Search / Mthuli ncube
Masarira pens open letter to Mnangagwa
Linda Masarira, leader of the opposition LEAD party, has penned an open letter to the country's President, Emmerson Mnangagwa, over the country's status quo.Masarira who some believe is linked...Published: 10 hrs ago | 4408 | by Daniel Itai, Harare, Zimbabwe
Civil servants push for another wage hike
Civil Servants have made fresh wage demands on the government as Zimbabwe's economy battles rising inflation and a weakening domestic currency.Progressive Teachers' Union of Zimbabwe secretary...Published: 10 hrs ago | 1881 | by Staff reporter
Zimdollar return premature, says Gono
FORMER Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has said the reintroduction of the Zimbabwean dollar, which has been rapidly losing value since its re-introduction in June last year, was pr...Published: 23 hrs ago | 6371 | by Staff reporter
Fresh details emerge in Noic pipeline saga
FRESH details have emerged that Treasury directed the state-owned National Oil and Infrastructure Company (Noic) to handpick only one firm to supply 720 million litres of fuel over 24 months, in a pro...Published: 23 hrs ago | 1201 | by Staff reporter
No pay for striking nurses
STRIKING health workers did not receive their July salaries after the Health Services Board (HSB) implemented the no-work-no-pay principle but talks are underway for them to be put back on the payroll...Published: 23 hrs ago | 990 | by Staff reporter
'Chiwenga best hands to cure ailing health sector'
SMALL and Medium Enterprises minister Sithembiso Nyoni says Vice President Constantino Chiwenga was ideal for the highly demanding health ministry portfolio.President Emmerson Mnangagwa Tuesda...Published: 06 Aug 2020 at 13:12hrs | 1847 | by newzimbabwe
Ongoing 'keyboard war' against Mnangagwa's Govt doomed to fail
The ongoing attack on Zimbabwe by racist elements and their local puppets is betrayed by its timing. The attacks which were supposed to climax in the failed July 31 protests, have now been turned into...Published: 06 Aug 2020 at 09:05hrs | 660 | by Staff reporter
Mnangagwa to inspect roadworks
Progress on the dualisation of the Harare-Masvingo-Beitbridge highway by local contractors comes under spotlight tomorrow as President Mnangagwa inspects work. Government has prioritised road ...Published: 06 Aug 2020 at 08:57hrs | 939 | by Staff reporter
Law on anti-Zimbabwe lobbying on cards
Political parties should be placed under a uniform code of conduct, hate speech should be banned and campaigning against Zimbabwe criminalised, the Cabinet Committee on National Peace and Reconciliati...Published: 06 Aug 2020 at 08:57hrs | 350 | by Staff reporter
Curfew betrays govt anger towards citizens
HIS Excellency, the imposition of the sunset to sunrise curfew prompts me to write to you, yet again. Notwithstanding the spike inconfirmedCOVID-19cases, the country has long been languishing at a rec...Published: 05 Aug 2020 at 08:15hrs | 995 | by Cyprian M Ndawana
Land reform beneficiaries must compensate ex-farmers
GOVERNMENT'S US$3,5 billion compensation offer to former commercial farmers dispossessed of land during the land reform programme has raised a lot of anxiety within and outside the country's borders, ...Published: 04 Aug 2020 at 08:19hrs | 1167 | by Staff reporter
Mthuli Ncube misleading Mnangagwa, says Mashakada
FORMER Economic Planning and Investment Promotion minister Tapiwa Mashakada has accused Finance minister Mthuli Ncube of misleading President Emmerson Mnangagwa and the nation through his continued de...Published: 04 Aug 2020 at 08:12hrs | 1646 | by Staff reporter
'Security sector hijacks Zimbabwe economy'
ZIMBABWE'S security sector has taken over control of all levers of the national economy, making it difficult to eliminate corruption as the "law does not apply to them", the Public Policy Research Ins...Published: 04 Aug 2020 at 08:10hrs | 1541 | by Staff reporter
Compensating white farmers hypocritical, says Zapu
Zapu accused President Emmerson Mnangagwa's government of hypocrisy.Government on Tuesday inked a US$3,5 billion compensation deal with white former commercial farmers for improvements on the ...Published: 02 Aug 2020 at 09:00hrs | 91 | by Staff reporter
White Compensation; How about ZAPU Properties?
