Patrick Chinamasa

By Phillimon Mhlanga Finance Minister, Patrick Chinamasa, last week delivered a high sounding national budget that critics said lacked any attempt to meaningfully resolve the country’s current economic crisis, characterised by runaway…
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By Ndakaziva Majaka The Zimbabwe Power Company (ZPC) is set to invest $45,6 million towards procurement of transformers and other accessories to fund a transmission and distribution programme, with an additional $29,5 million earmarked…
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By Farayi Machamire Finance minister Patrick Chinamasa says land barons are giving him “sleepless nights” as they are raking in millions of dollars in untaxed money so that he now agrees with the notion that “there is no rule of law in…
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By Gift Phiri President Robert Mugabe’s stone-broke government is heading for another big showdown with restive civil servants after both the nonagenarian and Finance minister Patrick Chinamasa doggedly chose to keep mum this week…
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The introduction of bond notes in Zimbabwe has not been as apocalyptic as predicted by critics. Nor has it been as positive as anticipated by those that support their introduction.  And in both cases, the politics of the bond notes has been…
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Government workers have said they would welcome bonus payments from their cash-strapped employer in bond notes, but warned the surrogate currency should not be used to ruin the country’s fragile economy. This comes as Public Service,…
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By Oliver Kazunga The Zanu PF government has increased the list of goods under Statutory Instrument 64 of 2016 among a raft of measures it claims are aimed at protecting local industry and stimulating domestic production and exports.…
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By MacDonald Dzirutwe Zimbabwe's economy has stagnated this year while its budget deficit has exploded, the government said on Thursday, adding to President Robert Mugabe's problems as he faces unprecedented protests over cash shortages…
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By Mugove Tafirenyika Vice President Emmerson Mnangagwa and Finance minister Patrick Chinamasa were yesterday grilled in Parliament over bond notes-public hearings, which legislators say should have been done before the introduction of…
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Long queues outside ATMs. Security guards confirming that those machines that are already empty “won’t be stocked until Monday”. A banking official speaking privately of “truckloads” of bond notes on the move before the weekend.…
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