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'Mthuli Ncube has no authority to backdate tax'
LEGAL think tank Veritas has said Finance minister Mthuli Ncube, who recently exempted Chinese telecommunications giant Huawei Technologies from paying income tax, has no jurisdiction to backdate tax....Published: 8 hrs ago | 1714 | by Staff reporter
I need to see one article from Mthwakazi Parties condemning Jonathan Moyo for supporting Robert Mugabe to the bitter end!
Israel Dube does not cease to amaze me each time he writes articles on Bulawayo24 regarding the Mthwakazi nation and how they are going to liberate it. His latest article was all subtly pointing at Ma...Published: 22 hrs ago | 1483 | by Nomazulu Thata
Zimbabwe fuel shortage a proof govt needs clarity on policies
THE acute fuel shortages that have been experienced over the last few months are clear proof that the government needs to have clarity in terms of policy because currently, they are operating like a c...Published: 21 Feb 2020 at 05:54hrs | 364 | by Staff reporter
Mahere taunts Mthuli Ncube
MDC top official and lawyer, Fadzayi Mahere has accused Finance Minister Mthuli Ncube of being a clueless treasury chief who had no idea on how to solve the country's problems.Writing on Twitt...Published: 20 Feb 2020 at 16:05hrs | 3945 | by Staff reporter
IMF meeting on Zimbabwe set for Monday
THE International Monetary Fund (IMF) will hold its crucial meeting on Zimbabwe in Washington DC on Monday next week, businessdigest has learnt.The Bretton Woods institution will discuss the economic ...Published: 20 Feb 2020 at 13:32hrs | 1017 | by Staff reporter
'Zimbabwe is redollarising, not de-dollarising'
On Tuesday, ZUVA Petroleum announced that eight of its service stations would be accepting foreign currency payments as number of fuel operators continue to withhold the liquid.ZUVA said four ...Published: 20 Feb 2020 at 13:29hrs | 659 | by Staff reporter
Gukurahundi commissions nothing but a waste of taxpayers money
The meeting that took place between ZANU-PF president Emerson Dambudzo Mnangagwa , who is also the chief architect of the Matabeleland Gukurahundi Genocide and so called Matabeleland Civic Society (fo...Published: 20 Feb 2020 at 13:27hrs | 192 | by Mr Mbonisi Gumbo
Zimdollar stays, insists Mthuli Ncube
FINANCE minister Mthuli Ncube yesterday vowed that government will not take the Zimdollar out of circulation despite pleas by MPs across the political divide that it had brought suffering to Zimbabwea...Published: 20 Feb 2020 at 13:25hrs | 677 | by Staff reporter
What de-dollarising Mr Mangudya?
THE monetary authorities must just accept the obvious, the country is re-dollarising and not de-dollarising.When you reach a point where even government itself is offering United States dollar...Published: 20 Feb 2020 at 13:24hrs | 132 | by Staff reporter
'Bond money is useless now'
Former MDC legislator Norman Mpofu has said the Bond money in Zimbabwe has been rendered useless and the authorisation of some firms to trade in forex is a clear sign that the local currency is no lon...Published: 20 Feb 2020 at 11:06hrs | 3355 | by Stephen Jakes
Parliamentarians sleeping on duty
It boggles the mind that out of the more than 260 Members of Parliament, it only took Senator Omega Hungwe to advance a motion in Parliament to petition legislators to consider reviewing "O" and "A" L...Published: 19 Feb 2020 at 20:29hrs | 835 | by Manuel Nyawo
Mangudya and Mthuli's economic policies failing as the RTGS tumbles
As the Zimbabwe's economy meltdown continues to hit the vulnerable people from both the urban and rural areas, President Emmerson Mnangagwa's new dispensation has been put on a litmus test...Published: 19 Feb 2020 at 07:42hrs | 4364 | by Leonard Koni
Politicians continue to bicker while Zimbabweans are starving