The European colonialists dispossessed our forefather of their land through a bloody and barbaric grab which left them poverty stricken and marginalised. It beggars belief that the formerly dispossess...Published: 31 Jul 2020 at 16:14hrs | 1202 | by Iphithule Maphosa
Global financiers shut out Zimbabwe
GOVERNMENT says it is failing to access international financial aid necessary in mitigating the social and economic effects of the Covid-19 pandemic because of sanctions imposed on Zimbabwe by Western...Published: 31 Jul 2020 at 07:58hrs | 2524 | by Staff reporter
Civil servants struggle to use US$75 allowances
CIVIL servants are facing challenges utilising US$75 deposited into their accounts by Government as a flat non-taxable Covid-19 monthly allowance. The news crew understands that those who rece...Published: 30 Jul 2020 at 08:52hrs | 1411 | by Staff reporter
Zimbabwe to pay US$3.5 billion compensation to white farmers
Zimbabwe agreed on Wednesday to pay US$3.5 billion in compensation to white farmers whose land was expropriated by the government to resettle black families, moving a step closer to resolving one the ...Published: 29 Jul 2020 at 17:10hrs | 687 | by Reuters
'Mthuli Ncube cannot revive the economy within a few years'
Zanu-PF Politburo member, Tshinga Dube, has said Finance and Economic Development Minister, Professor Mthuli Ncube, cannot revive Zimbabwe's economy, which has been mismanaged for 40 years in just a f...Published: 28 Jul 2020 at 17:47hrs | 2814 | by Staff reporter
ZSE to resume trading on 3 August 2020
The Zimbabwe Stock Exchange is set to resume trading on August 3, 2020 without three of the dual-listed stocks, which have been suspended to allow further consultations. In a statement, F...Published: 28 Jul 2020 at 17:42hrs | 554 | by Staff reporter
'My new partner is worse than the one I had before'
IN 2013, we had good neighbours, a couple who suddenly started having problems in their marriage and would seek our help to solve their issues. They were not really big problems as such, but misunders...Published: 28 Jul 2020 at 09:32hrs | 4672 | by Joseph Maniragena
Old Mutual to stop trading its shares on the Zimbabwe Stock Exchange
Old Mutual is poised to stop trading its shares on the Zimbabwe Stock Exchange, the latest step in the government's efforts to bring order to its chaotic foreign-exchange market.The insurer ag...Published: 27 Jul 2020 at 21:33hrs | 3668 | by Bloomberg
Mnangagwa to sell NetOne to MTN?
MDC Alliance Vice President Tendai Biti has claimed that President Emmerson Mnangagwa and business tycoon Kuda Tagwirei are plotting to sell NetOne to MTN South Africa in a bid to frustrate Strive Mas...Published: 27 Jul 2020 at 12:42hrs | 13084 | by Mandla Ndlovu
Govt misled civil servants on US$75 allowances
GOVERNMENT'S treatment of its workers particularly barring them from accessing their US$75 allowances in hard currency merely demonstrates how it has perfected the art of frustrating not only its empl...Published: 27 Jul 2020 at 08:48hrs | 3775 | by Staff reporter
Mthuli Ncube to give US$4 to Zimbabwean families
Minister of Finance and Economic Development Professor Mthuli Ncube will be giving $300 monthly (about US$4) to families affected by the deadly Coronavirus pandemic. The state media reported t...Published: 26 Jul 2020 at 12:32hrs | 3198 | by Mandla Ndlovu
Was the shutting down of mobile money, ZSE a necessary evil?
