HARARE, February 13 (The Source) – The proposed Public Entities Corporate Governance Bill has criminalised the award of loans by parastatals to executives and prescribed jail terms of up to one year for board members who approve such loans as part of measures to strengthen… Read More
HARARE, January 18 (The Source) – Finance Minister Patrick Chinamasa on Thursday raised the budget allocation for health by nearly a third to $520 million from $408 million and the Parliament’s allocation to $80 million from $57 million after Members of Parliament refused to pass… Read More
By Kuda Chideme, HARARE, January 17 (The Source) – Government will assume Ziscosteel’s estimated $450 million debt in order to make the steel giant attractive to the Chinese firm R&F which has agreed to invest in the company, finance minister Patrick Chinamasa has said.
HARARE, January 9 (The Source) – Zimbabwe’s graft-busting Auditor-General, Mildred Chisi’s term has been extended after Parliament approved President Emmerson Mnangagwa’s nomination in a move seen as boosting his anti-corruption drive.
HARARE, December 19 (The Source) – Finance minister Patrick Chinamasa says he will ask Parliament to extend the term of office for graft-busting Auditor-General, Mildred Chisi less than six months after unsuccessfully trying to terminate her employment.
HARARE, December 15 (The Source) – The International Monetary Fund (IMF) says the softening of the Indigenization and Economic Empowerment Act is a step in the right direction and feels the 2018 budget is a good starting point in addressing excessive government expenditure.
HARARE, December 12 (The Source) – The African Export Import Bank (Afreximbank) said on Tuesday it will avail up to $1.5 billion in credit to Zimbabwe and provide guarantees to foreign investors looking to invest in the southern Africa country.
By Angels Sibindi CDFA, HARARE, December 12 (The Source) – “Those who defy the markets will eventually lose. They may lose slowly, or lose in a spectacular collapse, but they will lose.” Mark S. Lawson opined in 2011.
HARARE, December 8 (The Source) – Zimbabwe’s finance minister Patrick Chinamasa says country’s cash crisis will not be resolved overnight, saying he is minded to tackle the widening budget trade deficit.
HARARE, December 8 (The Source) – Patrick Chinamasa virtually sang and danced through his budget speech like a newly freed slave on Thursday.
By Professor Anthony Hawkins, HARARE, December 8 (The Source) – If all goes according to plan, finance Minister Patrick Chinamasa’s 2018 budget will be remembered chiefly for its promised repeal of the Indigenisation Act, except for the diamond and platinum industries.
HARARE, December 7 (The Source) – Some reactions to the 2018 National Budget, which was presented by Finance Minister, Patrick Chinamasa on Thursday.
HARARE, December 7 (The Source) – Finance minister, Patrick Chinamasa on Thursday presented the 2018 National Budget in Parliament. Here are some key allocations.
HARARE, December 7 (The Source) – Welcome to our coverage of Zimbabwe’s first budget presentation in the post-Robert Mugabe era, and it promises to be a humdinger. Its two weeks since Emmerson Mnangagwa was sworn-in as president to complete a remarkable turn of fortunes after… Read More
HARARE, December 6 (The Source) – Finance minister Patrick Chinamasa says the country’s 2018 budget, which will be presented on Thursday, will send a clear message to the world that Zimbabwe is open for business.