Articles tagged 'finance ministry'

Deputy minister Mukupe beats up subordinate over allowance 17 April 2018 HARARE - Deputy Finance minister Terence Mukupe has been fined $30 after beating up finance director Ignatius Mvere who refused to give him allowances above those approved by the government. Mvere reported the matter to CID Law and Order at the Harare Central Police Station under CR 2321/03/18...
Chombo remains behind bars 2 December 2017 HARARE – Former Finance minister Ignatius Chombo yesterday remained behind bars after High Court judge Clement Phiri deferred the hearing to next Wednesday to enable the State to file its response. Prosecutor Tapiwa Kasema applied to have the matter postponed, claiming that the record from the...
Chinamasa recalled from IMF, World Bank meetings 13 October 2017 HARARE - President Robert Mugabe demoted former Finance minister Patrick Chinamasa while he was in Washington attending an annual global meeting of Finance ministers and central bankers organised by the International Monetary Fund (IMF) and World Bank. Chinamasa, who was demoted to the ministr...
Chombo's appointment 'staggering, reckless' 12 October 2017 HARARE - While new Finance minister Ignatius Chombo took up his new post on Tuesday, President Robert Mugabe's decision to replace Patrick Chinamasa was met with shock and disappointment. Mugabe moved Chinamasa from the Finance ministry on Monday to lead a new Cyber Security ministry that will...
Banks call for quick Lima deal 5 March 2017 HARARE - Government must negotiate the Lima deal to avoid a “cliff edge” cash crisis forcing banks to limit amounts to individuals and companies, leading Zimbabwean commercial banks have said. Finance minister Patrick Chinamasa has said he is forging ahead with formal negotiations with interna...
'Zec commission budget allocation a mockery' 14 December 2016 HARARE - Finance ministry's allocation of just $9,8 million dollars to the Zimbabwe Electoral Commission (Zec) for the year 2017 is a reflection of the State's lackadaisical approach towards democracy in Zimbabwe, commentators contend. Zimbabwe Election Support Network (Zesn) director Rindai C...
Pressure mounts on Mugabe 30 March 2014 HARARE - As the economy continues to slide downwards towards collapse, President Robert Mugabe has come under immense pressure to reshuffle and change his Cabinet especially in key economic ministries. With government delaying in paying its workers, who include the security forces, political a...
Why Chinamasa must go 16 March 2014 HARARE - Finance minister Patrick Chinamasa’s lack of depth on economic issues has exposed him as the weakest link in reviving the country’s troubled economy. Notwithstanding his prowess in the legal fraternity, the lawyer-cum-politician lacks the vital economics know-how to navigate the murky...
'Chinamasa walking a tight rope' 3 October 2013 HARARE - Former Finance  minister, Tendai Biti, who is now shadowing his successor, Patrick Chinamasa, has warned the Zanu PF government must stick to key markers agreed to during the inclusive government era, failure of which the party risks driving the already fragile economy to the ground. ...
Finance minister faces a daunting task 12 September 2013 HARARE - The man President Robert Mugabe tapped on Tuesday to be his new Finance chief was not his first choice. Indeed, as the architect of the multi-currency regime when he served as acting Finance minister in 2009, he may well have been his last. But more than any other Zanu PF politicia...
A sad goodbye to Finance ministry 22 August 2013 HARARE - Wananchi, I said my farewells to the staff at the ministry of Finance. Zimbabwe's greatest asset is its people, when they work together as a team for the national good. In that regard, they do not come any better than the men and women in Block B, New Government Complex. For the...