Chinamasa appointment to Air Zimbabwe board 'dubious'

President Emmerson Mnangagwa has named former finance minister Patrick Chinamasa as the new chairman of the Air Zimbabwe board - but the validity of the appointment was immediately thrown into questio...

By Staff reporter | Published: 11 June 2019


Red tape closing Zimbabwe for business

Finance and Economic Development minister Patrick Chinamasa says bureaucracy in local authorities and State agencies was frustrating President Emmerson Mnangagwa's efforts to attract foreign direct in...

By Staff reporter | Published: 06 July 2018


Chinamasa pay rise headache

The Zimbabwean government says it is worried about treasury's widening budget deficit after it raised civil servants salaries but is hoping improvement in economic performance will help the country ge...

By Staff reporter | Published: 06 July 2018


Moyo, Chinamasa on reengagement crusade

Foreign Affairs and International Trade Minister Retired Lieutenant General Dr Sibusiso Moyo embarks on another re-engagement crusade to the Netherlands this Monday night following the first leg tour ...

By Staff reporter | Published: 02 July 2018


Zimbabwe told to prioritise domestic capital

ZIMBABWE should seriously consider boosting its economy by placing more emphasis on domestic capital over foreign investment through attractive investment packages and other incentives, analysts say.T...

By Staff reporter | Published: 28 June 2018


Infrastructure stock rising due to Treasury Bills

Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep its borrowing under manageable levels, Finance and Economic Planning Minister Pat...

By Staff reporter | Published: 24 June 2018


Govt headache over moneychangers

Finance minister Patrick Chinamasa has blamed the police for failing to arrest unlicensed foreign currency traders saying there was a legal framework in place to curb the vice.This comes as the countr...

By Staff reporter | Published: 07 June 2018


No bad blood between Chinamasa and Mukupe

Under-fire deputy Finance minister Terrence Mukupe has claimed he enjoys a good working relationship with his boss Patrick Chinamasa.This comes amid reports of fierce run-ins between the two at their ...

By Staff reporter | Published: 28 May 2018


Zim moves to establish correspondent banks

FINANCE minister Patrick Chinamasa says the country is making frantic efforts to re-establish international correspondent banks through the enactment of morden financial laws that are aligned to lates...

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


Chinamasa hails UK $100m facility

Finance and Economic Development Minister Patrick Chinamasa has hailed the US$100 million loan extended by the United Kingdom Finance Institution, CDC, as the first significant line of credit to come ...

By Staff reporter | Published: 17 May 2018


Zimbabwe goes 96% cashless

Zimbabweans have embraced electronic platforms as means of transacting, with 96 percent of transactions now being conducted electronically.This was said by Finance and Economic Development Minister Pa...

By Staff reporter | Published: 10 May 2018


Chinamasa, Gumbo self-enrichment plan exposed

TRANSPORT minister Jorum Gumbo and his Finance counterpart Patrick Chinamasa have been stopped dead in their tracks by exposure of their self-enriching plan to shut down flag carrier Air Zimbabwe (Air...

By Staff reporter | Published: 20 April 2018


Chinamasa, Gumbo battle to cover corrupt aircraft deal tracks

TRANSPORT minister Jorum Gumbo this week got further entangled in the aircraft purchase scandal which involves state-owned Air Zimbabwe (AirZim) and new airline Zimbabwe Airways (ZimAirways) whose own...

By Staff reporter | Published: 13 April 2018


Looters to have day in court, says Chinamasa

All companies and individuals that were recently named by Government for allegedly externalising funds and assets were contacted by the Reserve Bank of Zimbabwe (RBZ) to explain their transactions, bu...

By Staff reporter | Published: 23 March 2018


Begging bowl: Chinamasa in China

FINANCE minister Patrick Chinamasa and Reserve Bank of Zimbabwe governor John Mangudya are in China ahead of President Emmerson Mnangagwa's official visit to the Asian economic giant this month, as pa...

By Staff reporter | Published: 21 March 2018


Honeymoon over for briefcase firms

FINANCE and Economic Planning Minister, Patrick Chinamasa, has warned State entities and local authorities against awarding tenders to briefcase companies.Chinamasa accused the State Procurement Board...

By Staff reporter | Published: 01 March 2018


Chinamasa concedes failure

FINANCE Minister Patrick Chinamasa has conceded the country's recurrent cash crisis would not go away anytime soon adding that locals still did not trust the formal banking channels.Addressing backben...

By Staff reporter | Published: 28 February 2018


Chinamasa meets UK's Boris Johnson

FINANCE and Economic Development Minister Patrick Chinamasa is in Britain for high-level diplomatic talks aimed at mending ties between Harare and London.British Secretary for Foreign Affairs Mr Boris...

By Staff reporter | Published: 28 February 2018


NRZ deal done by Q1: Chinamasa

THE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal will be finalised in the first quarter of 2018, Finance and Economic Planning Minister Patrick Chinamasa has said.A consortiu...

By Staff reporter | Published: 14 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


Chinamamsa sets aside $139m for infrastructure

GOVERNMENT has set aside a cumulative budget of $139 million for rail, road and air projects to improve and rehabilitate the country's transport network infrastructure to enhance their efficiency.The ...

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


'No quick fix to cash shortages'

Finance and Economic Planning Minister Patrick Chinamasa, last Friday said the prevailing cash shortages will not disappear "overnight", and urged people to be patient as Government starts implementin...

By Staff reporter | Published: 11 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

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