News about Zimbabwe that you can use
Finance minister Patrick Chinamasa says government will not cut jobs to reduce its wage bill, which has so far gobbled 82 percent of its revenue, but will instead try to grow the economy.
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Nearly 30 000 Zimbabweans have been granted British citizenship since 2009, according to figures released this week by James Brokenshire, Britain’s Minister of State in the Home Office responsible for Immigration and Security.
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Former South African President Thabo Mbeki, who deployed Judges Sisi Khampepe and Dikgang Moseneke to observe the 2002 Zimbabwe presidential elections, said he still believed that the South African courts had made a mistake by releasing the judges report because this will impact on the advice government gets.
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Finance Minister, Patrick Chinamasa today announced the 2015 budget. Below are the highlights.
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About 30 percent of registered companies in Zimbabwe are generating less than $5 000 annually, the national statistics agency has said in a report also showing that the country has become a nation of sellers as its manufacturing capacity collapsed.
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Zimbabwe’s GDP is seen flat at 3.2 percent next year with key sectors such as mining, tourism likely to register modest growth, finance minister Patrick Chinamasa said as he presented a $4.1 billion national budget today.
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The party congress of Zimbabwe’s opposition Movement for Democratic Change (MDC)’s, an electoral exercise whose main purpose was to reinvigorate the party in preparation for the 2018 elections, has come and gone.
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Finance Minister Patrick Chinamasa has limited room to manoeuvre in his endeavor to widen government’s shrinking revenue base when he presents the country national budget for 2015, analysts have warned.
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The Movement for Democratic Change today said the Zimbabwe African National Union-Patriotic Front must reimburse funds coerced out of State enterprises to finance party activities.
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Transport minister Obert Mpofu has told the tourism ministry to aggressively market the country’s premier tourism destination to help repay a $150 million Chinese loan to upgrade the Victoria Falls International Airport.
(104 VIEWS)