Zimbabwe is teetering on the edge of a large-scale humanitarian crisis and South Africa and the Southern African Development Community (SADC) cannot afford to ignore it. Half the population (7.7 milli...Published: 18 Feb 2020 at 22:16hrs | 1073 | by Ringisai Chikohomero
Lest we forget about Mthuli Ncube
VERY much in our memory and captured on camera, sometime back, Finance and Economic Development minister Mthuli Ncube referred to our bond notes as "bad money driving out good money" such that he wish...Published: 18 Feb 2020 at 20:15hrs | 1085 | by Kurauone Mutemaringa
Mthuli Ncube key witness in Jokonya trial
FINANCE minister Mthuli Ncube is billed to testify as one of the chief witnesses in Zimbabwe Revenue Authority (Zimra) board chairperson Callisto Mazorodze Jokonya's graft trial.Jokonya is bei...Published: 18 Feb 2020 at 18:20hrs | 2215 | by Staff reporter
RBZ maintains $300 bank withdrawal limits
RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya remains tight-lipped on cash withdrawal limits by individual depositors in a Monetary policy statement in which he reported declining inflation a...Published: 18 Feb 2020 at 06:33hrs | 4023 | by newzimbabwe
RBZ, industry disagree on de-dollarisation
The Reserve Bank of Zimbabwe (RBZ) and captains of industry on Friday sharply differed on the currency in use in local trading.Government mid-last year outlawed use of multi currencies i...Published: 18 Feb 2020 at 06:33hrs | 5879 | by Staff reporter
Decent salaries guarantee stability
FOR any economy to develop, there is need for stability in the country, and stability can only be realised when people are able to put food on the table. But as the Zimbabwean economy continues on a d...Published: 18 Feb 2020 at 05:51hrs | 779 | by Staff reporter
Mthuli Ncube explains subsidised roller meal system
GOVERNMENT is next week expected to roll out the new targeted system for the distribution of subsidised roller meal to vulnerable groups with more work still needed to upgrade the database of urban be...Published: 18 Feb 2020 at 05:41hrs | 1255 | by Staff reporter
Database for roller meal beneficiaries out soon, says Mthuli Ncube
Government is compiling a database of the vulnerable in urban areas who will benefit from subsidised roller meal. Finance and Economic Development Minister Mthuli Ncube yesterday said: "The ex...Published: 18 Feb 2020 at 05:35hrs | 1069 | by Staff reporter
Duty on vehicle kits suspended
THE government has suspended duty on semi-knocked down (SKD) single and double cab motor vehicle kits imports by approved car assemblers.According to the latest Government Gazette, the suspens...Published: 17 Feb 2020 at 20:08hrs | 2275 | by Staff reporter
Mthuli Ncube rapped over policy announcements
PARLIAMENT on Wednesday rapped Finance minister Mthuli Ncube for rushing to make policy announcements pertaining to his ministry on international fora and the media before addressing local legislators...Published: 17 Feb 2020 at 10:50hrs | 2619 | by Staff reporter
The market has redollarised, says Biti
MDC vice-president Tendai Biti (TB), who during the inclusive government era, served as Finance minister speaks to NewsDay (ND) senior reporter Blessed Mhlanga on the failing Zimbabwe dollar and other...Published: 17 Feb 2020 at 10:45hrs | 1948 | by Staff reporter
Zimbabwe inflation falls to 2.23% in January
Zimbabwe's inflation rate fell sharply to 2.23% month on month in January, from 16.55% the previous month, driven down by smaller increases in the price of food and non-alcoholic drinks, statistics ag...Published: 16 Feb 2020 at 18:11hrs | 1470 | by Reuters
Where is the empathy from the regime
YESTERDAY, February 14, Zimbabweans in relationships celebrated Valentine's Day. It is a day that has been commercialised, but its origins may not have changed much over the centuries — celebrating ...Published: 16 Feb 2020 at 18:09hrs | 557 | by Paidamoyo Muzulu
Zimbabwe recession deeper than thought?
