Zimbabwe's tale of two bank chiefs (& their B-words)

2016-09-15 17:06

He might have PhD from a dubious institution - but you really can't help feeling a bit sorry for Zimbabwe's beleaguered bank chief John Mangudya.

Crisis hit Zim govt pays $43m to white farmers - report

2016-09-12 21:21

The Zimbabwean government has spent nearly $43 million compensating white commercial farmers whose farms were acquired during the country's land reform programme, a report says.

Zim finance minister's plan to save cash - but will Mugabe agree?

2016-09-12 08:40

Cash-strapped Zimbabwe is increasingly looking like a sinking ship - but one man is desperately trying to bail water.

Cash-strapped Zim govt plans to fire at least 25 000 workers

2016-09-10 06:57

Zimbabwe’s finance minister Patrick Chinamasa has proposed a number of stringent cost cutting measures which include cutting government workers, salaries and bonuses for at least two years, a report says.

Zim to reform civil service sector as budget deficit balloons

2016-09-08 17:52

Zimbabwe is set to implement significant civil service sector reforms amid a ballooning budget deficit, says Finance Minister Patrick Chinamasa.

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.


Zim govt shoots down finance minister's cash-saving plan

2016-09-14 12:55

Zimbabwe's government has reportedly shot down Finance Minister Patrick Chinamasa's cost cutting measures which included cutting down salaries and bonuses for at least two years, a report says.

We're not about to fund Zim, says World Bank

2016-09-12 09:40

The World Bank has denied media reports that it is about to resume lending to cash-strapped Zimbabwe.

Zimbabweans criticise finance minister on social media

2016-09-10 09:31

Zimbabweans have taken to social media to express their anger after the country's finance minister announced a series of fiscal undertakings, as he admitted that the government was battling to pay civil servants.

Zim public workers reject govt job cuts plan

2016-09-09 18:25

Zimbabwe's main public service union has rejected state plans to cut 25 000 jobs and suspend annual bonuses.

'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.

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