Deflation-hit Zimbabwe to grow 2.7% in 2016

2015-11-26 16:07

Zimbabwe’s cash strapped and investment starved economy will grow by 2.7% in 2016 after sagging to 1.5% this year, says Finance Minister Patrick Chinamasa.

Mugabe warms to West as economy wobbles

2015-10-22 10:45

President Robert Mugabe’s anti-Western rhetoric has been conspicuous by its absence of late, a sign the 91-year-old leader has mellowed or realised that Zimbabwe may need financial help.

No going back on Zim indigenisation policy – minister

2015-10-05 17:59

Zimbabwe’s newly appointed minister of youth development, indigenisation and economic empowerment Patrick Zhuwawo says there is no going back in the country’s controversial indigenisation programme, according to a report.

Mugabe's nephew attacks finance minister over call for foreign investment

2015-10-01 13:00

Zimbabwean President Robert Mugabe's nephew, Patrick Zhuwawo, has reportedly attacked fellow cabinet ministers, saying they risk being fired for lobbying for foreign direct investment.

Zim war vets minister accuses Chinamasa of trying to topple Mugabe

2015-09-18 17:00

Zimbabwe's War Veterans Minister Christopher Mutsvangwa has reportedly hit out at a Finance Minister Patrick Chinamasa, accusing him of working with the West to try and topple President Robert Mugabe.

Uphill task for Zim finance minister as economy bleeds

2015-07-29 20:30

With Zimbabwe's economy continuing to falter, Finance Minister Patrick Chinamasa faces a tough task as he readies to present his mid-term fiscal policy statement.

Mugabe's foreign trips appalling, says MDC

2015-07-10 13:24

Zimbabwe’s opposition Movement for Democratic Change led by Morgan Tsvangirai says it is appalled by President Robert Mugabe’s numerous foreign trips which are costing the country millions of dollars.

Zim commits to carry out reforms by end 2015

2015-05-01 15:53

Zimbabwe says is committed to reducing its public expenditure, further reducing mining taxes and to reform its economic policies by the end of this year.

Chinamasa: SA banks taking advantage of Zim

2015-04-08 17:06

Zimbabwe's finance minister Patrick Chinamasa has criticised South African banks for wanting to charge more when its neighbour approaches them for loans.

Mine expansion plans in Zim under threat

2015-02-18 18:35

Mine expansion plans for companies in Zimbabwe and the growth of the crucial industry is now under threat because of continued depressed metal prices.


Drought, revenue drop to weigh on Zim budget

2015-11-25 13:17

Zimbabwe’s Finance Minister Patrick Chinamasa faces a tough task as he presents the country’s 2016 national budget amid falling revenues and a severe drought.

Zim will have an indigenised economy by 2018 – minister

2015-10-07 14:03

Zimbabwean Youth Development, Indigenisation and Economic Empowerment Minister Patrick Zhuwawo says the southern African country will have an "indigenised" economy by 2018.

Cash-strapped Zim 'won't sack civil servants'

2015-10-04 14:06

Despite pressure from the IMF, cash-strapped Zimbabwe will not sack any of its civil servants, a report quotes the minister of finance Patric Chinamasa as saying.

Want to buy lunch, clothes, phone cards? Ask a Harare cop

2015-09-21 10:33

Walking through the corridors of the homicide section at Harare’s main police station, it is the “for sale” signs on office doors that stand out more than the stench coming from the dimly-lit underground hallways.

Zim growth forecast slashed by half

2015-07-30 21:30

Zimbabwe's finance minister has slashed the 2015 growth forecast from 3.2% to 1.5% after a slump in farm produce due to drought.

Zim MP brings used underwear to parliament

2015-07-23 19:05

There was drama in Zimbabwe's parliament after an MP from the opposition MDC paraded used underwear in the House in protest against the importation and resale of such garments, media reports say.

Mugabe embarks on his 22nd foreign trip this year

2015-07-08 18:59

Zimbabwean President Robert Mugabe has reportedly left Harare for the UN in New York, in what media reports say is his 22nd foreign trip this year.

Bonus row exposes Zim rot

2015-04-20 12:10

The bonus row that has seen Zimbabwe's President Robert Mugabe give a dressing down to his minister of finance has all but exposed the government's dire situation.

Zim economy fragile despite falling oil prices

2015-03-10 13:03

Falling oil prices will help struggling Zimbabwe save as much as $180m, but the IMF says its position remains precarious and the country is in debt distress.

Mugabe explains indigenisation policy

2015-01-29 09:15

Zimbabwe President Robert Mugabe has told a visiting French delegation that his controversial indigenisation policy 'only relates to resource-based operations'.

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