We have great expectations, but Mthuli has failed us before: Masarira
New Currency/Notes: Who should we believe, Mangudya or Mthuli?
By Staff Reporter Labour Economists and Afrikan Democrats (LEAD) president Linda Masarira says her party is expecting positives from the 2020 National Budget that is going to be presented in Parliament this Thursday (14 November 2019) despite the misfiring of the previous ones. Minister Mthuli Ncube’s budget comes at a time when Zimbabwe is going …
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DOWNLOAD: RBZ Statement on new currency
By Staff Reporter Zimbabweans find themselves at crossroads, unsure whether to believe Reserve Bank of Zimbabwe Governor John Mangudya or Finance Minister Mthuli Ncube on the currency issue. Mangudya had told the media at a press conference that the country will be introducing a new currency that will circulate alongside the Bond Notes, however, his …
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What is a budget consultation and why it is important
The Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) held its inaugural meeting on 28 and 29 October 2019 at the Bank Chambers. During its deliberations, the Committee noted a number of issues that require urgent implementation for the…
Parly to conduct public hearings on 2020 budget
By James Martin The 2019 financial year has not been rosy for the Zimbabwean people after the country’s pseudo currency; the bond note drastically lost its value against the most preferred United States Dollar. Treasury and the Reserve Bank of Zimbabwe (RBZ) introduced several policy changes to bail the country’s economy but to no avail. …
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Live Stream: RBZ appears before Tendai Biti’s commitee
The Portfolio Committee on Budget, Finance and Economic Development will conduct public hearings around the country on the 2020 National Budget from Monday 23rd September to Friday 27th September 2019. Attendance at the Public Hearings Members of the public, interested groups and organisations are invited to attend these hearings, meetings and express their views to the …
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Parliament begins 2020 pre-budget consultations
Mlambo: We were funding a government program not funding a private company.
— Open Parly ZW (@OpenParlyZw) September 16, 2019
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DOWNLOAD: Monetary Policy Statement September
The portfolio committees mentioned below will be meeting in open session next week 16th to the 19th of September. These committee meetings are all open and will be held at Parliament in Harare on the dates and at the times and venues within the Parliament building indicated below Monday 16th September at 9.30 am Public Accounts …
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Command Agriculture saga: Biti digs deeper.
This mid-term Monetary Policy Statement comes at a time when the country is implementing a number of policy reforms to strengthening fiscal sustainability, reducing inflation and promoting a flexible exchange system and lay the foundation for sustaina…
DOWNLOAD: Appropriation Supplementary Bill 2019 No.12
By James Martin Treasury in 2018 paid USD$400 million to a funeral parlour called FSG to supply fertilisers and seed for the Command Agriculture program, the Parliamentary Portfolio Committee on Public Accounts has heard. This revelation comes barely two weeks after the Ministry of Agriculture professed ignorance to the US$3.2 billion which it is alleged …
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Consolidated Revenue Fund charged with $ 10 076 835 000 The Consolidated Revenue Fund is hereby charged with such sums of money as may be required for the service of Zimbabwe during the year ending on the 31st December 2019, not exceeding in aggregate the sum of ten billion seventy-six million eight hundred and thirty-five thousand dollars. DOWNLOAD: …
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