Patrick Chinamasa

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18h
AllAfrica.com
World Bank Says It Has Funded U.S $1,6 Billion Worth of Development Projects Since 1980THE new World Bank country director for seven SADC member countries, including
World Bank Says It Has Funded U.S $1,6 Billion Worth of Development Projects Since 1980
AllAfrica.com / Posted 18 hours ago
THE new World Bank country director for seven SADC member countries, including Zimbabwe, arrived in the country on Thursday for the first time on a two day working visit. Guang Zhe Chen is the Bretton Woods institution's new country director for... Read more
18h
AllAfrica.com
FBC Reports Increase in Headline EarningsZIMBABWE Stock Exchange-listed financial services group, FBC Holdings, has prod
FBC Reports Increase in Headline Earnings
AllAfrica.com / Posted 18 hours ago
ZIMBABWE Stock Exchange-listed financial services group, FBC Holdings, has produced a satisfactory performance in the six months to June, reporting a five percent increase in headline earnings per share despite a challenging operating... Read more
2d
AllAfrica.com
Land Audit Fails to Kick Off As Government Fails to Raise U.S $35 MillionThe much-awaited national land audit which is expected to look into multiple fa
Land Audit Fails to Kick Off As Government Fails to Raise U.S $35 Million
AllAfrica.com / Posted 2 days ago
The much-awaited national land audit which is expected to look into multiple farm ownership and under-utilised land, is yet to start as the government fails to raise $35 million required for the exercise. The audit was expected to start in April, in... Read more
2d
AllAfrica.com
Farmers Turn to Fishing As Zimbabwe Crops FailWedza — Every morning, Josphat Kamwi joins scores of villagers at a muddy dam n
Farmers Turn to Fishing As Zimbabwe Crops Fail
AllAfrica.com / Posted 2 days ago
Wedza — Every morning, Josphat Kamwi joins scores of villagers at a muddy dam near Shurugwi in the heart of Zimbabwe's maize-growing midlands. He drags his converted mosquito nets through the murky water. Kamwi, 52, is a farmer by trade. But such is... Read more
2d
New Zimbabwe
Govt fails to raise $35m for land auditMARONDERA: The much-awaited national land audit which is expected to look into
Govt fails to raise $35m for land audit
New Zimbabwe / Posted 2 days ago
MARONDERA: The much-awaited national land audit which is expected to look into multiple farm ownership and under-utilised land, is yet to start as the government fails to raise $35 million required for the exercise. The audit was expected to start... Read more
3d
AllAfrica.com
IMF Comes to TownTHE International Monetary Fund team will jet in tomorrow for a review of the s
IMF Comes to Town
AllAfrica.com / Posted 3 days ago
THE International Monetary Fund team will jet in tomorrow for a review of the second economic reform plan for Zimbabwe amid indications that the country has met some of its set targets. The team will be in the country from August 31 to September... Read more
3d
AllAfrica.com
President Signs Varsity BillPresident Mugabe has assented to the Marondera University of Agricultural Scien
President Signs Varsity Bill
AllAfrica.com / Posted 3 days ago
President Mugabe has assented to the Marondera University of Agricultural Sciences and Technology Act while the Finance Bill was gazetted and would soon be tabled in Parliament for debate. The Marondera University of Agricultural Sciences and... Read more
4d
New Zimbabwe
Business laments looming power crisisBUSINESS lobby groups have lamented the looming power crisis if the country’s b
Business laments looming power crisis
New Zimbabwe / Posted 4 days ago