ON June 26, 2020 the Information ministry announced in a tweet that all mobile money transactions and the Zimbabwe Stock Exchange (ZSE) would stop transacting forthwith.The authorities halted ...Published: 26 Jul 2020 at 11:11hrs | 2667 | by Admire Maparadza Dube
Zimbabweans companies want to trade in Rand
CAPTAINS of industry in Bulawayo have pleaded with the Minister of Finance and Economic Development, Professor Mthuli Ncube, to promote the wide use of the South African rand to complement the multi-f...Published: 26 Jul 2020 at 10:57hrs | 645 | by Staff reporter
ZimDollar future bright, says Mthuli Ncube
FINANCE and Economic Development Minister Professor Mthuli Ncube yesterday reiterated that there was no going back on the use of the Zimbabwe dollar, adding that the future of the local currency was "...Published: 25 Jul 2020 at 08:32hrs | 1731 | by Staff Reporter
Mnangagwa's Zimbabwe tumbles on business rankings
ZIMBABWE, in the throes of its worst political and economic crisis in more than a decade, has the highest country risk in the whole of Southern Africa, a report has revealed.The country is con...Published: 24 Jul 2020 at 08:21hrs | 3751 | by Staff reporter
Zimbabwe govt, Old Mutual smoke peace pipe
GOVERNMENT is set to hold a crucial meeting with Old Mutual over the standoff between the two parties in which the largest financial services company has been accused of stoking currency volatility on...Published: 24 Jul 2020 at 08:21hrs | 4733 | by Staff reporter
Zimbabwe's future bright, claims Mthuli Ncube
FINANCE minister Mthuli Ncube on Wednesday told Senate that Zimbabwe's future was bright, adding that the economy would witness growth next year despite the severe economic difficulties currently bein...Published: 24 Jul 2020 at 08:04hrs | 1273 | by Staff reporter
Lawyers worry over Mthuli Ncube silence
THE Zimbabwe Environmental Law Association (Zela) has noted with concern the silence of the mid-term budget and economic review on the extractive industries transparency initiative (EITI) adoption pro...Published: 23 Jul 2020 at 20:27hrs | 943 | by Staff reporter
No US$75 joy for civil servants
CIVIL servants yesterday expressed anger after failing to access their US$75 allowances as promised by the government, accusing their employer of being insincere.Government last month promised...Published: 23 Jul 2020 at 20:20hrs | 1217 | by Staff reporter
Forex traders to pay US$ tax
Government has come up with a legal instrument compelling traders selling goods and services in foreign currency to pay taxes in the currency in which they levy their customers, Senators heard yesterd...Published: 23 Jul 2020 at 20:17hrs | 408 | by Staff reporter
Mthuli Ncube's officials fail to appear before Tendai Biti
FINANCE ministry permanent secretary George Guvamatanga and his ministry officials yesterday failed to appear before the Tendai Biti-led Public Accounts Committee to give oral evidence on the Finance ...Published: 21 Jul 2020 at 09:24hrs | 2255 | by Staff reporter
July 31 & the Political Economy Failures of Sorts
It was during the French Revolution of the 1780s when a scholar noted that, ‘things must be bad in society for men to throw everything in violence. Men cannot risk everything for nothing.' The prote...Published: 20 Jul 2020 at 11:49hrs | 1556 | by Robert Sigauke
Why hated Zimdollar is headed in one direction
On July 9, 2020, my young liberal team and I sampled a few of our country's top economic analysts on a Zoom conference on Zimbabwe's precarious currency conundrum.Likely though it seems, one c...Published: 19 Jul 2020 at 18:53hrs | 3642 | by Rejoice Ngwenya
Plans afoot to reopen ZSE
The government may allow trade on the Zimbabwe Stock exchange (ZSe) to resume as early as this week, according to three people familiar with the situation.The plans for the reopening have yet ...Published: 19 Jul 2020 at 09:23hrs | 1091 | by Bloomberg
Zimbabwe gears for energy surplus?
