'No UK taxpayers' money will be used to fund Mugabe's govt'

2016-08-23 11:27

Britain has been forced to take the unusual step of insisting that it is not “bailing out” cash-strapped Zimbabwe following a media row over revelations a former cabinet minister held quiet talks with Finance Minister Patrick Chinamasa.

Zim doctors, teachers strike over unpaid wages

2016-07-06 09:38

Teachers, doctors and nurses in Zimbabwe have begun a strike over unpaid salaries, a day after police used force against protesting taxi drivers in the capital.

Zim hopes to sign-off deal with multinational lenders

2016-07-05 10:53

Zimbabwe hopes to get its proposal to clear debt arrears with multilateral lenders signed off by December, says Finance Minister Patrick Chinamasa.

Zim imports over 100 000 tons of maize, worth $12.7m

2016-06-14 14:06

Zimbabwe has imported over 100 000 tons of maize worth $12.7m since October last year, Finance Minister Patrick Chinamasa says.

Mugabe allies' daughters use social media to distance themselves from Dad

2016-05-27 12:39

You might be Daddy's girl but that doesn't mean you agree with everything he or his friends do. That's the message being quietly put out on social media by the daughters of several of President Robert Mugabe's ministers and allies.

Breather for banks as Mugabe clarifies indigenisation

2016-04-12 20:00

Foreign banks have been given a respite to their plans to comply with Zimbabwe's empowerment laws after President Robert Mugabe clarified confusion about the law.

Zimbabwe's civil servants to finally get bonuses

2016-02-04 12:34

Zimbabwean Finance and Economic Development Minister Patrick Chinamasa has finally unveiled payment dates for the country's civil servants bonuses, according to reports.

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.


AU moves towards self-funding

2016-07-18 12:45

The African Union has resolved that all me.ber states are to charge a 0,2 percent levy on all eligible imports, in a move to limit donor dependency.

UK police shield Zim finance min as Zim police clamp down on protesters

2016-07-05 19:40

Zimbabwe's finance minister Patrick Chinamasa had to be shielded from protesters by British police as he left a meeting in London - on the same day that riot police in Harare were busy attacking angry protesters.

We're broke because we're not part of global economy - Zim minister

2016-06-23 13:40

Zimbabwean Finance Minister Catrick Chinamasa has said that the southern African country's government is broke because it is not part of the global economy, a report says.

Reports on Chinamasa's son smuggling $7m to SA 'a naked lie'

2016-05-30 18:35

Social media reports that the Zimbabwean finance minister’s son was arrested at Beitbridge for allegedly smuggling $7m in cash out of the country have fizzled out.

Govt won't back down on bond notes - Zim finance minister

2016-05-17 11:49

Zimbabwean Finance Minister Patrick Chinamasa says the government won't back down on the introduction of bond notes, despite widespread resistance, a report says.

SA banks comply with Zim indigenisation laws

2016-04-01 18:12

All foreign owned banks operating in Zimbabwe have submitted credible indigenisation and economic empowerment plans in line with the March deadline.

Zim civil servants demand bonus payment dates from cash-strapped govt

2015-12-11 14:02

The umbrella body that represents all civil servant unions in Zimbabwe, Apex Council, has called on the government to announce dates of payment of the country’s civil servant bonuses, according to a report.

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.

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