BUSINESS lobby groups have lamented the looming power crisis if the country’s biggest electricity producer Zimbabwe Power Company (ZPC) goes ahead with a proposed shutdown of hydro-electricity plant Kariba Power Station. ZPC on Thursday warned that... Read more
6 related stories
5d
The Zimbabwe Standard
IMF comes to townTHE International Monetary Fund team will jet in tomorrow for a review of the s
IMF comes to town
The Zimbabwe Standard / Posted 5 days ago
THE International Monetary Fund team will jet in tomorrow for a review of the second economic reform plan for Zimbabwe amid indications that the country has met some of its set targets. BY VICTORIA MTOMBA The team will be in the country from August... Read more
5d
AllAfrica.com
Govt Securitises U.S.$600 Million RBZ DebtGOVERNMENT has securitised the Reserve Bank of Zimbabwe (RBZ) debt amounting to
Govt Securitises U.S.$600 Million RBZ Debt
AllAfrica.com / Posted 5 days ago
GOVERNMENT has securitised the Reserve Bank of Zimbabwe (RBZ) debt amounting to US$603,8 million. The securitisation of part of that debt means that government has taken over assets underlying that debt, which is now secured. It can now begin... Read more
5d
iol.co.za
Zim laments looming power crisisREUTERSRehabilitation of Kariba Dam, separate from plant extensions, fell under
Zim laments looming power crisis
iol.co.za / Posted 5 days ago
REUTERSRehabilitation of Kariba Dam, separate from plant extensions, fell under the auspices of the multinational Kariba Dam Rehabilitation Project, and US295 million had been spent through a combination of grants and loans to Zimbabwe and... Read more
6 related stories
5d
New Zimbabwe
Mnangagwa: I’m not president in waitingVICE President Emmerson Mnangagwa has said his current party and government pos
Mnangagwa: I’m not president in waiting
New Zimbabwe / Posted 5 days ago
VICE President Emmerson Mnangagwa has said his current party and government positions do not make him President-in-waiting. He spoke about President Robert Mugabe’s succession, the country’s imploding economy and Zanu PF divisions in an interview... Read more
6 related stories
6d
AllAfrica.com
Diamonds Lose Their Bling in ZimbabweTHE value of Zimbabwe's diamonds on the international market tumbled by as much
Diamonds Lose Their Bling in Zimbabwe
AllAfrica.com / Posted 6 days ago
THE value of Zimbabwe's diamonds on the international market tumbled by as much as 56% between 2013 and 2014 to US$238,6 million as the country's precious stone seems to be losing its shine. According to the latest figures obtained from the Kimberly... Read more
6d
AllAfrica.com
Zimra Chief in Bank Tax ScandalZimbabwe Revenue Authority (Zimra) commissioner-general Gershem Pasi is embroil
Zimra Chief in Bank Tax Scandal
AllAfrica.com / Posted 6 days ago
Zimbabwe Revenue Authority (Zimra) commissioner-general Gershem Pasi is embroiled in a conflict of interest saga after it emerged he is a shareholder in Tetrad Holdings, the holding company of troubled Tetrad Investment Bank now under judicial... Read more
6d
AllAfrica.com
ZSE Prepares Listing of Debt InstrumentsThe Zimbabwe Stock Exchange is at an advanced stage in preparations for the lis
ZSE Prepares Listing of Debt Instruments
AllAfrica.com / Posted 6 days ago
The Zimbabwe Stock Exchange is at an advanced stage in preparations for the listing of debt instruments on the bourse which will offer the market a wider array of tradable securities beyond just shares and debentures. As part of the preparations for... Read more
6d
AllAfrica.com
IMF Warns Zim On Slowing GrowthTHE International Monetary Fund (IMF) on Wednesday warned of the risks associat
IMF Warns Zim On Slowing Growth
AllAfrica.com / Posted 6 days ago
