Articles tagged 'rbz debt assumption bill'

Disclose full list of RBZ debtors: MDC 21 May 2015 HARARE - Morgan Tsvangirai's MDC is demanding a full list of the Reserve Bank of Zimbabwe (RBZ)'s debtors before government assumes the $1,3 billion debt run up by the central bank. The MDC has also asked the Law Society of Zimbabwe to probe the refusal by Finance minister Patrick Chinamasa — ...
Empowerment should bring accountability 20 May 2015 LONDON - It ought to be accepted as sound practice that when one uses services he or she should pay for them. It should also go without saying that when one borrows money, he or she should repay the debt. These obligations are commonsensical, universal, and their execution independent on on...
RBZ Debt Assumption Bill rewards the elite 14 May 2015 HARARE - An ominous hint that government's parlous state of  financial desperation threatened to impinge on the economic well-being of its already impoverished citizens magnified itself when ruling elite mandarins cobbled up the ideas to consign them to the garret by introducing presumptive taxes...
'Audit RBZ's $1,3bn debt first' 10 March 2015 HARARE - Civil society organisations have petitioned Jacob Mudenda, the Speaker of the National Assembly, to first audit the central bank's $1,3 billion debt before adopting the Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill. The petition, undersigned by the Zimbabwe Coalition on Debt and...
Byo rejects RBZ Debt Assumption Bill 24 September 2014 BULAWAYO - Bulawayo residents have turned down the Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill, arguing that they are not prepared to subsidise government’s “extravagance and foolish decisions”. This comes amid growing consensus that the $1,1 billion debt — incurred through quasi fisca...