Zimbabwe’s economy is bleeding, has been for a while, but the upcoming budget statement by finance minister Mthuli Ncube presents him with the opportunity to suture up the economic wounds. By Perry Munzwembiri More importantly, […]
Zimbabwean president Emmerson Mnangagwa has resorted to the use of temporary powers to deal with illegal currency traders as the southern African country continues to experience crippling foreign currency challenges. Under regulations that come into […]
GOVERNMENT’s ongoing economic reform agenda has to be buttressed by legislative provisions that will enhance the ease of doing business and stimulate domestic production, economic advisor Professor Ashok Chakravarti has said. Speaking at the 2019 […]
FINANCE and Economic Development minister Mthuli Ncube’s maiden national budget should target the revival of the productive sectors of the economy to set the tone for revival, business has advised. BY MTHANDAZO NYONI Ncube, a […]
PRESIDENT Emmerson Mnangagwa yesterday vowed to clamp down on cartels involved in various corrupt activities such as fraud, money-laundering, insider trading and manipulation of government procurement tenders, saying these “saboteurs” were behind the country’s current […]
HARARE – Zimbabwe will with effect from today start drawing down on a $250 million line of credit facility from a United Kingdom-based firm, Gemcorp Capital, an international independent investment fund management entity that focuses […]
HARARE (Reuters) – Zimbabwe wants to reduce its budget deficit to 4 percent of gross domestic product in 2019, down from an 11.1 percent forecast this year through various expenditure cuts, Finance Minister Mthuli Ncube […]
FINANCE minister Mthuli Ncube has said he will present his maiden budget statement on November 22, in what will be a litmus test of how he will address Zimbabwe’s economic crisis. BY FIDELITY MHLANGA Shortages […]
HARARE ‑ It’s only a few weeks before the coup plotters celebrate the Second Republic, which came after the military helped oust Robert Mugabe, then leader of the country for the first 37 years since […]
ANALYSISBy Derek Matyszak October’s economic turmoil in Zimbabwe has again highlighted the precarious state of the country’s economy. A casual social media post or imprudent policy statement by a government official is enough to cause […]
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