Since the advent of the COVID-19 pandemic and its disruptions to economic activities around the world, the state–funded stimulus packages meant to offer soft landing for businesses have come under immense scrutiny. Public funds by nature have always been subject to increased levels of accountability and
The economy is set to contract to -4.5 percent against original projection of 3 percent in 2020 due to the impact of a successive drought, currency volatility and Covid-19 outbreak, Finance and Economic Minister, Mthuli Ncube said this afternoon. This has been necessitated by under-performance of
Finance and Economic Development Minister, Mthuli Ncube has castigated the country’s legal and institutional framework relating to illegal trading of foreign currency as ineffective in fighting rampant parallel market activities. Since the reintroduction of the Zimbabwean dollar, monetary authorities have been grappling to contain the exchange
Buhera South legislator, Joseph Chinotimba has warned government against imposing excessive taxes and price hikes on citizens saying such actions will provoke civil disobedience and bring instability into the country. Raising a point of privilege in Parliament yesterday, Chinotimba made reference to the recent 2.5 percent
Finance and Economic Development Minister, Mthuli Ncube is optimistic of economic recovery efforts government is undertaking in light of a myriad of challenges the country is grappling with, a latest ministerial statement shows. Zimbabwe’s economy contracted six percent last year following the adoption of a local
Despite government announcing a 40 percent upward price adjustment on subsidized roller meal yesterday, most retail outlets in the capital have not stocked the commodity, a situation that has dashed hopes for the already economically downtrodden Zimbabweans, 263Chat Business can report. Finance and Economic Development Minister,
[caption id="attachment_59981" align="alignnone" width="1280"] Minister of Finance in the Zimbabwe Mthuli Ncube[/caption] [caption id="attachment_59982" align="alignnone" width="1244"] Minister of Defence, Oppah Muchinguri at commissioning of e-Cabinet[/caption] [caption id="attachment_59983" align="alignnone" width="1222"] Minister of Foreign Affairs and International Trade, Sibusiso Busi Moyo[/caption] [caption id="attachment_59984" align="alignnone" width="1449"] Minister of Small and Medium
Government is set to refurbish five major hospitals across the country under its 90-day Rapid Plan program, 263Chat has learnt. The move is meant to rescue the dilapidated healthcare infrastructure and quality of service. Speaking at the signing of the exchange of notes for the Grant Aid
Month-on-month inflation for December as measured by the all items Consumer Price Index (CPI) was 0.91 percent slower than the previous month of November closing at 16.55 percent, latest data from Zimbabwe National Statistics Agency (Zimstat) shows. The CPI for the month ending December 2019 stood
Yesterday Finance and Economic Development Minister, Mthuli Ncube announced a cushioning allowance for civil servants within the range of ZWL$ 400 and 750 depending on salary grade to which it hit a brick wall after government workers showed no amusement
You cannot copy content of this page