NetOne partial privitisation part…?
ugh…
Render unto Ceaser.
Following the announcement of the dissolution of the Monetary Policy Committee (MPC) we thought it would be interesting to look at who made up the old committee.
The Zimbabwean government will now be collecting Value Added Tax (VAT) on Netflix subscriptions starting March 5th 2021.
Prof Mthuli’s 2% Tax is among the contributing factors to the increasing cases of robberies like the one that happened yesterday in Chinhoyi
Minister for ICT Jenfan Muswere has dissolved state-owned TelOne’s board as it was nearing the end of it’s term.
After spending months locked down and returning to low business the informal sector now has to contend with a government shakedown.
The Tax Relief measures in the 2021 National Budget didn’t go far enough as Zimbabweans are struggling to survive because of the COVID19 pandemic .
Back in July, government officials announced that the Ministry of Finance had availed funds for the purchase of drones to patrol border the posts. The Ministry of Defence got ZW$100 […]
Minister for Finance Mthuli Ncube delivered a report on the Progress on Economic and Structural Reforms in Zimbabwe. The presentation shows the effects of the measures taken by the Finance […]
Facebook, on their Business Help Centre, announced that they will be charging Zimbabwean advertisers Value Added Tax (VAT). The tax, which is pegged locally at 14.5% will apply to businesses […]
Mthuli Ncube shared the mid-term budget review yesterday and in it is a bunch of interesting updates and government’s plan to revive our ailing economy. One of the projects announced […]
Finance Minister Mthuli Ncube shared his 2020 Mid-Term Budget review this afternoon. The Mid-Term Review details economic developments during the first half of the year, progress on implementation of the […]
The Reserve Bank has added more bond notes into circulation. The most recent increase came on the 19th of June where they injected ZWL$64 million. This raised the hard currency […]
With recent news of Government’s attempt to ban EcoCash and all mobile money platforms, I got to thinking. How many times has the government and financial authorities shifted the goalposts […]
Remember the National Data Centre? Last November, Mthuli Ncube said that project was almost complete and whilst the project is yet to see the light of day more details regarding […]
Minister of Finance, Mthuli Ncube and Reserve Bank of Zimbabwe Governor, John Mangudya keep insisting that Zimbabwe has de-dollarised and they get emotional (almost) when anyone suggests that we have […]
The Governor of the Reserve Bank of Zimbabwe recently appeared before the Parliamentary Portfolio Committee on Budget and Finance. He used very interesting colourful words in his submissions. Guerrilla War […]
The Zimbabwe ministry of finance and central bank have been promising more bank notes for some time now. Currently the only notes in circulation (besides the sometimes legal, sometimes illegal […]
Last night we shared the Government’s COVID-19 19 Recovery & Stimulus Package Budget and among the measures being taken is the launch of Victoria Falls Securities Exchange; Government has already […]
Transacting is crazy expensive in Zimbabwe. In his communique on measure to ‘stabilise’ the financial sector during the COVID 19 pandemic the RBZ governor talked about the cost of transactions […]
Kwanhasi uku kutaura kwevakuru. (This is just a way for ‘the elders’ to say it in a way that saves them face). This just about sums today’s announcement by the […]
Zimbabwe’s central bank, known for spectacular u-turns has once again flip-flopped on policy. A circular sent out in the last few minutes declares that Zimbabweans can once again use the […]
Mthuli Ncube is said to have gazetted a new financial instrument yesterday that will enable mobile money users to receive interest on the money they keep in their mobile money […]
In December 2019, FINSEC announced the Growth Enterprise Market (GEM) portal which they described as an “online platform designed for SMEs in need of raising capital for retooling operations, increase […]
Back in November when the National Budget for 2020 was announced, we mentioned that the government declared ZW$500 million through the National Venture Fund which is supposed to start funding […]
Yesterday, Finance Minister Mthuli Ncube shared more details regarding the $500 million National Venture Capital fund announced as part of the 2020 National Budget. During the budget presentation, not much […]
Much of the talk about the budget was around Finance Minister, Mthuli Ncube’s announcement of setting aside resources for the launch of a space satellite. Many people blasted the government […]