Treasury has released more than US$101 million this year towards the construction of the Gwayi-Shangani and Kunzvi dams, as the Government steps up efforts to end chronic water shortages in Bulawayo a...
By Staff reporter | Published: 04 November 2025
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
A new generation of Zimbabwean contractors who once carried the promise of empowerment through the government's Emergency Road Rehabilitation Programme (ERRP) are now staring at bankruptcy, lawsuits,...
By Staff reporter | Published: 10 October 2025
Zimbabwe's two largest referral hospitals, Parirenyatwa Group of Hospitals in Harare and Mpilo Central Hospital in Bulawayo, remain without life-saving cancer treatment machines due to a delay in rel...
By Staff reporter | Published: 05 October 2025
The Treasury has unveiled a series of stringent measures aimed at curbing government spending, including a freeze on recruitment, a 25 percent reduction in fuel allocations, a ban on workshops in hot...
By Staff reporter | Published: 30 September 2025
The Government's newly introduced 0.5 percent levy on fast-food items has generated almost US$1 million in revenue during the first half of 2025, a senior official has confirmed.The tax, commonly kno...
By Staff reporter | Published: 13 September 2025
India has reduced its holdings of US Treasury bills over the past year, reflecting a more cautious approach in its central bank's management of foreign exchange reserves, the Indian Express reported o...
By Staff reporter | Published: 11 September 2025
Zimbabwe's smallholder dairy farmers are reeling from financial distress as over US$3.4 million collected through a mandatory 5% dairy import levy remains unreleased, nearly two years after its introd...
By Staff reporter | Published: 09 August 2025
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...
By Staff reporter | Published: 06 August 2025
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...
By Staff reporter | Published: 22 May 2025
The Treasury has recorded a surplus of ZiG3.46 billion during the first four months of the 2025 fiscal year, driven by disciplined cost containment and punctual debt servicing.While this surplus falls...
By Staff reporter | Published: 19 May 2025
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...
By Staff reporter | Published: 13 May 2025
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
By Staff reporter | Published: 13 March 2020
Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...
By Staff reporter | Published: 05 October 2019
FINANCE minister Mthuli Ncube's engagement with market players to explore options for restructuring the Treasury Bills (TBs) to longer tenure - effectively rollovers of maturities - and surging inflat...
By Staff reporter | Published: 30 November 2018
Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep its borrowing under manageable levels, Finance and Economic Planning Minister Pat...
By Staff reporter | Published: 24 June 2018
Zimbabwean banks have increased their uptake of Treasury Bills (TBs) as the short-dated securities offer better returns and are as good as money.Treasury Bills are used by government when borrowing fr...
By Staff reporter | Published: 09 April 2018
TREASURY has intervened in a bid to end delays in issuing passports by agreeing to import materials needed by the Registrar General's Office.The Minister of Home Affairs and Culture Dr Obert Mpofu rev...
By Staff reporter | Published: 25 January 2018
THE Parliamentary Budget Office has warned that the Government could default on its Treasury Bills payment obligations on maturity, a development it fears could leave most local commercial banks, whic...
By Staff reporter | Published: 19 October 2017
The 2018 national budget will focus on restoring macro-economic stability and fiscal discipline through implementing various cost-cutting measures, the Ministry of Finance and Economic Developme...
By Staff reporter | Published: 18 October 2017
Finance and Economic Development Minister Patrick Chinamasa said Government was looking at giving incentives for property developers willing to upgrade and set up new structures for tertiary instituti...
By Staff reporter | Published: 27 September 2017
THE setting up of the Zimbabwe Asset Management Company (Zamco) to absorb non-performing loans (NPLs) and the issuance of Treasury Bills (TBs) by the Reserve Bank of Zimbabwe (RBZ) without parliamenta...
By Staff reporter | Published: 08 September 2017
THE Industrial Development Corporation (IDC) has relinquished its stake in troubled fast moving consumer goods manufacturer, Olivine Industries, to the Ministry of Finance and Economic Development.Th...
By Staff reporter | Published: 24 August 2017
RESERVE Bank of Zimbabwe (RBZ) governor says he is worried about the creation of money through the issuance of Treasury Bills and loans which is causing a mismatch between local RTGS balances and nost...
By Staff reporter | Published: 27 July 2017
THE value of Treasury Bills (TBs) has outstripped bank equity capital by 1,7 times, a new report indicated this week, raising questions over the financial sector's ability to continue absorbing the pa...
By Staff reporter | Published: 20 July 2017
Zimbabwe announces strict enforcement of axle load limits 
SA decry 'non-existent' Beitbridge border post security 
Millions celebrate Diwali festival in India 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Karo Platinum Project capex rises to US$546m 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
