Zimbabwe Economy To Shrink Further In 2021
Zimbabwe economy is expected to decline by a further 18% this year due to the covid-19 pandemic which has left many businesses worldwide stuck in uncertainty.
Business
Mthuli Ncube: Zimbabwe economy to shrink by 4.5 percent
Zimbabwe's Finance minister Mthuli Ncube on Thursday projected that the country's economy will shrink by 4.5 percent in 2020 from 3 percent earlier projected due to the negative impact of COVID-19.
Mthuli Ncube faces prosecution over 2pc tax
Prosecutor General Kumbirai Hodzi has been petitioned to charge finance minister Mthuli Ncube with criminal abuse of office over a series of actions that have caused Zimbabweans financial losses in the billions of dollars.
Air Zimbabwe remaining plane seized in Johannesburg debt
Air Zimbabwe’s only serviceable plane has been impounded by the Airports Company of South Africa (ACSA) over an unpaid debt.
Harare-Beitbridge Road Rehabilitation On Course
HARARE - Exodus and Company is celebrating its entry into the construction big league after edging 16 firms to emerge among five construction firms that will rehabilitate the Harare-Beitbridge road.
Mthuli Ncube to present Mid-Term Budget Review Statement
Finance minister Mthuli Ncube is today expected to present his 2019 Mid-Term Budget Review Statement, amid high expectations for measures to improve disposable incomes, boost production and protect the value of the local currency.
President Mnangagwa extends Mangudya’s contract
President Emmerson Mnangagwa has extended the term of central bank governor Dr John Mangudya for another five years.
Mthuli Ncube Defends Forex Duty Payment
HARARE - Finance minister Professor Mthuli Ncube has defended the payment of import duty in foreign currency in his 2019 national budget statement saying the measure was premised on the ability to pay principle.
Victoria Falls Sawanga Mall project almost complete
The Sawanga Mall construction project in Victoria Falls is progressing swiftly and smoothly according to a well respected Financial Engineer in Zimbabwe.
Zimbabwe plans to build a new ‘Dubai’ City
The government of Zimbabwe led by incumbent Emmerson Mnangagwa is planning to build a world class new city known as the new ‘Dubai’ anytime soon when all the necessary steps for the project to take off are completed.