THE International Monetary Fund (IMF) on Wednesday warned of the risks associated with Zimbabwe's slowing economic growth rate now pegged 1,5 percent, down from 3,2 percent. Although the country was on course to meet set targets under IMF's Staff... Read more
7d
AllAfrica.com
Zim Could Exploit Swedish MarketZIMBABWE'S export trade promotion board, ZimTrade, says it will conduct trainin
Zim Could Exploit Swedish Market
AllAfrica.com / Posted 7 days ago
ZIMBABWE'S export trade promotion board, ZimTrade, says it will conduct trainings to encourage exports to Sweden, as the country battles to reduce a widening trade deficit currently estimated at over US$3,5 billion. ZimTrade says there are lucrative... Read more
7d
AllAfrica.com
'Scrap Tourism Tax'PARLIAMENT has implored government to completely scrap off the 15 percent Value
'Scrap Tourism Tax'
AllAfrica.com / Posted 7 days ago
PARLIAMENT has implored government to completely scrap off the 15 percent Valued Added Tax (VAT) on foreign tourists introduced by Finance and Economic Development Minister, Patrick Chinamasa, last year saying the sector will be severely crippled if... Read more
7d
AllAfrica.com
Bri Deal Gets High Court NodTHE High Court of Zimbabwe has sanctioned a scheme of arrangement meeting betwe
Bri Deal Gets High Court Nod
AllAfrica.com / Posted 7 days ago
THE High Court of Zimbabwe has sanctioned a scheme of arrangement meeting between the shareholders of troubled milling and food processing firm, Blue Ribbon Industries (BRI) and its creditors next week on Wednesday in the capital, the Financial... Read more
7d
AllAfrica.com
Govt Abandons IndigenisationGOVERNMENT has abandoned its populist indigenisation policy in a desperate atte
Govt Abandons Indigenisation
AllAfrica.com / Posted 7 days ago
GOVERNMENT has abandoned its populist indigenisation policy in a desperate attempt to lure offshore capital required to revive the country's disintegrating economy, the Financial Gazette can report. The move is meant to bailout a sick and struggling... Read more
8d
AllAfrica.com
Zim Economy in for Long Winter Period - ExecBy Memory Mataranyika and Malcom Sharara Zimbabwean President Robert Mugabe's
Zim Economy in for Long Winter Period - Exec
AllAfrica.com / Posted 8 days ago
By Memory Mataranyika and Malcom Sharara Zimbabwean President Robert Mugabe's failure to address indigenisation and uncertainty around economic policies in the state of the nation address he delivered on Tuesday are the country's biggest threats to... Read more
8d
iol.co.za
Mugabe asks for helpHarare - Zimbabwean President Robert Mugabe said Tuesday that he welcomed weste
Mugabe asks for help
iol.co.za / Posted 8 days ago
Harare - Zimbabwean President Robert Mugabe said Tuesday that he welcomed western re-engagement in his country’s economy, the first such statement in a decade and a half of strained relations with the US and Europe. Giving his State of the Nation... Read more
2 related stories
8d
Mail & Guardian
Zim economy: Mugabe asks the West for helpZimbabwe President Robert Mugabe said Tuesday in his first State of the Nation
Zim economy: Mugabe asks the West for help
Mail & Guardian / Posted 8 days ago
Zimbabwe President Robert Mugabe said Tuesday in his first State of the Nation address in eight years that he welcomed Western assistance in his country’s economy – the first such statement in a decade and a half of strained relations with the US and... Read more
2 related stories
8d
AllAfrica.com
Chamisa Demands Mugabe Answers Questions, Speaker Says Call ConstitutionalMDC-T legislator Nelson Chamisa successfully moved a motion have President Robe
Chamisa Demands Mugabe Answers Questions, Speaker Says Call Constitutional
AllAfrica.com / Posted 8 days ago
