has said it will continue working with international financial institutions (IFIs), including the International Monetary Fund (IMF) after its aborted Staff-Monitored Programme (SMP) with th...Published: 02 Oct 2020 at 07:45hrs | 472 | by Staff reporter
After TSP, diaspora engagement critical, says Mthuli Ncube
AS government winds up the Transitional Stabilisation Programme (TSP) amid a plethora of challenges it faces in turning around the economy, the Zimbabwe Independent (ZI) caught up with Finance ministe...Published: 02 Oct 2020 at 07:43hrs | 1772 | by Staff reporter
It is hard being poor in Zimbabwe
IT is an early and hot Sunday morning in Mbare's Majubheki area, Harare. A thick cloud of flies buzzes over filthy plates that are heaped in an outside sink because residents have not accessed water f...Published: 02 Oct 2020 at 07:31hrs | 871 | by Staff reporter
No one is going to save Zimbabweans but themselves, says Makoni
Simba Makoni (Sm) is regarded as one of the best ministers to preside over Zimbabwe's Treasury. He then formed his party, mMvambo/Kusile/Dawn (mKD) which had a good showing in the 2008 presidential el...Published: 28 Sep 2020 at 06:51hrs | 5145 | by Staff reporter
Zimbabwe's intellectual prostitutes and the national question
My Ghanaian broth er, Dr George Ayiteyi, was the first to connect fraudulent claims to the title of professor to Professor Jonathan Moyo as the quintessential intellectual prostitute. I scolded Ayitey...Published: 27 Sep 2020 at 07:41hrs | 840 | by Kenneth Mufuka
US dollar allowances extended to year-end
Civil servants and Government pensioners will continue to get their tax-free US dollar Covid-19 allowances until December. The allowances, of US$75 a month for civil servants and US$30 a month...Published: 26 Sep 2020 at 08:16hrs | 926 | by Staff reporter
Cabinet puts state firms up for sale
CABINET on Tuesday resolved to finalise the privatisation of perennial loss-making parastatals and state-owned enterprises by year-end after Finance minister Mthuli Ncube reported that it had become u...Published: 25 Sep 2020 at 07:54hrs | 1066 | by Staff reporter
Equatorial Guinea delegation meets Mnangagwa
Equatorial Guinea Foreign Affairs Minister Mr Simeon Oyono today paid a courtesy call on President Mnangagwa at State House to deliver a special message from President Teodoro Obiang Nguema Mbasogo....Published: 23 Sep 2020 at 22:24hrs | 920 | by Staff reporter
Zanu-PF has an undying love for lies, propaganda
LIES and threats have now become the order of the day for the President Emmerson Mnangagwa-led government.Since his inauguration, people have been subjected to gross human rights violations, t...Published: 21 Sep 2020 at 06:50hrs | 1658 | by Toedza Fungai
Ian Khama ratchets pressure on Mnangagwa
FORMER Botswana president Ian Khama says the region must step in to resolve the Zimbabwe crisis as pressure mounts on President Emmerson Mnangagwa to hold talks with his rivals.Khama, who was ...Published: 20 Sep 2020 at 08:25hrs | 4152 | by Staff reporter
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