Categories: Stories

Funny money

The newly created Ministry of National Affairs, Employment Creation and Cooperatives, carries a very unusual item under its training centres vote — $600 000 for the commissariat. This item has actually been doubled from last year’s allocation of $300 000 when the vote was under the same item under the then Ministry of Political Affairs.

Other items under this section are $750 000 for consumable stores down from $909 000 last year, $600 000 for provisions up from last year’s $570 000, $280 000 for trainee allowances, down from $170 000.

The new ministry has a total budget allocation of $60.4 million out of which $47.7 million is for salaries, wages and allowances. It is expected, however, that this may be reduced to $40 million as there is an expected saving of $7.7 million.

The Ministry has 3 930 posts.

(35 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024