MDC-T legislator Nelson Chamisa successfully moved a motion have President Robert Mugabe recalled to Parliament and answer questions regarding his state of the nation address which was delivered on Tuesday. Parliament Speaker backed Chamisa in a... Read more
2 related stories
9d
New Zimbabwe
Chamisa wins Mugabe recall, Zanu PF ragesMDC-T legislator Nelson Chamisa successfully moved a motion have President Robe
Chamisa wins Mugabe recall, Zanu PF rages
New Zimbabwe / Posted 9 days ago
MDC-T legislator Nelson Chamisa successfully moved a motion have President Robert Mugabe recalled to Parliament and answer questions regarding his state of the nation address which was delivered on Tuesday. Parliament Speaker backed Chamisa in a... Read more
2 related stories
9d
The Times & The Sunday Times
Mugabe reaches out to the WestGiving his state of the nation address in the capital Harare, Mugabe, 91, also
Mugabe reaches out to the West
The Times & The Sunday Times / Posted 9 days ago
Giving his state of the nation address in the capital Harare, Mugabe, 91, also called for the strengthening of ties with multilateral institutions, including the International Monetary Fund and World Bank. "My government values re-engagement of the... Read more
2 related stories
9d
AllAfrica.com
'7 926 Cars Imported Through Beitbridge'The Zimbabwe Revenue Authority (Zimra) says it has handled a total of 7 926 imp
'7 926 Cars Imported Through Beitbridge'
AllAfrica.com / Posted 9 days ago
The Zimbabwe Revenue Authority (Zimra) says it has handled a total of 7 926 imports of second-hand vehicles through Beitbridge Border Post between April and June this year. This brings to 13 904 the total number of cars imported through the same... Read more
9d
AllAfrica.com
Govt Imposes Limit on Paid Maternity Leave for TeachersBulawayo, Zimbabwe — A teachers union in Zimbabwe is protesting the government'
Govt Imposes Limit on Paid Maternity Leave for Teachers
AllAfrica.com / Posted 9 days ago
Bulawayo, Zimbabwe — A teachers union in Zimbabwe is protesting the government's limit on the number of paid maternity leaves its women members can receive to just three. The national Public Service Commission, which oversees civil servants, and... Read more
10d
New Zimbabwe
Sakala appointed new IBDZ bossTHE government has appointed former Africa Development Bank (AfDB) vice-preside
Sakala appointed new IBDZ boss
New Zimbabwe / Posted 10 days ago
THE government has appointed former Africa Development Bank (AfDB) vice-president Thomas Zondo Sakala as the new chief executive of the Infrastructure Development Bank of Zimbabwe (IDBZ) with effect from September 1. Finance and minister Patrick... Read more
11d
iol.co.za
Rand, yuan plunges rattle Zim economyBLOOMBERG NEWSA young boy sells his goods from a stall by the roadside, using U
Rand, yuan plunges rattle Zim economy
iol.co.za / Posted 11 days ago
BLOOMBERG NEWSA young boy sells his goods from a stall by the roadside, using US dollars in Harare, Zimbabwe. Informal traders are some of the few that will benefit from the devaluation in the currencies of Zimbabwes two biggest trade partners. File... Read more
11d
AllAfrica.com
Govt to Cut Allowances for Civil ServantsGovernment is set to cut allowances for its workforce in a cost-cutting move th
Govt to Cut Allowances for Civil Servants
AllAfrica.com / Posted 11 days ago
Government is set to cut allowances for its workforce in a cost-cutting move that is expected to see huge income losses for civil servants. Earnings for most government workers are made up more of allowances than basic pay. The move is designed to... Read more
2 related stories
11d
The Zimbabwe Standard
Shares register processes trades worth $142m The Central Securities Depository (CSD) has so far processed 1 809 Zimbabwe S
