BUSINESS NEWS

Pay rise for civil servants in Q1 2026, says Mthuli

Civil servants are set to receive another salary adjustment in the first quarter of the coming year, the Government has confirmed, raising hopes of improved earnings for public sector workers amid ris...

By Staff reporter | Published: 15 December 2025

BUSINESS NEWS

Mthuli Ncube signals royalty climbdown

Finance Minister Professor Mthuli Ncube has indicated that Zimbabwe's proposed gold royalty regime may be adjusted following widespread concerns from large-scale and small-scale miners, who warned tha...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

Mthuli Ncube signals flexibility on gold royalty hike

Finance Minister Mthuli Ncube has suggested he may revise proposed increases to gold royalties after strong pushback from miners who warn that doubling the tax could destabilise the sector, reduce inv...

By Staff reporter | Published: 10 December 2025

OPINION

Mthuli Ncube's 2026 budget does not pass the constitutional test

SECTION 7 of the Public Finance Management Act obliges the minister of finance to develop and implement a sound macroeconomic and fiscal policy for Zimbabwe.It also obliges him to ensure that full and...

By Tendai Biti | Published: 05 December 2025

BUSINESS NEWS

Mthuli Ncube to tax US dollar cash withdrawals

Treasury has proposed a new progressive tax on foreign currency cash withdrawals, a move that has drawn immediate criticism from the financial sector for potentially discouraging formal banking. The p...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube introduces tax incentives to boost 24-hour economy

The government has unveiled a series of tax measures aimed at boosting industrial output, enhancing productivity, and encouraging a shift towards a 24-hour manufacturing economy, as part of the 2026 N...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube announces massive tax hike for betting industry

Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, has unveiled major tax reforms in the 2026 National Budget, targeting the rapidly expanding betting and gambli...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube imposes 15% tax on Starlink, Google

Zimbabwe will impose a 15 percent digital services withholding tax on payments to offshore tech platforms, including Google, YouTube, and satellite internet provider Starlink, beginning January 1, 202...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube's 'Middle-Income' claim rubbished

The Assembly of Minorities (AM) has dismissed as false and misleading Finance Minister Professor Mthuli Ncube's recent claim that Zimbabweans have attained middle-income status, arguing that the majo...

By Staff reporter | Published: 08 November 2025

BUSINESS NEWS

Mthuli Ncube proposes trade-off: Cut IMTT, raise VAT

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has proposed a balancing act in the country's fiscal framework - suggesting a half-percent reduction in the In...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Majority of Zimbabweans now spending over US$9 a day

FINANCE, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, says the majority of Zimbabweans have now reached middle-income status, as they are spending an average of over...

By Staff reporter | Published: 05 November 2025

BUSINESS NEWS

Mthuli Ncube outlined growth strategy at Zanu-PF Conference

Finance and Economic Development Minister Mthuli Ncube delivered a detailed economic address at the Zanu-PF annual conference in Mutare on Friday, highlighting government's roadmap for sustained grow...

By Staff reporter | Published: 20 October 2025

BUSINESS NEWS

Zimbabwean minister proposes 24-hour economy

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has urged Zimbabwe to embrace a 24-hour economy, arguing that round-the-clock operations could unlock productiv...

By Staff reporter | Published: 19 September 2025

BUSINESS NEWS

Zimbabwe announces sweeping reforms

The Government of Zimbabwe has announced sweeping reforms to ease the cost of doing business in the livestock, dairy farming, and stockfeed sectors, in a move expected to boost investment, production,...

By Staff reporter | Published: 10 September 2025

BUSINESS NEWS

Zimbabwe to cap civil service wage bill

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has unveiled plans to cap civil service expenditure at 50% of the national budget, aiming to rein in rising wage ...

By Staff reporter | Published: 21 August 2025

BUSINESS NEWS

Mthuli Ncube warns Ministries over 'procurement chaos'

Finance Minister Professor Mthuli Ncube has issued a stern warning to government ministries over unchecked procurement practices, describing over-contracting as a "bleeding wound" on the Treasury that...

By Staff reporter | Published: 14 August 2025

BUSINESS NEWS

Zimbabwe revises upwards agric sector growth to 21.1%

The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Nina we...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Mthuli Ncube admits economic chaos

The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Mthuli Ncube commits to easing business costs

Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...

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

POLITICS

Cash flow constraints hamper devolution funding

Finance Minister Professor Mthuli Ncube has attributed the government's failure to meet the constitutionally mandated five percent allocation of national revenue towards devolution to cash flow constr...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Mthuli Ncube under pressure to ease tax burden

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Mthuli Ncube hikes fuel levy

The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...

By Staff reporter | Published: 14 May 2025

POLITICS

Mthuli Ncube to pitch Zimbabwe's energy sector in Paris

Zimbabwe's Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is set to deliver a keynote address at the Invest in African Energy (IAE) 2025 Forum in Paris next w...

By Staff reporter | Published: 07 May 2025

POLITICS

Mthuli Ncube taken to court

A court application filed by registered public accountant Last Matema, challenging the constitution of the Public Accountants and Auditors Board (PAAB), has been dismissed by the High Court, with the ...

By Staff reporter | Published: 28 April 2025
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