MasterCard President and Chief Executive Officer, Ajay Banga, this week visited Zimbabwe to show Mastercard’s strong support for the country’s drive to create a new wave of digital payments and inclusive growth. He outlined how Mastercard will collaborate with local private and public sector partners to
The government has moved to suspend the Statutory Instrument 122 of 2017 to allow the free flow of foreign goods amid failure by the local manufacturing companies to supply the market as forex runs dry from the central bank making it difficult for locals to
The government has moved to dismiss Finance and Economic Development Minister Professor Mthuli Ncube's latest appointee Communications Taskforce chair William Mutumanje Lumumba barely four days after the latter exposed rot corruption at the central bank.
The introduction of the two percent transfer tax is only one leg of a legion of measures that will be introduced by government to contain Zimbabwe's budget deficit, Finance and Economic Development Minister, Mthuli Ncube has warned. Ncube said the measures which includes cutting down the
The MDC deputy chairperson and Harare East legislator Tendai Biti has described the ruling party Zanu PF as clueless and incompetent amid economic meltdown which have seen the government moving to institute the two percent electronic transactional tax among other new financial reforms aimed at
Zanu PF Secretary for Administration has come out guns blazing in his response to a raft of new financial reforms that were introduced by the Finance Minister Mtuli Ncube, insisting that "no consultations were done" to the effect of the reforms. Last week Prof Ncube introduced
Yesterday, Minister of Finance and Economic Planning, Professor Mthuli Ncube held a crucial meeting with co-operating partners and International Financial Institutions to discuss and map the way forward on the Zimbabwe’s Arrears Clearance Road Map in Bali, Indonesia. The meeting was chaired by the World Bank
ZIMBABWE’s Finance Minister Professor Mthuli Ncube flies into the contempt of parliament fiasco as the opposition MDC mulls charges against the minister who yesterday did not appear in parliament on the question and answer session at a time when new financial reforms which stirred a
Finance and Economic Development Minister, Professor Mthuli Ncube, has proposed the creation of a world-class “Regional Fuel Dry Port” out of the Mabvuku Loading Gantry and Msasa Depot fuel storage facilities saying that will ease the pressure on the Reserve Bank of Zimbabwe (RBZ) to
Finance and Economic Development Minister, Professor Mthuli Ncube, has with immediate effect fired the current Zimbabwe Revenue Authority (ZIMRA) board, in a bid to promote efficiency and effectiveness in revenue collection. Addressing stakeholders at the Reserve Bank of Zimbabwe mid term monetary review in the capital
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