Yesterday the nation was presented with a breakdown of the national budget 2022 by Finance Minister Mthuli Ncube. As you might expect the reactions to the budget are varied. 2022 National Budget The minister of Finance yesterday announced a $$927,3 billion budget which various publications and officials have called “lifeless.” Contrarily, publications such as the… Continue reading National Budget: “There is nothing for us in this budget” cries teachers’ union
Tag: Minister of Finance
Zimbabwean economy is finally on a solid foundation: Eddie Cross
This morning I had breakfast with three friends and we were charged at the rate of 115 to 1 for our food which was priced in US dollars. Later I had coffee with another group of friends and the rate charged was 120 to 1. On the auction that week, the weighted average rate was… Continue reading Zimbabwean economy is finally on a solid foundation: Eddie Cross
Zimbabwe received a staggering US$1 billion from diasporans in 2020
In a recording breaking turn of events remittances send to the country from Diasporans have since overtaken foreign aid. 2020’s remittances have broken the record by having the highest ever remittances sent from abroad. Speaking to journalists in Bulawayo, Finance Minister Mthuli Ncube pointed out that the remittances received in all of 2020 amounted to… Continue reading Zimbabwe received a staggering US$1 billion from diasporans in 2020
Companies using informal sector rates are funding smuggling says Eddie Cross
Two years ago, the new Minister of Finance in Zimbabwe brought together a small group of local business persons in an informal advisory group. I was privileged to be included. Our meetings were irregular, largely driven by the Ministers need for a sounding board against which he could bounce ideas and problems. The great thing… Continue reading Companies using informal sector rates are funding smuggling says Eddie Cross
DOWNLOAD: Zimbabwe Fiscal Policy Statement Issued on 1 October 2018 (PDF)
Zimbabwean Finance Minister Mthuli Ncube, delivered his fiscal policy statement or what he calls Fiscal measures for recersing fiscal dis-equilibrium on the 1st of October 2018 for 2018. You can download the full statement in PDF below: DOWNLOAD 2018 Fiscal Measures PDF