PDP warns Mnangagwa over price controls

By Daniel Chigundu PEOPLES Democratic Party (PDP) has warned government against controlling prices of goods adding that it will take the country back to a 2007 situation where shops were empty. Alarmed by the recent wave of price increases of basic goods in the country, Zanu PF politburo has since set up an Ad Hoc committee led by Vice President Constantino Chiwenga to deal with … Continue reading PDP warns Mnangagwa over price controls

Parliament demands US$100m from budget

By Daniel Chigundu Speaker of National Assembly Jacob Mudenda has insisted that the Parliament of Zimbabwe must be allocated US$100 million from the country’s 2018 budget for it to effectively discharge its oversight role. In 2017 Parliament experienced a lot of financial challenges in trying to effectively hold public meetings across the country and ended up going to a few places. Finance Minister Patrick Chinamasa … Continue reading Parliament demands US$100m from budget

What Tendai Biti said in America (Testimony)

Zimbabwe at the Crossroads : A Chance for a New Beginning Testimony before the Senate Foreign Relations Subcommittee on Africa and Global Health policy Tendai Biti MDC Alliance Former Minister of Finance December 12, 2017 Thank you, Chairman Flake, Ranking Member Booker, and other members of the Subcommittee. We thank you for inviting us to this great center of American democracy. The 14th of November … Continue reading What Tendai Biti said in America (Testimony)

CDF saga: MPs now demand US$75K

Daniel Chigundu Legislators have demanded that the Constituency Development Fund (CDF) which is currently pegged at US$50 000 be adjusted to US$75 000 because of inflation. Treasury has already marshalled about US$5 million in CDF funds to be disbursed to the 210 legislators as soon as the constitution for the fund has been adopted by Parliament. Speaking in the National Assembly, Norton legislator Temba Mliswa … Continue reading CDF saga: MPs now demand US$75K

Parliament refuses to approve Ndudzo …as MPs plead for Chiri to stay

By Daniel Chigundu LEGISLATORS from across the country political divided have rejected government’s choice Mike Ndudzo for Auditor General’s post, claiming he has a bad track record. According to the country’s laws, the President appoints the Auditor General with approval from Parliament. Speaking in the National Assembly during a motion to approve the appointment of Mike Ndudzo as Auditor General, Zvishavane Ngezi legislator John Holder … Continue reading Parliament refuses to approve Ndudzo …as MPs plead for Chiri to stay

ZEC wants US$274m for elections

By Daniel Chigundu ZIMBABWE Electoral Commission (ZEC) chairperson Justice Rita Makarau has told Parliament that her commission requires about US$274 million to conduct the 2018 elections. Appearing before a Parliamentary Portfolio Committee on Woman and Gender, Justice Makarau told the legislators that her commission is ready to hold elections at any time they are announced and has since submitted a budget to the treasury for … Continue reading ZEC wants US$274m for elections

Zanu PF making wrong moves …they simply must go: Musewe

By Daniel Chigundu ECONOMIST Vince Musewe says the ruling party Zanu PF is making wrongs moves politically and economically which are continuing to deepen the country’s crisis. Zimbabwe is going through its worst challenges since independence underpinned by the liquidity crunch, lack of foreign direct investment, massive company closures and high rates of unemployment among many others. The liquidity crisis for example has seen people … Continue reading Zanu PF making wrong moves …they simply must go: Musewe

2017 Parliament of Zimbabwe Key Events

Proposed Official Opening of the Fifth Session of the Eighth Parliament 22 October 2017  Sitting Days for year 2017 87 Sittings Days     Pre-Budget Briefing 06 September 2017     State of the Nation Address [SONAzw] 23 September 2017     Pre Budget Seminar 18-22 October 2017      Budget Presentation #ZimBudget2018 30 November 2017    Post-Budget Seminar 04 December 2017    Budget Consultations by … Continue reading 2017 Parliament of Zimbabwe Key Events

We won’t over-print Bond notes: Mangudya …circulation set for end of October

  By Daniel Chigundu Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya has said the Bond notes which will come into circulation by end of October have a self control mechanism that will prevent them from being over-printed. Most economic commentators while have okayed the introduction of Bond notes as export incentive are skeptical that the financially challenged government’s will be disciplined enough to stick … Continue reading We won’t over-print Bond notes: Mangudya …circulation set for end of October

Government to introduce cargo tracking system

By Portia Sigauke The Government will soon introduce a cargo tracking system at Border Posts a move meant to monitor trucks that declare false good in transit whilst there are intended for local markets. Responding to a question raised by Hon Phiri during the Tuesday sitting on the measures put by government to curb bribery at Border Posts, Finance Minister Patrick Chinamasa said the ministry … Continue reading Government to introduce cargo tracking system