Zimbabwe will have enough power to push forward its rapid industrialisation from 2023 and is poised to become an exporter of electricity as new coal and coal gas generation capacity being planned or c...Published: 18 Jul 2020 at 08:37hrs | 554 | by Staff reporter
Mnangagwa divides Chamisa camp
SHARP divisions rocked the Nelson Chamisa-led MDC Alliance yesterday ahead of the presentation of Finance minister Mthuli Ncube's mid-term fiscal review statement, with some party executives threateni...Published: 17 Jul 2020 at 07:51hrs | 13535 | by Staff reporter
Mnangagwa orders Ncube to arm riot police
PRESIDENT Emmerson Mnangagwa has instructed Treasury to urgently buy a fleet of brand new vehicles for the police, including all-terrain troop carriers, water cannons, buses and equipment used by riot...Published: 17 Jul 2020 at 07:51hrs | 14837 | by Staff reporter
'Mthuli economic review damp squib'
ZIMBABWE'S main opposition MDC Alliance party yesterday described the 2020 midterm budget and economic review statement presented by Finance Minister Mthuli Ncube as a damp squib for failing to addres...Published: 17 Jul 2020 at 07:46hrs | 1218 | by Staff reporter
Mnangagwa's govt piles more misery on transacting public
FINANCE and Economic Development minister Mthuli Ncube yesterday piled more misery on the transacting public by introducing a 2% intermediated tax on foreign currency electronic transactions with effe...Published: 17 Jul 2020 at 07:46hrs | 2661 | by Staff reporter
Mthuli Ncube avoids supplementary budget
GOVERNMENT has remained vague on how it plans to provide safety nets for vulnerable citizens despite the growing social needs in the economy as Finance minister Mthuli Ncube yesterday failed to table ...Published: 17 Jul 2020 at 07:45hrs | 559 | by Staff reporter
Mthuli Ncube's 2% tax extended to forex transactions
Treasury has extended the Intermediated Money Transfer Tax, more commonly known as the 2 percent tax, to foreign currency transactions. Earlier this year, Government legalised the use of the U...Published: 17 Jul 2020 at 07:43hrs | 1273 | by Staff reporter
Tax free threshold now $5 000
Government has increased the Tax free threshold to $5,000 up from $2,000 while those earning above $100,000 will pay 40 percent tax.This was said by Finance and Economic Development Minister M...Published: 16 Jul 2020 at 18:25hrs | 5082 | by Staff reporter
MDC Alliance statement on Mnangagwa's legitimacy
MDC Alliance Secretary General Charlton Hwende has issued a statement reaffirming the party's statement that they do not recognize President Emmerson Mnangagwa as the President of the country. ...Published: 16 Jul 2020 at 11:41hrs | 8202 | by Mandla Ndlovu
Mthuli Ncube's reality check
Finance minister Mthuli Ncube will today present the Mid Term Fiscal Statement.The outbreak of the novel coronavirus, which is also known as Covid-19, disrupted business both in the public and...Published: 16 Jul 2020 at 08:03hrs | 4948 | by Staff reporter
Showdown looms over US$ salaries
Civil servants have requested a post-Mid-Term Fiscal Policy review meeting with the ministries of Finance and Public Service Labour and Social Welfare and central bank chief John Mangudya as they push...Published: 16 Jul 2020 at 08:02hrs | 6780 | by Staff reporter
Conventional economics do not often apply to the Zimbabwean economy
CONVENTIONAL economics do not often apply to the Zimbabwean economy. If we take as an example the period during the government of national unity (GNU) from 2009 to 2013, the hard currency revenues to ...Published: 16 Jul 2020 at 07:49hrs | 1495 | by Eddie Cross
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