Ministry of finance and economic development

In a move that is seemingly meant to relentlessly fleece the public purse for the umpteenth time, President Emmerson Mnangagwa’s administration, through the Ministry of Finance on Wednesday gazetted the US$88 million loan for the Mbudzi…
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Finance Minister Mthuli Ncube has claimed that the government does "not have the resources" to finance ministries to the level that they expect. Responding to the MPs who had pointed out that government departments were underfunded, Ncube…
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Finance Minister Mthuli Ncube has been accused of not being clear on where he got the US$100 million to finance the procurement of Covid-19 vaccines. While debating on the 2023 Budget in Parliament on Thursday, Dzivarasekwa MP Edwin…
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Government has admitted that local banks are charging exorbitant charges but it does not have the power to introduce and cap the charges and protect the ordinary citizens of Zimbabwe.
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The Zimbabwean government has suspended duty on the importation of buses with public bus operators duly registered with the law of the land allowed to import not more than 20 buses per year.
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The Reserve Bank of Zimbabwe (RBZ) has announced the imminent introduction of a ZWL100 banknote amid the gradual loss of value of the local currency.
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It is now seven months since Finance Minister Mthuli Ncube promised to present to Parliament how government was going to utilise around US$1 billion allocated to Zimbabwe under the Special Drawing Rights (SDRs) from the International…
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The High Court has declared unconstitutional, a Reserve Bank of Zimbabwe (RBZ) exchange control directive converting sums in accounts originally designated in US dollars into Zimbabwe dollar-denominated accounts, ordering a bank to pay a…
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A Bulawayo man who was injured when his car was involved in a head on collision with a Ministry of Finance and Economic Development vehicle is suing the ministry and its driver for nearly $700 000 in damages.
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Government has finally released the long-awaited dates on which civil servants will receive their 2017 bonuses, with the payments to be made between next month and June. Civil servants will receive their bonuses on the same days that they…
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