Finance Minister, Mthuli Ncube came up with 8 exemptions to lighten the burden of the controversial 2% tax that was introduced during the monetary policy statement presentation. The following exemptions […]
Finance Minister Mthuli Ncube is the man of the moment and when he speaks Zimbos listen. Last week Mthuli spoke about the privatisation of state-owned parastatals and it seems like […]
Vice President Kembo Mohadi has issued the riot act against businesses for ‘overpricing.’ I cannot pretend this doesn’t send a chill down my spine. This is deja vu except it’s […]
For the longest of times, we’ve heard the government say they are going to do this and that and after a while, nothing is ever said or done. When it […]
So, the Zimbabwe Transitional Stabilisation Programme which was launched by Mthuli Ncube last Friday has an interesting piece of detail tucked away in the appendices. In a table that is […]
The Zimbabwe Transitional Stabilisation Programme has to be the first time a document by the government at this level has at least shown appreciation of digital entrepreneurship. The document Mthuli […]
The continued backlash against the “2% (or 2 cents) per dollar transacted” tax has cast the new Finance Minister in a bad light. One way Professor Mthuli Ncube has tamed […]
Minister of Finance and Economic Development, Mthuli Ncube on Friday launched Zimbabwe’s latest economic blueprint, titled Transitional Stabilisation Programme (TSP). The TSP will run between 2018 and 2020 to facilitate […]
Generally there is outrage against the newly announced transaction tax on every electronic funds transfer transaction. The Minister of Finance, Mthuli Ncube adjusted the cut that government gets whenever we […]
Finance Minister Mthuli Ncube delivered some sombre news at the Monetary Policy Statement. From charging 5c per transfer transaction the government will (with immediate effect) charge 2c for every dollar […]
In a surprising turn of events, it seems the RBZ is finally warming up to cryptos. It took the President appointing a new Minister of Finance and said Minister of […]
As Zimbabwe continues to try to figure out the right formula to revive its economy, one of the most polarising issues is the issue of currency reforms. Some are of […]
Over the past two weeks the Bond/USD rate has spiked from around fifty-something percent to over a 100% and the shops are beginning to react. This most recent spike places […]
There is a ray of hope for cryptocurrencies fans in Zimbabwe after the new Finance Minister, Professor Mthuli Ncube showed a clear interest in digital currencies. He said that The […]
New Zimbabwe Minister of Finance Professor Mthuli Ncube has embarked on a listening and consulting roadshow with stakeholders, starting with a private meeting with captains of industry. Today, he met […]
He was going to get caught sooner or later.
PRESS STATEMENT CONCLUSION OF INVESTIGATIONS ON ACTIVITIES ON THE ZIMBABWE STOCK EXCHANGE Following the unprecedented speculative and destabilizing behaviour on the Zimbabwe Stock Exchange-(ZSE), which was in large part contributing […]
In 2018 alone, USD 40 billion passed through people’s phones and more than half of that money was passed through phones in Africa. Those stats tell a story of the […]
The issue of a biometric database for civil servants is not entirely new. President Mnangagwa and his Finance Minister have both made claims on separate occasions that this was one […]
Though many businesses have found the going extremely tough in our current economic climate, it seems TelOne is largely on an upward trend. The company seems to be finally reversing […]
Whilst we are still struggling to come to terms with the reintroduction of the Zimbabw Dollar, one politician has decided to challenge the introduction of RTGS Dollar, the predecessor of […]
President Emmerson Mnangagwa earlier today confirmed that Zimbabwe will re-introduce a local currency before 2019 is over. The President said the multi-currency system was no longer necessary as it was […]
A number of Zimbabweans harbour the feeling that people working eagerly in government companies and departments run the risk of being booted out because of that eagerness. Former NetOne CEO […]
Last year the new dispensation revealed their plans to revitalise the public sector. Part of the plan includes the privatisation of several parastatals. It is hoped that privatisation will make […]
The situation is dire to say the least. If you are an optimist looking for a silver lining (even a very temporary one), here’s one: ZIMRA workers are on strike […]
There is growing evidence that pressure of running what is increasingly a command economy is getting to the Zimbabwean government. Government officials instead of admitting failure or shortcomings, are constantly […]
The latest figures revealed by the government shows that the government is raking in good money from the much-hated 2% tax. As of the 26th of December 2018, the government […]