Nyasha Mutseyekwa, a minivan transporter in Zimbabwe's capital Harare, cannot afford new tyres for his ramshackle kombi, selling at US$45 for a good second hand.Whether he opted to pay in US c...Published: 16 Feb 2020 at 17:35hrs | 944 | by Staff reporter
Mthuli Ncube want banks to increase interest rates on savings deposits
FINANCE and Economic Development Minister Professor Mthuli Ncube has implored banks to consider increasing interest rates on savings deposits so as to attract more depositors and bring back confidence...Published: 16 Feb 2020 at 08:34hrs | 430 | by Staff reporter
Monetary policy to focus on rate stability
The exchange rate and its implications on inflation or price hikes is probably the most closely monitored economic factor in Zimbabwe right now, and that is for a very good reason.If one...Published: 16 Feb 2020 at 08:31hrs | 328 | by Staff reporter
MDC MPs probed for walking out on Mnangagwa
PARLIAMENT has started investigations into a series of alleged misconduct acts by the main opposition MDC MPs who either refused to stand up for President Emmerson Mnangagwa when attending Parliament ...Published: 15 Feb 2020 at 11:19hrs | 136 | by newzimbabwe
Tsvangirai was a Prophet
Today marks exactly two Years after we lost the founding Father of MDC Dr Richard Morgan Tsvangirai.His death shocked the whole Nation....Published: 14 Feb 2020 at 18:48hrs | 4679 | by Fanuel Chinowaita
Mugabe's legacy and Shona triumphalism: Zimbabwe's case for a two-state solution
ZIMBABWE, which was called Rhodesia before its attainment of independence in 1980, is a former British colony.Although there are over ten tribes that inhabit the country, Zimbabwe can neatly b...Published: 14 Feb 2020 at 17:59hrs | 4431 | by George Mkhwanazi
Court ruling costs industry US$20bn
ZIMBABWE's industrial and financial sector is estimated to have lost more than US$20 billion following the Supreme Court ruling allowing for the settling of United States dollar debts, acquired before...Published: 14 Feb 2020 at 06:52hrs | 1250 | by Staff reporter
Zupco subsidy a red herring, says MPs
FINANCE minister Mthuli Ncube has come under fire from legislators over subsidising mealie-meal at 25% compared to Zupco’s 80% subsidy amid widespread hunger.During a Parliament sitt...Published: 14 Feb 2020 at 06:29hrs | 1159 | by Staff reporter
Mthuli Ncube backs wage increase calls
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has backed calls for public and private sector wage increases to cushion workers from price escalation linked to foreign currency exc...Published: 14 Feb 2020 at 06:01hrs | 842 | by Staff reportert
Mthuli Ncube to start publishing inflation statistics
Zimbabwe will start publishing year-on-year inflation statistics from this month, with the February 2019 to February 2020 figure expected next month. This follows the building of data on prices in the...Published: 14 Feb 2020 at 05:52hrs | 118 | by Staff reporter
Mnangagwa's govt introduces roller meal coupons
Coupons will be issued within a week to targeted households to buy subsidised roller meal with the database of beneficiaries at an advanced stage, a Cabinet Minister has said. The coupon syste...Published: 13 Feb 2020 at 07:48hrs | 904 | by Staff reporter
This is how Zimbabwe's economy will overcome its hurdles
Zimbabwe's economy will overcome the numerous hurdles which lay before us on the path towards prosperity. These obstacles are patent, and in some cases potent. But with hard work, proper plannin...Published: 12 Feb 2020 at 21:49hrs | 2428 | by Prof Mthuli Ncube
'Revolutions if don't chuck out leaders a.s.a.p' said G Orwell - 40 years, our supremacists still there
