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Sunday, 12 May 2013 11:52
HARARE - Zimbabwe is losing a large chunk of its revenues to thieves in government, Finance minister Tendai Biti has claimed. Government departments are not remitting cash to Treasury and other forms of theft of minerals are on the rise in...Read More
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Sunday, 12 May 2013 11:52
HARARE - The Zimbabwe Republic Police intends to put on record correct facts resultant of a statement attributed to the minister of Finance, Mr Tendai Biti in which he is quoted as having said. “At roadblocks, the police are collecting about...Read More
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Wednesday, 08 May 2013 12:36
HARARE - Finance minister Tendai Biti has threatened to undo empowerment deals signed by Indigenisation minister Savior Kasukuwere, if his Movement for Democratic Change (MDC) party wins the forthcoming elections. Biti, also MDC’s secretary general, said Kasukuwere’s controversial policy would be...Read More
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Sunday, 05 May 2013 14:03
HARARE - Prime Minister Morgan Tsvangirai’s MDC party has denied that its popularity ratings have plunged, disputing an opinion poll which revealed that it suffered a slide. The MDC is facing a rough ride in the GNU, and its leader Tsvangirai...Read More
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Thursday, 02 May 2013 11:06
HARARE - Zimbabwe will increase mining royalties soon to raise $132 million to bankroll the forthcoming elections, Finance minister Tendai Biti (pictured) has said. In an economy expected to grow by five percent this year, mining and agriculture are the two...Read More
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Wednesday, 17 April 2013 15:27
HARARE - Finance minister Tendai Biti says his ministry has crafted a policy compelling diamond miners in Zimbabwe to remit at least 50 percent of their revenue to government. This comes as concern has been raised over transparency and incommensurate remittance...Read More
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Wednesday, 17 April 2013 12:59
HARARE - Zimbabwe has reached a tentative agreement on an International Monetary Fund (IMF)-staff-monitored programme (SMP) to help it pursue economic reforms and clear its debt arrears, according to Finance minister Tendai Biti. The southern African country asked for the staff-monitored...Read More
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Tuesday, 16 April 2013 11:49
HARARE - Finance minister Tendai Biti says Zimbabwe could miss its five percent 2013 projected economic growth target due to fundamental weaknesses that continue to depress the economy. “These weaknesses are reflected through liquidity and financing challenges, limited revenue growth, as...Read More
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Tuesday, 16 April 2013 11:36
HARARE - Finance minister Tendai Biti says Chinese companies must trade fairly with Africa and invest in sectors that boost the continent’s economy. He said cheap imports from the world’s second largest economic power were affecting Africa’s industry. “The sad reality...Read More
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Tuesday, 16 April 2013 11:20
HARARe - Zimbabwe hopes to raise $132 million needed for the forthcoming general elections from the international community, diamond revenue, mobile telecommunication firms’ licence fees and mining royalties, as the cash crisis bites. Fresh from bankrolling a constitutional referendum through $40...Read More
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Tuesday, 16 April 2013 11:03
HARARE - South Africa has approved $100 million in budgetary support to cash-strapped Zimbabwe, helping plug a gap in its finances ahead of elections expected in the second half of the year, Finance minister Tendai Biti said yesterday. Zimbabwe’s economy has...Read More
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Tuesday, 16 April 2013 10:57
HARARE - Zimbabwe is importing Genetically Modified Organism (GMO) maize from South Africa after its newly- resettled farmers failed to provide enough food to feed its 12 million citizens. Presenting a State of the Economy Report yesterday, Finance minister Tendai Biti...Read More
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Tuesday, 16 April 2013 10:54
HARARE - Government is looking at ways to mitigate the deepening shortages of cooking oil, a Cabinet minister said yesterday. Finance minister Tendai Biti told journalists at a press conference that industrialists had told him recently that the country was headed...Read More
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Monday, 08 April 2013 13:47
HARARE - President Robert Mugabe’s Zanu PF has been accused of stealing 22 years of progress from Zimbabwe due to corruption and misuse of government funds, a top MDC minister has said. MDC secretary-general and Finance minister Tendai Biti told an...Read More
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Tuesday, 19 March 2013 12:57
HARARE - Tourism and Hospitality Industry minister Walter Mzembi has alleged that Finance minister Tendai Biti is refusing to fund the United Nations World Tourism Organisation (UNWTO) general assembly because of “glory politics”. Zimbabwe and its neighbouring southern African country Zambia...Read More
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