Finance and Economic Development Minister, Professor Mthuli Ncube believes Zimbabwe's lithium reserves could be substantially larger than currently believed if additional exploration were to be conducted. Zimbabwe has the largest lithium deposits in Africa but remains largely under explored. The Bikita Minerals has the country's largest lithium
Zimbabwe is targeting a record 50 tonnes of gold this year up from 35.38 tonnes achieved last year as government seek to prop up output from the artisanal miners who have overtaken large gold producers contribution in recent years. Last year artisanal miners produced 18 tonnes
The Commission was allocated $3.002 billion out of a bid of $5.0 billion, representing 60% of the Commission’s budget.
Government wage bill is set to gobble ZW$ 2.2 trillion, constituting more than half of the 2023 National Budget as authorities continue to walk a tight rope in addressing demands of its employees versus development projects. Yesterday, the Finance and Economic Development Minister, Professor Mthuli Ncube
The Ministry of Finance and Economic Development has blacklisted 19 companies from participating in the public procurement processes after they were found guilty of siphoning payments from Treasury into the parallel market which is fueling domestic inflationary pressures. In May, a Value for Money Process on
263Chat · Govt Revokes Schweppes' Duty Wavier Government has revoked a duty waiver on imported orange and grape fruits that had been accorded to Beitbridge Juicing Private Limited a Schweppes subsidiary, as punishment for the pricing of Mazoe Orange Crush in United States dollars. Schweppes has been
Fight Inequality Alliance (FIA) Zimbabwe says the new measures announced by the Finance Minister Professor Mthuli Ncube to stabilize the exchange rate and promote the availability of basic commodities should be measured to the extent of bridging gaps between the rich and the poor. In a
The government has ruled out fully paying civil servants in US dollars despite the rising cost of living and the ever depreciation of the Zimbabwe Dollar. Finance and Economic Development Minister, Mthuli Ncube told legislators this week that the government will maintain the existing salaries structure
263Chat · MPs Call For Laws That Protect Road Accident Victims (1) Legislators have called for clear laws that protect road traffic accident victims. Speaking during a Parliamentary question and answer session in Harare, Wednesday, the legislators lamented the gaps within the insurance sector regarding compensation of
Monetary authorities today announced a raft of remedial measures meant to mop excess liquidity in the economy and stabilize the parallel market exchange rate which went haywire over the past two days. Since Monday morning, the Zimbabwean dollar has plunged nearly 20 percent as of Wednesday
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