Mthuli Ncube feels heat

THE government’s ambitious growth projections are unlikely to be met because of protracted blackouts, which have stifled exports and further weakened the local currency.   In December last year, Finance minister Mthuli Ncube projected that the GDP would grow by 3,8% this year.   Last month, he scaled his projections to 6%, citing a “good […]

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‘Mthuli’s shop raids a publicity stunt’

ECONOMISTS have described Finance minister Mthuli Ncube’s weekend raids on retail shops to check on pricing of basic commodities as a publicity stunt after failing to tame the country’s runaway inflation now hovering around 324,63%.   Ncube is seen in a video that has gone viral on social media platforms visiting different supermarkets in Bulawayo, […]

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Parly summons Mthuli over high inflation

PARLIAMENTARIANS have summoned Finance minister Mthuli Ncube to explain what measures he was implementing to tame inflation and stabilise the free-falling Zimdollar.   The local currency, reintroduced in 2019, has been on a free-fall, pushing up the cost of living and piling more misery on long-suffering Zimbabweans.   The Zimbabwean dollar is currently trading at […]

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