zimbabwe budget

When the GNU Government was sworn in 2009, the new Minister of Finance had a daunting task – total revenues to the State from all sources in 2008 had been just US$280 million. All schools were closed, the average wage of a Civil Servant was…
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If there is anything Patrick Chinamasa, the Minister of finance, achieved on Thursday, it was the acknowledgement of the fundamental problems faced by Zimbabwe today, the avoidance of introducing the Zimbabwe dollar and the clarification of…
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Mavambo Kusile Dawn President, Simba Makoni has described as superficial and shallow, Finance Minister, Patrick Chinamasa’s $4,2 billion budget saying the financial plan does not reflect how government will steer Zimbabwe’s social and…
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The government has turned to continental lender the Africa Import-Export Bank for a $100 million loan which will be used to prop up indigenous banks.
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HARARE – Zimbabwe announced plans to raise the tax on mining companies for diamond sales in its budget on Thursday and said it was planning a new levy on unprocessed platinum as part of efforts to force platinum mines to set up a refinery…
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The main opposition MDC-T party on Friday hammered the 2014 national budget presented by Finance Minister Patrick Chinamasa arguing it will have a negative impact on the ordinary person “as it does not have measures in place to fund…
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Allow me please, to introduce you to one of my favourite words, assuming of course that you do not know it already. It is a wonderfully evocative Yiddish word for which there is no one-word equivalent in English.
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Finance Minister Patrick Chinamasa on Thursday tabled a $4.4 billion budget in Parliament, at which he predicted the economy will grow by 6,4 percent in 2014. The 2013 budget was $3.8 billion.
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The following is the full budget statement presented to the Parliament of Zimbabwe by Finance Minister Patrick Chinamasa.
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Finance minister Patrick Chinamasa presents the budget on Thursday, the first since ZANU PF ‘won’ the much disputed elections in July. But since those elections the economy has virtually ground to a halt.
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