Shares register processes trades worth $142m
The Zimbabwe Standard / Posted 11 days ago
The Central Securities Depository (CSD) has so far processed 1 809 Zimbabwe Stock exchange (ZSE) trades worth $142 million nearly a year after the system went live, Finance minister Patrick Chinamasa has... Read more
11d
AllAfrica.com
'Mnangagwa to Become President'PROSPECTS of a government led by current Vice-President Emmerson Mnangagwa are
'Mnangagwa to Become President'
AllAfrica.com / Posted 11 days ago
PROSPECTS of a government led by current Vice-President Emmerson Mnangagwa are looking brighter now than ever before and Zimbabweans must brace themselves for his rule, analysts have said. But Ngwena [crocodile], as Mnangagwa is known in political... Read more
9 related stories
11d
The Zimbabwe Standard
Govt to cut allowances for civil servants Government is set to cut allowances for its workforce in a cost-cutting move
Govt to cut allowances for civil servants
The Zimbabwe Standard / Posted 11 days ago
Government is set to cut allowances for its workforce in a cost-cutting move that is expected to see huge income losses for civil servants. Earnings for most government workers are made up more of... Read more
2 related stories
11d
The Zimbabwe Standard
‘Mnangagwa to become president’ PROSPECTS of a government led by current Vice-President Emmerson Mnangagwa ar
‘Mnangagwa to become president’
The Zimbabwe Standard / Posted 11 days ago
PROSPECTS of a government led by current Vice-President Emmerson Mnangagwa are looking brighter now than ever before and Zimbabweans must brace themselves for his rule, analysts have said. But Ngwena [crocodile], as... Read more
9 related stories
12d
AllAfrica.com
Zambia Economic Success - What Lessons Can We Draw?For more than three decades Zimbabwe boasted a higher per capita GDP than Zambi
Zambia Economic Success - What Lessons Can We Draw?
AllAfrica.com / Posted 12 days ago
For more than three decades Zimbabwe boasted a higher per capita GDP than Zambia and attracted significantly more investment. Between 1970-2004, Zimbabwe's per capita GDP was higher than Zambia and GDP growth was almost double. Over the last two... Read more
12d
AllAfrica.com
Mugabe Succession Recipe for DisasterThat Zimbabwe is in a dire state is now common cause and a serious point of con
Mugabe Succession Recipe for Disaster
AllAfrica.com / Posted 12 days ago
That Zimbabwe is in a dire state is now common cause and a serious point of concern among the well-meaning. Some say but for the façade of stability conferred by the multi-currency regime underpinned by foreign currencies over which we have no... Read more
13d
AllAfrica.com
Govt Muddles Through ReformsThe review of Zimbabwe's economic performance under the International Monetary
Govt Muddles Through Reforms
AllAfrica.com / Posted 13 days ago
The review of Zimbabwe's economic performance under the International Monetary Fund (IMF)'s Staff-Monitored Programme (SMP) later this month has stampeded authorities to muddle through several reform measures which include the current amendment of... Read more
2 related stories
13d
AllAfrica.com
Insurance, Pension Funds Probe Set UpBy Farirai Machivenyika and Masline Mavudzi President Mugabe yesterday swore i
Insurance, Pension Funds Probe Set Up
AllAfrica.com / Posted 13 days ago
By Farirai Machivenyika and Masline Mavudzi President Mugabe yesterday swore in an eight-member commission to probe the conversion process for insurance contributions and pension benefits when the country dollarised in 2009. This follows concerns... Read more
13d
AllAfrica.com
Television Legislators, We Presume?The first instalment on this column about two years ago ruffled feathers when i
Television Legislators, We Presume?
