Economists dismiss Ncube's US$443 million budget surplus

Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...

By Staff reporter | Published: 11 June 2019


Mthuli Ncube resolves govt budget deficit challenges

Consolidated statements of financial performance gazetted on Friday have revealed a strong positive variance between expenditure and expenses, indicating that Government may have found a lasting solut...

By Staff reporter | Published: 29 April 2019


'Mthuli Ncube's budget is a waste of time'

IT is a great pleasure to debate the 2019 national budget.  This budget, Honourable Speaker Sir, could not have come at a time of greater fragility and greater vulnerability of our country.The ec...

By Tendai Biti | Published: 23 December 2018


Biti tears into Mthuli Ncube's budget

Harare East MP Tendai Biti (MDC Alliance) yesterday tore into the 2019 National Budget presented by Finance minister Mthuli Ncube, saying it violated the Constitution for charging duty on vehicles in ...

By Staff reporter | Published: 19 December 2018


MPs rip into Mthuli Ncube's budget

THE Budget and Finance Portfolio Committee chaired by Zanu-PF legislator Felix Mhona (Chikomba Central) yesterday ripped into Finance minister Mthuli Ncube's 2019 National Budget statement and questio...

By Staff reporter | Published: 05 December 2018


Mthuli Ncube magic, Zimbabwe achieved $29m budget surplus in October

Zimbabwe achieved a budget surplus of $29 million last month, the first time in many years, Finance and Economic Development Minister Mthuli Ncube has said. Addressing journalists in the capital toda...

By Staff reporter | Published: 28 November 2018


Mthuli Ncube's budget: The good, bad and ugly

In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...

By NewZWire | Published: 26 November 2018


Mthuli Ncube's National Budget tomorrow

The minister of Finance and Economic Development will present the 2019 Annual Budget Statement to the National Assembly tomorrow. In addition to the Budget Statement he will table the Estimates of Rev...

By Veritas | Published: 21 November 2018


'Illicit financial flows lead to budget deficit'

The Zimbabwe Coalition for Debt and Development (Zimcodd) says lost revenue through illicit financial flows (IFFs) has far reaching consequences on the fulfilment of social and economic rights as it h...

By Staff reporter | Published: 11 July 2018


Turning dream of a $10bn budget into reality

IT is now 24 days to D-Day - the day of democracy, when we all go to a polling station and at the cost of about $50 each (the cost of an election in Zimbabwe) we are asked to appoint our next batch of...

By Eddie Cross | Published: 06 July 2018


Zimpapers revenue ahead of budget

LISTED diversified media group Zimpapers registered revenue growth for the first five months of the year on the back of positive performance across all its divisions.Zimpapers chief executive Pikirayi...

By Staff reporter | Published: 21 June 2018


Zimbabwe budget deficit to remain above $1bn

ZIMBABWE'S budget deficit is set to remain above $1 billion despite government's efforts to rein in fiscal spending, economists have said.For years, a persistent fiscal deficit has been the underlying...

By Staff reporter | Published: 24 May 2018


WATCH: Chinamasa on reforming Zim's budget structure

PUBLIC finance plays a crucial role in advancing industrialisation policies across Africa.CNBC Africa's Kenneth Igbomor caught up with Zimbabwe's Minister of Finance, Patrick Chinamasa and discussed h...

By CNBCAfrica | Published: 23 May 2018


Govt re-aligns content budget

Government has re-aligned budget allocations to communities countrywide to enhance the production of more content for the ongoing digital migration programme, Information, Media and Broadcasting Servi...

By Staff reporter | Published: 21 May 2018


Shearwater plans nationwide budget lodges

TOUR operating company Shearwater Adventures has set aside more than $30 million to construct budget lodges countrywide, chairman, Mr Mike Davis, has said.Yesterday the firm commissioned its Explorers...

By Staff reporter | Published: 04 May 2018


Zim's lack of budget transparency discourages investors

ZIMBABWE has been ranked 23 out of 100 countries (Open Budget Survey 2017) in budget transparency, an unimpressive ranking, which has an effect of pushing away investors and external funding.A recent ...

By Staff reporter | Published: 04 April 2018


Zim ranked 23 on budget transparency

ZIMBABWE has been ranked 23 out of 100 countries in terms of budget transparency, according to the 2017 Open Budget Survey.A recent report by the Parliament Budget Office (PBO) said Zimbabwe's budget ...

By Staff reporter | Published: 30 March 2018


On Zimbabwe and the first post-Mugabe budget

Zimbabwe's Minister of Finance and Economic Development, Patrick Chinamasa, presented the first post-Mugabe era budget on 7 December 2017. The budget has received excellent reviews as has the two spee...

By Alfred Mthimkhulu PhD | Published: 17 December 2017


'Zimbabwe budget targets unrealistic'

Finance minister Patrick Chinamasa's budget speech sets a good precedence in terms of policy thrust of reform and economic resuscitation with clear government austerities, international community enga...

By Staff reporter | Published: 14 December 2017


'$1.2 billion capital budget not enough'

THE $1.2 billion capital expenditure in the 2018 National Budget Statement is not adequate to drive robust growth in the economy.Industry and commerce experts said this in Bulawayo yesterday during a ...

By Staff reporter | Published: 13 December 2017


Budget slashes millions from commissions

Finance minister Patrick Chinamasa's 2018 budget dramatically reshapes Constitutional commissions, requiring millions in cuts to mandatory programs to set them on a path for a major overhaul.The $5,1 ...

By Staff reporter | Published: 12 December 2017


Does Chinamasa's budget pass the test?

Well, it has come and gone. Finance and Economic Development Minister Chinamasa delivered an interesting budget which, as was expected, had its own fair share of highs and lows.The much anticipated bu...

By Clive Mphambela | Published: 12 December 2017


MDC Alliance shoots down budget

THE MDC Alliance has dismissed the 2018 National Budget presented by Finance minister Patrick Chinamasa on Thursday as "shallow and lipstick reforms" that will not impact on the economy.This came as o...

By Staff reporter | Published: 10 December 2017


Chinamasa's 2018 budget gets thumbs up

Finance and Economic Planning minister Patrick Chinamasa has set the tone for economic recovery, ticking the right boxes with a raft of reforms, analysts have said.In his 2018 National Budget present...

By Staff reporter | Published: 10 December 2017


Budget should unlock country's agricultural potential

A FEW days ago I listened to a business discussion that was made by a Zimbabwean business mogul at one of the prestigious universities in the United States of America. This was Mr Strive Masiyiwa, ch...

By Mhlupheki Dube | Published: 10 December 2017

Latest News

Latest Published Reports

Latest jobs