Search / Budget presentation
Steady progress in Bulawayo-Nkayi Road rehab
The rehabilitation of the Bulawayo-Nkayi Road has gained momentum, with the contractor working on a 23km stretch from Inyathi Business Centre, affirming the Second Republic's commitment to infrastruct...Published: 12 Mar 2025 at 07:41hrs | 368 | by Staff reporter
Social unrest warning for South Africa
The uMkhonto weSizwe (MK) Party has issued a stern warning to the South African government, threatening widespread protests if the revised budget - set to be presented on Wednesday, 12 March - include...Published: 11 Mar 2025 at 17:13hrs | 1985 | by Staff reporter
Zimbabwe's capital city plunged into darkness
Harare, the Zimbabwean capital city, usually a hub of activity even during late evening hours, was plunged into darkness last night due to a power outage. Even the State House, Zimbabwe House, and the...Published: 17 Dec 2024 at 04:41hrs | 2679 | by Staff reporter
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 515 | by Staff reporter
Zimbabwe clamps down on smuggling, counterfeit products
Authorities in Zimbabwe are intensifying efforts to combat the smuggling of consumer goods into the country and the proliferation of counterfeit and substandard products in the market to safeguard pub...Published: 13 Dec 2024 at 09:43hrs | 265 | by Staff reporter
No progress on Bulawayo-Nkayi Road
The long-awaited rehabilitation of the Bulawayo-Nkayi Road is moving at a slow pace, with DIFFLOCK Construction, the newly-appointed contractor, already establishing its base and advancing the project...Published: 10 Dec 2024 at 06:48hrs | 327 | by Staff reporter
'Mutapa Fund will become Zimbabwe's economic bedrock'
Finance, Economic Development, and Investment Promotion Minister, Mthuli Ncube, has expressed strong confidence in the future of the Mutapa Investment Fund (MIF), highlighting its potential as a key d...Published: 09 Dec 2024 at 07:03hrs | 680 | by Staff reporter
Travellers stranded as bus services halt in Beitbridge
Hundreds of travellers, including cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday after bus operators suspended services in response to a government-led anti-smuggling...Published: 08 Dec 2024 at 09:51hrs | 329 | by Staff reporter
Major crackdown on smuggling launched
A multi-agency operation targeting small businesses and cross-border transporters involved in smuggling and unethical practices has led to the impounding of dozens of vehicles, including buses and hau...Published: 08 Dec 2024 at 09:49hrs | 151 | by Staff reporter
Beitbridge route buses withdraw services
Hundreds of travelers, primarily cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday as bus operators withdrew their services, fearing that their buses would be impounded ...Published: 06 Dec 2024 at 06:38hrs | 7568 | by Staff reporter
Mnangagwa's govt faces lawsuit over delayed salaries
Government workers, including teachers, have turned to lawyers in an attempt to understand why they have not received the local currency component of their November pay and bonus, almost two weeks aft...Published: 02 Dec 2024 at 07:23hrs | 1093 | by Staff reporter
Mnangagwa has reclaimed Harare's 'Sunshine City' status, said mayor Mafume. Dumb and stupid singing for his supper
"Usa kangamwa chezuro nehope!" so goes the Shona adage, warning of the dangers of a selective memory. Zimbabweans have a very selective memory, they see only what they want to see and ignore the rest....Published: 30 Nov 2024 at 19:06hrs | 1446 | by Wilbert Mukori
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 M...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, emas...Published: 29 Nov 2024 at 18:47hrs | 736 | by Tendai Biti
Mnangagwa leaves Parliament in darkness
President Emmerson Mnangagwa walked out of the New Parliament Building in total darkness on Thursday, underscoring the severity of Zimbabwe's ongoing electricity crisis. The 82-year-old Zanu-PF leader...Published: 29 Nov 2024 at 07:18hrs | 2687 | by Staff reporter
Mnangagwa abruptly exited Parliament after a sudden power outage
President Emmerson Mnangagwa abruptly exited the New Parliament Building on Thursday after a sudden power outage plunged the chambers into darkness, moments after Finance Minister Mthuli Ncube conclud...Published: 28 Nov 2024 at 16:37hrs | 3160 | by Staff reporter
Zimbabwe introduces taxes on pizza, burgers, fries
Finance Minister Mthuli Ncube has announced a new 0.5% tax on fast foods and a 10% withholding tax on sports betting winnings, set to take effect on January 1, 2025. The measures, unveiled during...Published: 28 Nov 2024 at 16:17hrs | 2288 | by Staff reporter
