Harare, (New Ziana) – Finance and Economic Development Minister, Professor Mthuli Ncube admitted on Friday it was not easy for players in the economy to stop linking prices to the United States dollar after the country de-dollarised mid this year. He said exchange rate stability, especially against the United States Dollar, was key to addressing […]
Harare, November 03, 2019 (New Ziana) – Eight ministries have thrown in 2020 national budget bids of a combined $112 billion, far outstripping what government is capable of providing, Finance and Economic Development Minister, Mthuli Ncube has said. Government is preparing next year’s budget which is due for presentation shortly. And to get Parliament’s input […]
Harare, (New Ziana) –The Zimbabwean government has spent ZWL$465 million rehabilitating road infrastructure in the first 10 months of this year using funds collected through the once contentious Intermediated Money Transfer Tax (IMTT). The government introduced the IMTT, commonly referred to as the two percent tax, in October last year. The tax is charged on […]
Harare, (New Ziana) – Finance and Economic Development Minister, Professor Mthuli Ncube has appointed a nine-member Monetary Policy Committee (MPC) to oversee the central bank’s effectiveness in introducing macro-economic policies that promote economic growth and stability. The MPC’s main role is to deal with issues around interest rate and inflation targeting, which have an impact […]