Patrick Chinamasa

Latest articles

7h
AllAfrica.com
Don't Pay Bribes to Zimra - Kuzvinzwaat Beitbridge, Chirundu and Plumtree Border posts. Speaking at the same occasio
AllAfrica.com / Posted 7 hours ago
at Beitbridge, Chirundu and Plumtree Border posts. Speaking at the same occasion, Finance and Economic Development Minister Patrick Chinamasa said government was working tirelessly to curb corruption. He, however, bemoaned negative attitude in... Read more
13h
AllAfrica.com
Presidential Inputs Scheme to Expand Scopeyear. Presenting the 2016 annual budget review and outlook for 2017 on Thursda
AllAfrica.com / Posted 13 hours ago
year. Presenting the 2016 annual budget review and outlook for 2017 on Thursday, Finance and Economic Development Minister Patrick Chinamasa said mobilisation of financial resources, procurement of seeds, fertilisers and chemicals was... Read more
13h
AllAfrica.com
'Total Economic Revival Can't Be Achieved Overnight'Finance and Economic Development Minister Patrick Chinamasa has called for pati
AllAfrica.com / Posted 13 hours ago
Finance and Economic Development Minister Patrick Chinamasa has called for patience among Zimbabweans, saying total economic revival cannot be achieved overnight. Speaking at the Institute of Chartered Accountants of Zimbabwe (ICAZ) Winter School,... Read more
1d
AllAfrica.com
Manufacturing Sector Poised for Further GrowthFinance and Economic Development Minister Patrick Chinamasa says the manufactur
AllAfrica.com / Posted yesterday
Finance and Economic Development Minister Patrick Chinamasa says the manufacturing sector is this year poised for a further boom on the back of a strong agriculture production and regulatory interventions. The continued implementation of the... Read more
1d
AllAfrica.com
Gwanda Solar Price Markdown Gets Nodprice, since part of the project funding would now be raised locally. Further,
AllAfrica.com / Posted yesterday
price, since part of the project funding would now be raised locally. Further, Finance and Economic Development Minister Patrick Chinamasa, in the request for a price mark down, cited recent improvements in technology used in the construction of... Read more
1d
AllAfrica.com
Diamond Output Rises On U.S.$30 Million Injectionthe Annual Budget Review 2016 and Outlook for 2017 last week, Finance and Econo
AllAfrica.com / Posted yesterday
the Annual Budget Review 2016 and Outlook for 2017 last week, Finance and Economic Development Minister Patrick Chinamasa said the capitalisation of ZCDC has seen an upsurge in diamond production during the first half of the... Read more
1d
AllAfrica.com
Blanket Gold Mine Says Production Up 9%production target being reduced from 60,000 ounces to a revised target of betwe
AllAfrica.com / Posted yesterday
production target being reduced from 60,000 ounces to a revised target of between 52,000 and 57,000 ounces." Zimbabwe's extractive industry, according to Finance minister Patrick Chinamasa, contributed only two percent to economic growth last... Read more
1d
AllAfrica.com
Eskom to Continue Power Suppliesgenerating unit, the Zimbabwe Power Company (ZPC), earmarked for rehabilitation
AllAfrica.com / Posted yesterday
generating unit, the Zimbabwe Power Company (ZPC), earmarked for rehabilitation of its main power plants. Finance minister Patrick Chinamasa said in his mid-year fiscal review statement last week said that domestic power supply has largely... Read more
1d
iol.co.za
Production up in Zim's coal and diamond miningmining companies to the consolidation process and this had stalled gem mining i
iol.co.za / Posted yesterday
mining companies to the consolidation process and this had stalled gem mining in the country. However, Finance Minister Patrick Chinamasa said the consolidation process had enabled greater transparency in diamond mining and the ZCDC had now... Read more
1d
New Zimbabwe
SA to continue Zim power suppliesgenerating unit, the Zimbabwe Power Company (ZPC), earmarked for rehabilitation
New Zimbabwe / Posted yesterday
generating unit, the Zimbabwe Power Company (ZPC), earmarked for rehabilitation of its main power plants. Finance minister Patrick Chinamasa said in his mid-year fiscal review statement last week said that domestic power supply has largely... Read more
3d
New Zimbabwe
Chinamasa: Whole of Mat/land marginalisedFINANCE Minister Patrick Chinamasa has admitted Matebeleland provinces were mar
