BUSINESS NEWS

Treasury slashes Health Ministry's 2026 national budget

Zimbabwe's public health sector is confronting a potential funding crisis after the Ministry of Health and Child Care was instructed by Treasury to reduce its 2026 budget request, raising concerns ove...

By Staff reporter | Published: 24 October 2025

BUSINESS NEWS

Zimbabwe 2026 Budget consultations begin

Public consultations for the 2026 National Budget have officially started, with legislators from the Portfolio Committee on Budget, Finance, Economic Development and Investment Promotion engaging cit...

By Staff reporter | Published: 06 October 2025

BUSINESS NEWS

Parliament to debate Mid-Term Budget Review

The debate on the Mid-Term Budget Review presented by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is expected to commence today as Parliament resumes sitti...

By Staff reporter | Published: 19 August 2025

BUSINESS NEWS

Mnangagwa's office blows 81% of budget in 6 months

President Emmerson Mnangagwa's Office had already spent 81 percent of its 2025 budget by the halfway mark of the year, while the Ministry of Transport and Infrastructural Development exceeded its ful...

By Staff reporter | Published: 05 August 2025

BUSINESS NEWS

Zimbabwe's budget falls short of Abuja health target funding

Zimbabwe's 2025 Mid-Year Budget Review has again revealed the country's continued failure to meet the Abuja Declaration commitment of allocating at least 15% of the national budget to health, despite ...

By Staff reporter | Published: 01 August 2025

ECONOMC INDICATORS

Mthuli Ncube declares surplus despite only 35% of budget spent

Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Bu...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Call for budget for cancer control in Zimbabwe

Health stakeholders have called on the Zimbabwean government to urgently develop a clear budget and implement a coordinated response to support the newly launched National Cancer Control Plan (NCCP) 2...

By Staff reporter | Published: 28 July 2025

BUSINESS NEWS

BCC starts 2025 budget review consultations

The Bulawayo City Council (BCC) has begun its 2025 budget review consultations with residents and stakeholders, with calls growing louder for the local authority to take community input seriously in s...

By Staff reporter | Published: 10 July 2025

BUSINESS NEWS

Bulawayo urged to adopt inclusive budgeting

An agenda activist and human rights lawyer, Prisca Dube, has called on Bulawayo City Council to adopt a more inclusive budgeting process that addresses the diverse needs of all its residents.Speaking ...

By Staff reporter | Published: 30 June 2025

ZIMBABWE

Economists dismiss Ncube's US$443 million budget surplus

Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Mthuli Ncube resolves govt budget deficit challenges

Consolidated statements of financial performance gazetted on Friday have revealed a strong positive variance between expenditure and expenses, indicating that Government may have found a lasting solut...

By Staff reporter | Published: 29 April 2019

OPINION

'Mthuli Ncube's budget is a waste of time'

IT is a great pleasure to debate the 2019 national budget.  This budget, Honourable Speaker Sir, could not have come at a time of greater fragility and greater vulnerability of our country.The ec...

By Tendai Biti | Published: 23 December 2018

POLITICS

Biti tears into Mthuli Ncube's budget

Harare East MP Tendai Biti (MDC Alliance) yesterday tore into the 2019 National Budget presented by Finance minister Mthuli Ncube, saying it violated the Constitution for charging duty on vehicles in ...

By Staff reporter | Published: 19 December 2018

POLITICS

MPs rip into Mthuli Ncube's budget

THE Budget and Finance Portfolio Committee chaired by Zanu-PF legislator Felix Mhona (Chikomba Central) yesterday ripped into Finance minister Mthuli Ncube's 2019 National Budget statement and questio...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

Mthuli Ncube magic, Zimbabwe achieved $29m budget surplus in October

Zimbabwe achieved a budget surplus of $29 million last month, the first time in many years, Finance and Economic Development Minister Mthuli Ncube has said. Addressing journalists in the capital toda...

By Staff reporter | Published: 28 November 2018

OPINION

Mthuli Ncube's budget: The good, bad and ugly

In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...

By NewZWire | Published: 26 November 2018

BUSINESS NEWS

Mthuli Ncube's National Budget tomorrow

The minister of Finance and Economic Development will present the 2019 Annual Budget Statement to the National Assembly tomorrow. In addition to the Budget Statement he will table the Estimates of Rev...

By Veritas | Published: 21 November 2018

BUSINESS NEWS

'Illicit financial flows lead to budget deficit'

The Zimbabwe Coalition for Debt and Development (Zimcodd) says lost revenue through illicit financial flows (IFFs) has far reaching consequences on the fulfilment of social and economic rights as it h...

By Staff reporter | Published: 11 July 2018

OPINION

Turning dream of a $10bn budget into reality

IT is now 24 days to D-Day - the day of democracy, when we all go to a polling station and at the cost of about $50 each (the cost of an election in Zimbabwe) we are asked to appoint our next batch of...

By Eddie Cross | Published: 06 July 2018

INDUSTRIALS & ENERGY

Zimpapers revenue ahead of budget

LISTED diversified media group Zimpapers registered revenue growth for the first five months of the year on the back of positive performance across all its divisions.Zimpapers chief executive Pikirayi...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

Zimbabwe budget deficit to remain above $1bn

ZIMBABWE'S budget deficit is set to remain above $1 billion despite government's efforts to rein in fiscal spending, economists have said.For years, a persistent fiscal deficit has been the underlying...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

WATCH: Chinamasa on reforming Zim's budget structure

PUBLIC finance plays a crucial role in advancing industrialisation policies across Africa.CNBC Africa's Kenneth Igbomor caught up with Zimbabwe's Minister of Finance, Patrick Chinamasa and discussed h...

By CNBCAfrica | Published: 23 May 2018

TELECOMS & TECHNOLOGY

Govt re-aligns content budget

Government has re-aligned budget allocations to communities countrywide to enhance the production of more content for the ongoing digital migration programme, Information, Media and Broadcasting Servi...

By Staff reporter | Published: 21 May 2018

TRANSPORT & TOURISM

Shearwater plans nationwide budget lodges

TOUR operating company Shearwater Adventures has set aside more than $30 million to construct budget lodges countrywide, chairman, Mr Mike Davis, has said.Yesterday the firm commissioned its Explorers...

By Staff reporter | Published: 04 May 2018

BUSINESS NEWS

Zim's lack of budget transparency discourages investors

ZIMBABWE has been ranked 23 out of 100 countries (Open Budget Survey 2017) in budget transparency, an unimpressive ranking, which has an effect of pushing away investors and external funding.A recent ...

By Staff reporter | Published: 04 April 2018
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