AllAfrica.com / Posted 13 days ago
The first instalment on this column about two years ago ruffled feathers when it raised the fact that some MPs were only attending parliamentary proceedings briefly just to mark themselves present before walking out within five minutes. By being... Read more
13d
AllAfrica.com
Latest - Hope for Zim Dollar PensionersBy Farirai Machivenyika and Masline Mavudzi President Mugabe today swore in an
Latest - Hope for Zim Dollar Pensioners
AllAfrica.com / Posted 13 days ago
By Farirai Machivenyika and Masline Mavudzi President Mugabe today swore in an eight member commission to probe the conversion process of insurance and pension benefits when the country dollarised in 2009 following concerns raised by policy holders... Read more
13d
Mail & Guardian
More Zim farms up for grabsThe Zimbabwe government took a major step towards eliminating the once-thriving
More Zim farms up for grabs
Mail & Guardian / Posted 13 days ago
The Zimbabwe government took a major step towards eliminating the once-thriving white ­commercial farming sector this week by gazetting 23 of the remaining 300 farms owned by white Zimbabweans for ­expropriation. The planned seizures in the... Read more
14d
AllAfrica.com
Zim's Best, Worst LegislatorsMORE than half of the 292 legislators in the eighth Parliament have not made an
Zim's Best, Worst Legislators
AllAfrica.com / Posted 14 days ago
MORE than half of the 292 legislators in the eighth Parliament have not made any meaningful contribution to the legislative agenda before the august House, raising questions about the calibre of individuals sent to represent the interests of the... Read more
9 related stories
14d
AllAfrica.com
Challenges in Mobilising Agric Funding for 2015/16 SeasonTHE Minister of Finance Patrick Chinamasa recently announced, in his 2015 Mid T
Challenges in Mobilising Agric Funding for 2015/16 Season
AllAfrica.com / Posted 14 days ago
THE Minister of Finance Patrick Chinamasa recently announced, in his 2015 Mid Term Fiscal Policy, that the country will need US$1,7 billion for the 2015/16 summer season. This money is expected to come from different sources that include loans from... Read more
14d
AllAfrica.com
Potraz Finalises Compulsory Infrastructure Sharing DraftTHE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is
Potraz Finalises Compulsory Infrastructure Sharing Draft
AllAfrica.com / Posted 14 days ago
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is finalising draft rules for compulsory sharing of infrastructure in the telecoms sector following last month's directive from Government which gave the sector three months... Read more
14d
AllAfrica.com
'Farmers Holding On to Surplus Grain'The private sector has imported 101 716 tonnes of maize to cover the grain defi
'Farmers Holding On to Surplus Grain'
AllAfrica.com / Posted 14 days ago
The private sector has imported 101 716 tonnes of maize to cover the grain deficit as local farmers shun delivering their maize to the Grain Marketing Board. This has compromised the Strategic Grain Reserve (SGR). Government issued permits for the... Read more
15d
AllAfrica.com
Agric Season Poised for Major ReboundThe summer cropping season starting in the next few months is set for a major r
Agric Season Poised for Major Rebound
AllAfrica.com / Posted 15 days ago
The summer cropping season starting in the next few months is set for a major rebound after stakeholders yesterday said all that was needed for success, including the necessary inputs, was already in place. Fertiliser and seed suppliers said they had... Read more
15d
AllAfrica.com
Zimbabwe Job Losses - Govt's Crocodile TearsA ruling by Zimbabwe's Supreme Court has led to more than 20000 workers losing
Zimbabwe Job Losses - Govt's Crocodile Tears
AllAfrica.com / Posted 15 days ago
A ruling by Zimbabwe's Supreme Court has led to more than 20000 workers losing their jobs, according to worker's unions. In his inaugural blog for Waza, Blessing Ivan Vava interrogates the hypocrisy of the government's reaction. A friend of mine in... Read more
2 related stories
17d
AllAfrica.com
Mugabe Government Won't Make It to 2016 – ExZimbabwe's former finance minister Tendai Biti has reportedly said that Preside
Mugabe Government Won't Make It to 2016 – Ex
AllAfrica.com / Posted 17 days ago
Zimbabwe's former finance minister Tendai Biti has reportedly said that President Robert Mugabe's regime won't manage the country's current economic turmoil beyond the next four months. Biti's remarks come as thousands of workers have lost their... Read more
17d
AllAfrica.com
Govt Signs Bippas to Attract FdiGOVERNMENT has signed about 54 Bilateral Investment Protection and Promotion Ag
Govt Signs Bippas to Attract Fdi
AllAfrica.com / Posted 17 days ago
GOVERNMENT has signed about 54 Bilateral Investment Protection and Promotion Agreements (Bippas) which are at different stages of compliance with the country's constitutional requirements as it moves to attract foreign investments, a senior central... Read more
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