New Zimbabwe / Posted 3 days ago
FINANCE Minister Patrick Chinamasa has admitted Matebeleland provinces were marginalised, adding that they were also home to citizens who were not professionally developed to compete for top jobs with the rest. Chinamasa was speaking in Parliament... Read more
3d
New Zimbabwe
Zimbabwe banks still reluctant to lendabout lending in the poorly performing economy. Presenting the Mid-Term budget
New Zimbabwe / Posted 3 days ago
about lending in the poorly performing economy. Presenting the Mid-Term budget review on Thursday, finance minister Patrick Chinamasa said total banking sector deposits stood at $6,6 billion in the first quarter of 2017, up from $6,5 billion... Read more
3d
New Zimbabwe
Chinamasa lying - say white ex-farmersWHITE former commercial farmers have expressed bemusement at remarks by finance
New Zimbabwe / Posted 3 days ago
WHITE former commercial farmers have expressed bemusement at remarks by finance minister Patrick Chinamasa that government paid them $134m in compensation with most saying they haven’t seen a Bond Note of the claimed cash. More than 4,500 white... Read more
3 related articles
3d
New Zimbabwe
The missing 2m jobs: Psychology of failurestreets, their answer would be obvious. Yet, the government would have them bel
New Zimbabwe / Posted 3 days ago
streets, their answer would be obvious. Yet, the government would have them believe they are better off. Finance Minister Patrick Chinamasa has stood in Parliament and proudly declared: “The old economy is dead; a new economy has arisen.” The... Read more
3d
New Zimbabwe
Chinamasa optimistic on budget deficitachieving tax revenue performance 1, 4 percent above estimates during the first
New Zimbabwe / Posted 3 days ago
achieving tax revenue performance 1, 4 percent above estimates during the first half of the year 2017, Finance minister Patrick Chinamasa has said. However, the announcement comes against the background of conservative ministerial allocations... Read more
2 related articles
4d
Channel NewsAsia
Zimbabwe's evicted white farmers dispute government compensation claimsowners, often violently. Mugabe defended the seizures as necessary to redress c
Channel NewsAsia / Posted 4 days ago
owners, often violently. Mugabe defended the seizures as necessary to redress colonial exploitation. Finance Minister Patrick Chinamasa told parliament on Thursday that his government had paid US$134 million in unbudgeted money in compensation... Read more
3 related articles
4d
AllAfrica.com
Stellar Agriculture Performance, Better Metal Prices Citedhis 2016 National Budget Review and 2017 Outlook to Parliament yesterday, Finan
AllAfrica.com / Posted 4 days ago
his 2016 National Budget Review and 2017 Outlook to Parliament yesterday, Finance and Economic Development Minister Patrick Chinamasa said growth prospects were positive owing to the strong performance in agriculture and a modest rebound of... Read more
4d
AllAfrica.com
Budget Deficit Unlikely This Year - Finance Minister Chinamasarecorded tax revenue performance 1, 4 percent above estimates during the first
AllAfrica.com / Posted 4 days ago
recorded tax revenue performance 1, 4 percent above estimates during the first half of the year 2017, Finance minister, Patrick Chinamasa, has said. However, the announcement comes in the background of conservative allocations which have... Read more
2 related articles
4d
AllAfrica.com
Cabinet Okays U.S.$1 Billion Parastatals Debt Takeoverhis annual budget review and outlook for 2017 statement in Parliament yesterday
AllAfrica.com / Posted 4 days ago
his annual budget review and outlook for 2017 statement in Parliament yesterday, Finance and Economic Development Minister Patrick Chinamasa said the assumption of parastatal debts would continue on a case by case basis. "Cabinet has also approved... Read more
4d
AllAfrica.com
'Govt Has Collected U.S.$8 Million Airtime Tax Since January'Finance minister Patrick Chinamasa has revealed that over $8 million has been c
AllAfrica.com / Posted 4 days ago
Finance minister Patrick Chinamasa has revealed that over $8 million has been collected from airtime tax since January this year under the Health Fund. The 2017 budget introduced a Health Fund levy of five cents for every dollar of mobile airtime... Read more
4d