"Despite all the hurdles and all the barriers, Zimbabwe in 2019 leaped 15 places in the Global Ease of Doing Business rankings. As we look to improve this in 2020, privatisation is a big part of this ...Published: 12 Feb 2020 at 21:43hrs | 1237 | by Nomusa Garikai
'Zimbabwe's future is exciting' says Mthuli Ncube
Finance and Economic Development Minister Mthuli Ncube has expressed optimism over the economic future of the country saying the government is implementing reforms that will make Zimbabwe exciting. ...Published: 12 Feb 2020 at 16:27hrs | 4106 | by Mandla Ndlovu
Market rejects Zimdollar
PRESSURE is mounting from business, labour and informal traders for government to abandon the Zimbabwe dollar, which is being rejected as a medium of exchange because of lack of confidence and its ins...Published: 12 Feb 2020 at 06:07hrs | 2482 | by Staff reporter
CBZ bows down to client backlash
FINANCIAL services group, CBZ Holdings, says it will review downwards its Point of Sale (POS) charges following a backlash from its customers. Frustrated consumers took to social media platfor...Published: 12 Feb 2020 at 05:39hrs | 3071 | by Staff reporter
Zimdollar stability key, says Mthuli Ncube
ONE of Government's main priorities this year is exchange rate stability that Treasury says will be achieved through the Reuters Trading System and keeping an eye on money supply growth, a Cabin...Published: 12 Feb 2020 at 05:34hrs | 442 | by Staff reporter
Mnangagwa tops Biti's corruption list
OPPOSITION MDC Vice President Tendai Biti says President Emmerson Mnangagwa is the most corrupt individual in Zimbabwe.Biti has also called for the arrest and prosecution of Mnangagwa whose co...Published: 11 Feb 2020 at 15:41hrs | 2822 | by Staff writer
Roller meal price hiked by 40%
Government has reviewed the price of subsidised roller meal to $70 from $50 per 10 kilogrammes with immediate effect.In December 2019, Government introduced a roller meal subsidy pegged at $50...Published: 11 Feb 2020 at 14:59hrs | 1861 | by Staff reporter
Mealie meal price goes up
The Minister of Finance Mthuli Ncube has announced that the price of roller meal has been reviewed from ZWL$50 to ZWL$70. The announcement came a day after ZANU PF Minister Raj Modi stopped sh...Published: 11 Feb 2020 at 14:24hrs | 1113 | by Mandla Ndlovu
Chirundu Border Post to operate 24 hours
THE need to make Chirundu Border Post operate on a 24-hour basis is increasingly becoming apparent after volume of trade through the border increased significantly, Finance and Economic Development mi...Published: 11 Feb 2020 at 06:19hrs | 583 | by Staff reporter
Zimbabwe pension funds to invest offshore
THE Pensions and Provident Fund Bill, to be presented to Parliament before June, will allow pension funds to invest 20% of their assets offshore as the industry pushes for protection against recurrent...Published: 11 Feb 2020 at 06:16hrs | 438 | by Staff reporter
Kuda Tagwirei is Zimbabwe's de-facto Finance Minister, says Biti
MDC Vice President and legislator Tendai Biti has accused maverick business mogul and President Emmerson Mnangagwa's ally, Kuda Tagwirei of capturing and running the country's Finance Ministry....Published: 11 Feb 2020 at 05:30hrs | 3238 | by Staff reporter
Penalties for businesses demanding forex
Businesses selling goods and services in foreign currency face stiff penalties for defying the Government, Finance and Economic Development Minister Mthuli Ncube has said. Statutory Instrument...Published: 10 Feb 2020 at 05:33hrs | 524 | by Staff reporter
Mthuli Ncube commissions housing units for Zimra officers
Finance Minister, Mthuli Ncube, Saturday commissioned 20 new housing units for ZIMRA staff built at a cost of US$4m at the Chirundu Border Post.Speaking during the commissioning ceremony, Ncub...Published: 09 Feb 2020 at 15:17hrs | 2412 | by Staff reporter
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