Harare (New Ziana) – Finance, economic development and investment promotion Minister Prof. Mthuli Ncube on Thursday presented a Z$59.5 trillion 2024 national budget, to be financed through projected tax revenue collections of Z$51.2 trillion, non-tax inflows of Z$2.7 trillion, and borrowings. Zimbabwe’s 2023 national budget was Z$4.2 trillion. “Mr Speaker Sir, in line with the […]
Harare (New Ziana) – The US$300 COVID and cushioning allowance civil servants are paid will become part of pensionable salary across the board beginning next January next year, a cabinet minister said on Thursday. This was part of a raft of tax and other incentives Finance, Economic Development and Investment Promotion Minister, Prof Mthuli Ncube […]
Harare (New Ziana)-The budget cap of ZW$130 billion (approximately US$7.41 million) which Treasury set for the Ministry of Youth in 2024 will not be adequate to meet its obligations, Parliament has said. Chairperson of the Parliamentary Portfolio Committee on Youth Empowerment, Development and Vocational Training chairperson Mutswashe Ziyambi said this while presenting the Ministry’s 2024 […]
Harare (New Ziana) – The government’s plans to upgrade units 1 to 6 at Hwange Power Station will add an additional 350 megawatts of power, a move expected to help alleviate current electricity supply challenges, Energy and Power Development permanent secretary, Gloria Magombo said Thursday. The government has announced plans upgrade the six units at […]