AllAfrica.com
Govt Has Paid U.S.$134 Million to Evicted White FarmersFrom left, Minister of finance Patrick Chinamasa and Reserve Bank Governor John
AllAfrica.com / Posted 4 days ago
From left, Minister of finance Patrick Chinamasa and Reserve Bank Governor John Mangudya (file photo). Government has so far paid $134 million in compensation to white farmers who lost their properties during the land grab programme, said Finance... Read more
3 related articles
4d
AllAfrica.com
Retail Shops in Trouble for Not Banking Cashof use of plastic money and the real time gross settlement (RTGS) platforms. F
AllAfrica.com / Posted 4 days ago
of use of plastic money and the real time gross settlement (RTGS) platforms. Finance and Economic Development Minister Patrick Chinamasa recently said Government had introduced various measures to address the liquidity challenges. These... Read more
4d
AllAfrica.com
Cabinet Moves to Plug Financial LeakagesCabinet held on June 13 directed that the malpractices be explicitly deal with,
AllAfrica.com / Posted 4 days ago
Cabinet held on June 13 directed that the malpractices be explicitly deal with, Finance and Economic Development Minister Patrick Chinamasa said in his Annual Budget Review for 2016 and Outlook for 2017 statements that were presented to Parliament... Read more
4d
AllAfrica.com
Freeze On Wages Stays, Mugabe's Office to Decide Way Forwarda remuneration framework being coordinated by the Office of the President and C
AllAfrica.com / Posted 4 days ago
a remuneration framework being coordinated by the Office of the President and Cabinet. This was said by finance minister Patrick Chinamasa during the presentation of the Mid-Term Policy Budget review Thursday. Chinamasa said remuneration and... Read more
4d
New Zimbabwe
Chinamasa: Budget defict unlikely in 2017recorded tax revenue performance 1, 4 percent above estimates during the first
New Zimbabwe / Posted 4 days ago
recorded tax revenue performance 1, 4 percent above estimates during the first half of the year 2017, Finance minister, Patrick Chinamasa, has said. However, the announcement comes in the background of conservative allocations which have... Read more
2 related articles
4d
New Zimbabwe
$8m airtime tax collected since Jan: GovtFINANCE minister Patrick Chinamasa has revealed that over $8 million has been c
New Zimbabwe / Posted 4 days ago
FINANCE minister Patrick Chinamasa has revealed that over $8 million has been collected from airtime tax since January this year under the Health Fund. The 2017 budget introduced a Health Fund levy of five cents for every dollar of mobile airtime... Read more
4d
New Zimbabwe
Freeze on wages stays, Bob to decidea remuneration framework being coordinated by the Office of the President and C
New Zimbabwe / Posted 4 days ago
a remuneration framework being coordinated by the Office of the President and Cabinet. This was said by finance minister Patrick Chinamasa during the presentation of the Mid-Term Policy Budget review Thursday. Chinamasa said remuneration and... Read more
4d
New Zimbabwe
Govt pays $134 m to evicted white farmersmillion in compensation to white farmers who lost their properties during the l
New Zimbabwe / Posted 4 days ago
million in compensation to white farmers who lost their properties during the land grab programme, said Finance minister Patrick Chinamasa. “On account of operations and maintenance for ministries and government departments, $220 million went... Read more
3 related articles
5d
New Zimbabwe
Zimbabwe economy to grow 3.7 pct in 2017said on Thursday, despite a public sector wage bill devouring much of the gover
New Zimbabwe / Posted 5 days ago
said on Thursday, despite a public sector wage bill devouring much of the government's expenditure. Finance Minister Patrick Chinamasa said that growth would be boosted by the farming sector, which is forecast to grow by 21.3% this year,... Read more
5d
News 24 South Africa
#News24 ICYMI: Tax shock for locals overseas, that Zuma tender, Jansen takes on academicsZimbabwean government overran its 2016 national budget by close to $1bn, Financ
News 24 South Africa / Posted 5 days ago
Zimbabwean government overran its 2016 national budget by close to $1bn, Finance and Economic Development Minister Patrick Chinamasa has said. Surprise cut in SA's interest rates SA Reserve Bank governor Lesetja Kganyago announced on... Read more
