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Finance Minister Mthuli Ncube arriving at Mt Hampden Parliament Building for budget presentation

Zimbabwe’s Finance Minister to Unveil 2025 Budget Today

Zimbabwe’s Finance Minister Professor Mthuli Ncube will present the nation’s 2025 budget statement in Parliament today, as the country seeks solutions to its deepening economic challenges. The presentation at the new Mt Hampden Parliament Building comes at a critical time for Zimbabwe’s

November 28, 2024

Business·Zimbabwe

“Crucify Me” If RBZ Reverts To Excessive Money Printing, Says Mushayavanhu

ZIMBABWE | In a compelling address to business leaders at a Zimbabwe National Chamber of Commerce gathering in Gweru, RBZ Governor John Mushayavanhu passionately calls for the restoration of trust in the nation’s banking system. Recognizing the erosion of confidence over the

April 17, 2024

Zimbabwe

Cryptocurrency could solve country’s cash shortage says Zimbabwe finance Minister

Zimbabwe could be the latest country to establish its own cryptocurrency. Newly appointed says that he will push the central bank to create a virtual currency to help solve the country’s ongoing cash shortage. Declining exports and the over-issuance of treasury bills

September 17, 2018

United Kingdom

European Union (EU) rejects Theresa May’s financial services Brexit plan

European Union (EU) lawmakers have rejected the UK’s negotiating position on the governance of UK financial services firms’ access to European markets over concerns the proposal would endanger the bloc’s “decision-making autonomy”. Speaking to European affairs ministers on Friday (20 July), EU

July 23, 2018

Breaking News

The World Bank will stop funding oil and gas projects from 2019

The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday at a climate summit seeking to boost the global economy’s shift to cleaner energy. “The World Bank Group will no longer finance upstream oil and gas, after

December 12, 2017

Africa·Nigeria

Whistleblowers get a share of stolen riches in corrupt Nigeria Government

Corrupt Nigerian officials are being forced to find increasingly desperate ways to hide stolen funds since the government offered financial incentives to whistleblowers. Anyone who reports wrongdoing will be rewarded with up to 5 per cent of the recovered funds — a

April 18, 2017

Africa·South Africa

The South African president faces fight back from within ANC

The South African president has fired his finance minister and eight other cabinet members in an overhaul that could trigger a revolt and put the country’s credit rating at risk President Zuma, whose term in office has been tainted by corruption scandals,

March 31, 2017

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