FULL PRESENTATION SLIDES: Zimbabwe 2025 Budget - Prof Mthuli Ncube
THE 2025 NATIONAL BUDGET PRESENTATION 'Building Resilience for Sustained Economic Transformation' Presented to the Parliament of Zimbabwe byHON. PROF. MTHULI NCUBE ...Published: 28 Nov 2024 at 16:12hrs | 2573 | 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...Published: 28 Nov 2024 at 15:40hrs | 284 | by Staff reporter
Zimbabwean inflation slows
Zimbabwe's monthly inflation rate slowed for the first time in four months, as volatility that's plagued the nation's gold-backed ZiG currency shows signs of ebbing.Consumer prices rose 11.7% ...Published: 26 Nov 2024 at 19:37hrs | 451 | by Staff reporter
Zimbabwe Parliament resumes sitting
Parliament resumed sitting on Tuesday after a week-long break, which was taken to accommodate the Sadc Extraordinary Summit of Heads of State and Government hosted at the new Parliament Building in Mt...Published: 26 Nov 2024 at 17:48hrs | 95 | by Staff reporter
Bulawayo pegs 2025 budget at US$309m
The Bulawayo City Council (BCC) has unveiled a proposed budget of US$309 million for 2025, marking a 17% increase from the US$264 million budget for 2024. The proposal, presented by the Finance and De...Published: 30 Sep 2024 at 07:44hrs | 142 | by Staff reporter
GMB maize stocks fall
MAIZE stocks have declined in the nation's reserves at Grain Marketing Board (GMB) depots dotted across the country, and this may worsen food insecurity situation at a time when inflation and currency...Published: 11 Mar 2024 at 09:08hrs | 3 | by Staff reporter
Mthuli Ncube's taxes kick in
Zimbabweans will begin a new year tomorrow faced with a basket of new taxes, levies and fees that will push up the cost of living for many that are already struggling to make ends meet.Finance...Published: 31 Dec 2023 at 13:00hrs | 11 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 6 | by Staff reporter
Finance Ministry open to reevaluate 2024 Budget amid public backlash
In response to widespread concerns and criticisms from various quarters, Deputy Minister David Mnangagwa has announced the Finance Ministry's readiness to reevaluate the proposed 2024 budget. The budg...Published: 10 Dec 2023 at 07:35hrs | 13 | by Staff Reporter
NRZ passenger train service to be revived
PLANS are underway to capacitate the National Railways of Zimbabwe (NRZ) that will result in the revival of abandoned passenger services to ease the pressure on the country's major highways, Vice- Pre...Published: 06 Dec 2023 at 05:05hrs | 16 | by Staff reporter
Mthuli Ncube squeezes everyone
GOVERNMENT yesterday announced a cocktail of tax increases, pushing up the cost of living and ease of doing business after reviewing its 2024 revenue projection upwards by 22,22% to ZWL$53,9 trillion....Published: 02 Dec 2023 at 05:42hrs | 12 | by Staff reporter
Mnangagwa played a part in the formulation of the 2024 national budget
FINANCE minister Mthuli Ncube yesterday revealed that President Emmerson Mnangagwa played a part in the formulation of the 2024 national budget to be presented in Parliament this afternoon.Ncu...Published: 30 Nov 2023 at 06:57hrs | 1 | by Staff reporter
Zimbabwe govt to decentralise teacher recruitment
The Ministry of Primary and Secondary Education is actively implementing several measures to tackle the various challenges afflicting the education sector, which include shortages of teachers and scho...Published: 06 Nov 2023 at 04:50hrs | 15 | by Staff reporter
Trevor Ncube refuses to be cowed by George Charamba
ALPHA Media Holdings (AMH) platforms exist to serve Zimbabweans in their diversity and to help build the country, the group's chairman Trevor Ncube said yesterday.Speaking on the sidelines of ...Published: 20 Jul 2023 at 06:56hrs | 3 | by Staff reporter
Zesa 'ignored' calls over Kariba water
THE Zimbabwe Power Company (ZPC) made costly blunders by ignoring valuable advice by the Zambezi River Authority (ZRA) to stick to 550MW generation electricity at the Kariba South Hydro Power Station....Published: 02 Dec 2022 at 19:30hrs | 1 | by Staff rteporter
'7 000 more teachers not enough'
TEACHERS' unions have scoffed at Finance minister Mthuli Ncube's move to fund recruitment of only 7 000 teachers against an estimated shortfall of 100 000 educators.In his 2023 national budget...Published: 27 Nov 2022 at 14:54hrs | 2 | by Staff reporter
Beam has failed, says Artuz
THE Amalgamated Rural Teachers Union of Zimbabwe (Artuz) says government has failed to fund vulnerable children under the Basic Education Assistance Module (Beam) programme.This year, $4,1 bil...Published: 26 Oct 2022 at 05:59hrs | 1 | by Staff reporter