5d
AllAfrica.com
Agriculture Minister Made Meets Indian Envoyfor free, but they will have to pay. The matter will be concluded by the Minist
AllAfrica.com / Posted 5 days ago
for free, but they will have to pay. The matter will be concluded by the Minister of Finance and Economic Development Cde Patrick Chinamasa." Dr Made said irrigation was the main task, as the country needed to prepare for times when there would... Read more
5d
AllAfrica.com
Ministry Sets Up Units to Follow Up Auditor-General's ReportsFinance and Economic Development Minister Patrick Chinamasa has set up units wi
AllAfrica.com / Posted 5 days ago
Finance and Economic Development Minister Patrick Chinamasa has set up units within his ministry to follow up on Auditor-General Mrs Mildred Chiri's reports to deal with ineptitude within State enterprises and local government structures. This... Read more
5d
New Zimbabwe
FinMin budget review as economy sinksHARARE: Finance Minister Patrick Chinamasa will on Thursday take to the Parliam
New Zimbabwe / Posted 5 days ago
HARARE: Finance Minister Patrick Chinamasa will on Thursday take to the Parliament to review the country’s performance in the half-year and give an outlook for the rest of the year. Usually a big news event met with high anticipation, the midterm... Read more
7d
AllAfrica.com
'Promote Technology for Financial Inclusion'address at the Sadc Financial Inclusion Forum, held in South Africa last week,
AllAfrica.com / Posted 7 days ago
address at the Sadc Financial Inclusion Forum, held in South Africa last week, Finance and Economic Development Minister Patrick Chinamasa challenged the policy makers and regulators to engage pro-actively with innovators and financial service... Read more
7d
AllAfrica.com
Council Stalks Collapsed Steel Firm Over U.S.$12 Million Debtand it is owing us $12 million," said Whata. The government last year fired al
AllAfrica.com / Posted 7 days ago
and it is owing us $12 million," said Whata. The government last year fired all Zisco workers and with finance minister Patrick Chinamasa saying the State was taking over the company's $370m in a bid to attract new investors. This followed the... Read more
7d
AllAfrica.com
Finance Minister Meets Special Economic Zones Authority BoardFinance and Economic Development Minister Patrick Chinamasa has challenged the
AllAfrica.com / Posted 7 days ago
Finance and Economic Development Minister Patrick Chinamasa has challenged the recently appointed Special Economic Zones Authority (SEZA) board to spearhead an export-led growth of the economy and enhance the country's capacity to earn foreign... Read more
7d
AllAfrica.com
Is Finance Minister Diverting Millions to Wife's Organisation?Zimbabwe's Finance Minister Patrick Chinamasa. Legislators this Monday accused
AllAfrica.com / Posted 7 days ago
Zimbabwe's Finance Minister Patrick Chinamasa. Legislators this Monday accused finance minister Patrick Chinamasa of overriding cabinet by side-lining the Forestry Commission from managing a multi-million-dollar fund in favour of the Tobacco... Read more
7d
New Zimbabwe
MP’s: Chinamasa diverts millions to wifeLEGISLATORS this Monday accused finance minister Patrick Chinamasa of overridin
New Zimbabwe / Posted 7 days ago
LEGISLATORS this Monday accused finance minister Patrick Chinamasa of overriding cabinet by side-lining the Forestry Commission from managing a multi-million-dollar fund in favour of the Tobacco Industry and Marketing Board (TIMB) where his wife is... Read more
7d
New Zimbabwe
Redcliff stalks defunct Zisco over $12m debtand it is owing us $12 million,” said Whata. The government last year fired al
New Zimbabwe / Posted 7 days ago
and it is owing us $12 million,” said Whata. The government last year fired all Zisco workers and with finance minister Patrick Chinamasa saying the State was taking over the company’s $370m in a bid to attract new investors. This followed the... Read more
11d
AllAfrica.com
Bond Notes Fuel Inflation - IMFto pay debts owed to power utility Zesa by State enterprises. This is despite
AllAfrica.com / Posted 11 days ago
to pay debts owed to power utility Zesa by State enterprises. This is despite Finance and Economic Development Minister, Patrick Chinamasa, warning that further injection of T-bills would have dire consequences on the economy. "Government... Read more
