Owning A Car Becomes Harder As Mthuli Ncube ‘Bans’ Importation Of Second Hand Vehicles Older Than 10 Years

Mthuli Ncube ‘Bans’ Importation Of Second Hand Vehicles   Photographer: Cynthia R Matonhodze/Bloomberg The 2021 Budget which was presented by the Minister of Finance and Economic Development Mthuli Ncube yesterday, seems to have underwhelmed many. In the budget, Ncube made it harder for the ordinary person to own a car, by putting restrictions on the […]

Mthuli Ncube To Fight High Court Ruling That Invalidated Conversion Of USD Balances Into RTGS

Mthuli Ncube To Fight High Court Ruling  Mthuli Ncube To Fight High Court Ruling   Minister of Finance and Economic Development Mthuli Ncube has said that the government will fight the High Court judgement which ruled that the conversion of USD bank balances to RGTS was invalid. High Court judge Justice Zhou ruled that the […]

Zimbabwe Suspends Fungibility Of Shares To Control Exchange

Zimbabwe Suspends Fungibility Of Shares Mthuli Ncube, Zimbabwe’s finance minister, suspends fungibility of shares  [Photographer: Cynthia R Matonhodze/Bloomberg] Minister of Finance and Economic Development Mthuli Ncube has suspended the fungibility of dual-listed shares in an effort to control Zimbabwe’s exchange rate which has been skyrocketing out of control of late. The suspension of the fungibility […]

WATCH LIVE: Mthuli And Mangudya’s Presser As Forex Rates Shoot Up On Black Market

Mthuli And Mangudya’s Presser As Forex Rates Shoot Up   Minister Of Finance and Economic Development Professor Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Panonetsa Mangudya held a press briefing where they announced the measures that they are going to take to stabilise the local Zimbabwe Dollar. The press briefing came after […]

Mthuli Ncube Promises To Release $50 Notes Soon…Insists That Inflation Is Normal

Mthuli Ncube Promises To Release $50 Notes Minister of Finance and Economic Development Mthuli Ncube has promised to release higher denomination banknotes which include a $50 note. The introduction of the higher denomination cash notes is meant to ease the cash shortages which have been bedevilling the country for the better part of the last […]

Mealie Meal Price Set To SKYROCKET Again As Govt Reneges On Subsidy Agreement

Mealie Meal prices set to skyrocket Mealie Meal prices are set to skyrocket yet again after the government failed to honour its promise to subsidize the staple. Just a week after saying that they would pay the millers upfront with the cost of the subsidy, the government has failed to honour its word. iHarare has […]

RELIEF As Mthuli Orders Mealie Meal Price To Be Slashed In Half After Mnangagwa Fury

Mthuli Orders Mealie Meal Price To Be Slashed In Half Finance Minister Mthuli Ncube has eaten humble pie and ordered the price of mealie meal to be slashed by a massive 50 percent. This comes a few weeks after the Minister lifted all subsidies on the country’s staple apparently, without consulting his boss President Emmerson […]

WATCH: Mthuli Ncube Blames Accounting Issues For “Missing” Donor Funds After China & USA Raise Alarm

Finance and Economic Development Minister Mthuli Ncube has blamed different accounting standards to explain the mismatch in donor funding. Mthuli’s explanation comes after the United States of America and the People’s Republic of China raised alarm over the amounts stated by Ncube. The two superpowers insisted that they had donated much more than what Mthuli […]