ZESA says NO to Chiwenga's 2023 budget address
VICE President and health minister Constantino Chiwenga's 2023 budget presentation was Monday afternoon interrupted by a ZESA power in a poignant moment for the country's top leadership.Ordina...Published: 25 Oct 2022 at 19:40hrs | 7 | by Staff reporter
Harare infrastructure now 20 years behind maintenance, says mayor
Harare mayor Jacob Mafume says the city's infrastructure is now 20 years behind its rehabilitation schedule and regrets the authority's endless financial woes that have made it impossible to undertake...Published: 22 Sep 2022 at 06:13hrs | 1 | by Staff reporter
Mudenda castigates citizens who speak ill of Zimbabwe
Speaker of Parliament Advocate Jacob Mudenda has castigated Zimbabweans who speak ill about the country when they are in foreign lands.Adv Mudenda was speaking during a plenary session on the ...Published: 16 Sep 2022 at 06:05hrs | 3 | by Staff reporter
Mthuli Ncube evades Parliament grilling
UNDERFIRE Finance minister Mthuli Ncube on Thursday dodged Senate after he was summoned to give a ministerial statement on the currency crisis, gold coins and state of the economy.Senate deput...Published: 23 Jul 2022 at 07:32hrs | 11 | by Staff reporter
Zimbabwe's Chinese Parly building complete
Epitomising magnificence, the imposing six-storey circular Parliament Building in Mount Hampden sitting on a 70-metre platform above the picturesque surrounding area, symbolically projecting legislati...Published: 28 Jun 2022 at 07:14hrs | 14 | by Staff reporter
Govt imposes mandatory quarantine
PRESIDENT Emmerson Mnangagwa yesterday imposed mandatory quarantine for returning citizens and foreigners entering the country and tightened lockdown measures amid concern over the new COVID-19 Omicro...Published: 01 Dec 2021 at 05:39hrs | 9 | by Staff reporter
Biti dismisses Mthuli's 2022 budget 'mediocrity'
FINANCE minister Mthuli Ncube yesterday presented a $927,3 billion budget with an ambitious gross domestic product growth projection of 5,5% for 2022, but former Finance minister Tendai Biti dismissed...Published: 26 Nov 2021 at 08:21hrs | 10 | by Staff Reporter
BCC to hold WhatsApp budget consultations
BULAWAYO City Council will for the second year running hold WhatsApp-based budget consultation meetings and also present the 2022 budget projections via the social networking platform.Last yea...Published: 26 Sep 2021 at 10:13hrs | 9 | by Staff Reporter
Bulawayo residents object to virtual budget review
THE Bulawayo Progressive Residents Association (BPRA) has objected to plans by the local authority to conduct a joint virtual 2021 budget review and 2022 budget presentation, arguing the processes wer...Published: 25 Sep 2021 at 06:06hrs | | by Staff reporter
No need to compare Tendai Biti and Prof Mthuli Ncube
Following the recently introduced Statutory Instrument number 127 of 2021, where government has instructed the business community to use the Reserve Bank of Zimbabwe (RBZ) auction floor exchange rate,...Published: 03 Jun 2021 at 20:13hrs | 1 | by Mukachana Hanyani
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 3 | by Cliff Chiduku
Zimbabwe border posts prepare for radiation control
THE Radiation Protection Authority of Zimbabwe is setting up shop at the country's ports of entry to enforce the new Government requirements on vehicle imports. Under the new regulations, (S1 ...Published: 09 Dec 2020 at 05:46hrs | 2 | by Staff reporter
Parly gets the very short end of stick
FINANCE and Economic Development Minister Professor Mthuli Ncube needed to be at his frugal-best when he was crafting the 2021 National Budget.Funding requests to Treasury for the 2021 financi...Published: 06 Dec 2020 at 07:51hrs | 1 | by Staff reporter
Mthuli Ncube US$100m for Sovereign Wealth Fund
AN equivalent of US$100 million has been set aside in the National Budget to operationalise the Sovereign Wealth Fund (SWF), established about five years ago to build reserves for long term savings, F...Published: 30 Nov 2020 at 05:53hrs | 1 | by Staff reporter
Mthuli Ncube reduces taxes
FINANCE minister Mthuli Ncube yesterday gave struggling workers something to cheer about ahead of the festive season when he presented his 2021 National Budget in Harare - significantly easing tax thr...Published: 27 Nov 2020 at 17:09hrs | | by Staff reporter
Chikwinya blasts toll fees hike
MDC Alliance national secretary for transport and logistics, Settlement Chikwinya has blasted the recent hike in tollgate fees saying it will strain the already finacially-struggling motorists and int...Published: 26 Nov 2020 at 07:30hrs | | by Staff reporter
Load More Stories