11d
AllAfrica.com
Zimbabwe to Mortgage Gold for Loanschanged circumstances since the plan was tabled nearly two years ago. However,
AllAfrica.com / Posted 11 days ago
changed circumstances since the plan was tabled nearly two years ago. However, Finance and Economic Development Minister, Patrick Chinamasa, announced in April that Zimbabwe's debt refinancing plan had been approved by both the World Bank and... Read more
11d
AllAfrica.com
Financial Inclusion Key to Regional Developmenthelps us to know our real economy and thus plan accordingly. This is an abridg
AllAfrica.com / Posted 11 days ago
helps us to know our real economy and thus plan accordingly. This is an abridged version of a keynote presentation made by Finance Minister Honourable Patrick Chinamasa at the SADC Financial Inclusion Forum, Centurion, South Africa... Read more
2 related articles
12d
AllAfrica.com
Central Bank Seeks U.S.$500 Million FacilityFrom left, Minister of finance Patrick Chinamasa and Reserve Bank Governor John
AllAfrica.com / Posted 12 days ago
From left, Minister of finance Patrick Chinamasa and Reserve Bank Governor John Mangudya (file photo). By Tawanda Musarurwa and Kudakwashe Mhundwa The Reserve Bank of Zimbabwe (RBZ) is seeking a $500 million facility to cover the foreign currency... Read more
12d
AllAfrica.com
Pretenders Free to Leave - VP MnangagwaFund (IMF) and World Bank last month, our GDP has risen by 2,6 percent this yea
AllAfrica.com / Posted 12 days ago
Fund (IMF) and World Bank last month, our GDP has risen by 2,6 percent this year," he said. "Our Finance Minister Cde Patrick Chinamasa projected that our GDP would grow by 3,7 percent. This is because of our agricultural programmes, the... Read more
13d
AllAfrica.com
Former Parastatal Workers Receive 40% of Month's Pay After 8 Yearsafter government minister threw spanners into the works. Workers have not been
AllAfrica.com / Posted 13 days ago
after government minister threw spanners into the works. Workers have not been paid for years and, 2016, Finance Minister Patrick Chinamasa, said they would all be fired without indicating whether any terminal benefits would be paid. However,... Read more
13d
New Zimbabwe
Zisco staff get 40pct pay after 8yrsafter government minister threw spanners into the works. Workers have not been
New Zimbabwe / Posted 13 days ago
after government minister threw spanners into the works. Workers have not been paid for years and, 2016, Finance Minister Patrick Chinamasa, said they would all be fired without indicating whether any terminal benefits would be paid. However,... Read more
14d
AllAfrica.com
Zimpapers Launches Business WeeklyInformation, Media and Broadcasting Services Minister Dr Chris Mushohwe; Financ
AllAfrica.com / Posted 14 days ago
Information, Media and Broadcasting Services Minister Dr Chris Mushohwe; Finance and Economic Development Minister Patrick Chinamasa and Harare Mayor Councillor Bernard Manyenyeni, among other dignitaries. VP Mnangagwa told the delegates... Read more
15d
AllAfrica.com
Jonathan Moyo - Policy or Succession Contest?too well the sabre-rattling character of this talkative professor. He accuses
AllAfrica.com / Posted 15 days ago
too well the sabre-rattling character of this talkative professor. He accuses Finance and Economic Development Minister Patrick Chinamasa of being a "black Rhodesian," whatever that means. Some of us were born in Rhodesia, and it does not take... Read more
16d
AllAfrica.com
Mugabe Health Woes Mounttravels cost that stood at $53,27 million as of December, more than double the
AllAfrica.com / Posted 16 days ago
travels cost that stood at $53,27 million as of December, more than double the $23 million set aside by Finance Minister Patrick Chinamasa for the purpose. Mugabe's office remained the biggest spender, chewing $30,7 million in foreign travels... Read more
4 related articles
16d
Eye Witness News
Zimbabwe maize subsidy adds $118 million to mounting debtfarmers and sells to these private millers, totalling $118 million, according t
Eye Witness News / Posted 16 days ago
farmers and sells to these private millers, totalling $118 million, according to Reuters calculations. Finance Minister Patrick Chinamasa did not respond to Reuters requests for comment on the subsidy calculations. The final cost could be much... Read more
More

In this news