Business »
Thursday, 20 December 2012 12:59
GWERU - Industry minister Welshman Ncube has accused Finance minister Tendai Biti of holding Zimbabwe’s economy at ransom by not availing funds to resuscitate struggling industries. Ncube — responsible for overseeing industry’s “health” — said his ministry was frantically trying to...Read More
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News » Chengetayi Zvauya, Parliamentary Editor
Saturday, 08 December 2012 13:35
HARARE - Zimbabwe Electoral Commission (Zec) says its request for $32 million from Treasury to start voter registration has not been granted. Zec acting chairperson Joyce Kazembe urged legislators during a working workshop last week to help her organisation lobby...Read More
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Business » Ndakaziva Majaka, Staff Writer
Friday, 30 November 2012 11:51
HARARE - President Robert Mugabe has slammed the banking sector, accusing bankers of gambling with depositors’ funds and threatened that culprits should be jailed. Mugabe said the “illicit” bankers violated depositors’ trust, a scenario that contributed to the current state of...Read More
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Features »
Wednesday, 28 November 2012 09:44
HARARE - The presentation of government’s $3,8 billion 2013 national budget exposed a rarely seen lighter side of Parliament in what is usually the cut-throat world of Zimbabwean politics, and there was certainly a healthy share of political humour during the...Read More
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Business » Ndakaziva Majaka, Staff Writer
Thursday, 22 November 2012 11:33
HARARE - Information Communication Technology (ICT) minister Nelson Chamisa yesterday slammed Finance minister Tendai Biti for allocating “meagre funds” for his ministry in the 2013 national budget. Chamisa — who believes ICT is key in steering Zimbabwe’s moribund economy towards...Read More
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Business »
Wednesday, 21 November 2012 13:57
HARARE - Zimbabwe could miss the projected five percent economic growth target next year as Finance minister Tendai Biti’s budget does not capacitate the productive sector, economic analysts said. The analysts said Biti needs to direct expenditure towards the sector. The...Read More
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News »
Wednesday, 21 November 2012 13:14
HARARE - World lenders are close to a deal with Zimbabwe’s coalition government for $10 billion in debt relief, Finance minister Tendai Biti has said, as multilateral financial institutions seek to help Harare shore up its ailing economy. International Monetary Fund...Read More
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News »
Monday, 19 November 2012 13:44
HARARE - Finance minister Tendai Biti has blasted rising border corruption and lamented the incredible losses being incurred by the fiscus through leakages. Presenting a $3,8 billion 2013 national budget in Parliament last week, Biti said border officials were employing delaying...Read More
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News »
Monday, 19 November 2012 12:40
HARARE - Finance minister Tendai Biti has ramped up next year’s defence spending to $356 million in a move that lifts the Zimbabwean military from four years of neglect and underfunding. For the first time, Biti has not just increased the...Read More
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Business »
Saturday, 17 November 2012 14:46
HARARE - Finance minister Tendai Biti’s banking reforms have attracted heavy criticism from bankers and market watchers who believe the new regulations will have negative consequences on the financial sector, particularly small banks. In his 2013 budget presentation yesterday, Biti proposed...Read More
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Opinion & Analysis »
Friday, 16 November 2012 11:50
HARARE - The road ahead seems hard for Zimbabweans. Once again Finance minister Tendai Biti announced in the budget yesterday that we continue to “eat what we kill” in 2013. There will have to be more belt-tightening. We all know why...Read More
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News »
Friday, 16 November 2012 10:39
HARARE - Finance minister Tendai Biti has set aside $50 million for a constitutional referendum and general elections scheduled for next year, warning that electoral violence is the “biggest threat” to Zimbabwe’s economy. The figure allocated by Biti is far below...Read More
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Business »
Thursday, 15 November 2012 13:32
HARARE - Finance minister Tendai Biti comes under spotlight today when he presents the 2013 National Budget, amid high expectations from a depressed industry and cash strapped populace, which has borne the brunt of current liquidity challenges. His budget comes on...Read More
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News »
Thursday, 15 November 2012 12:20
HARARE - Today is Budget day in Zimbabwe and Finance minister Tendai Biti says the spending plan will be aimed at inspiring hope in a country battered by a deepening political and economic crisis. Biti will present the national Budget to...Read More
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Opinion & Analysis »
Thursday, 08 November 2012 11:31
HARARE - “Of course I deceive that’s why I am alive and you are dead, the crocodile said to the log” I don’t remember how the rest of the poem went on but this aptly describes the character of Third World...Read More
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