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 […]