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Published by the government of Zimbabwe Harare — Civil servants will soon resume paying some of their medical aid contributions, returning to the traditional split seen up to the start of this year and the common position in the private sector. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — THE 2010 National Budget targets presented by the Minister of Finance Tendai Biti are in congruence with the targets of the Medium Term Plan 2010-2015, and is a vehicle for implementing the plan. Full Article at AllAfrica.com
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Zimbabwe’s finance minister, Tendai Biti, indicated in his 2010 budget presentation that government monitors would maintain control of the Marange diamond operations, despite a recent Kimberley Process (KP) declaration to the contrary. Full Article at Zimbabwe Metro
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FINANCE Minister Tendai Biti's pro-poor budget might have brightened the faces of some poverty weary Zimbabweans but analysts warn that, without an increase in capital expenditure, very little economic growth can take place. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — THE proposed reform of the country's income tax system in the 2010 National Budget statement will be done within the next three years. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — Finance Minister Tendai Biti has lashed out at the mining sector for failing to contribute meaningfully to the fiscus, despite making huge profits and exploiting natural resources. Full Article at AllAfrica.com
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Zimbabwe's finance minister, Tendai Biti, divided the population into three distinct groups when he introduced his budget last week: the 2% who are well off; 13% who are “the floating or dog-paddling middle class”; and 85% who are “the submerged and... Full Article at Times Online
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Harare — GOVERNMENT has been forced to come up with new rules aimed at restricting foreign trips by Ministers and top civil servants after the globe-trotting officials gobbled up nearly US$30 million in six months on external junkets some of which were... Full Article at AllAfrica.com
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THE Minister of Finance, Mr. Tendai Biti, presented the 2010 National Budget to Parliament yesterday. Understandably, expectations were high as the budget serves two major economic functions. Full Article at AllAfrica.com
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HARARE - Zimbabwe's battered economy is on track to expand for the first time in a decade this year and to grow by 7 percent in 2010 as key sectors such as agriculture and mining start to recover, the finance minister said on Wednesday. Full Article at Pambazuka
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While urging Zimbabweans to return home, affable Zimbabwe Prime Minister Morgan Tsvangirai on Thursday made light of Wednesday's announcement by Finance Minister Tendai Biti that the country expected to experienced a 4.7% economic growth rate this year. Full Article at AllAfrica.com
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ZIMBABWE'S drinkers will not pop and gulp as much as they would have wanted to in the new year following government plans to raise excise duty on spirits. Full Article at AllAfrica.com
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GROWTH projections of 10% in agriculture next year and the subsequent season can only be achieved if resources are made available on time, players in the sector have said in response to the 2010 National Budget proposals announced on Wednesday by... Full Article at AllAfrica.com
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FINANCE Minister Tendai Biti forecast a budget deficit of 40,5% of gross domestic product next year. Government spending will reach $2,25 billion, while revenue increases to $1,44 billion, leaving a shortfall of about $810 million. Full Article at AllAfrica.com
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FINANCE minister Tendai Biti has proposed a five-basis point rise in mining royalties for precious minerals as government attempts to boost revenue generated by the sector. Full Article at AllAfrica.com
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ZIMBABWE'S total debt including arrears was at US$5,4 billion as at October 31 2009 Finance Minister Tendai Biti said on Wednesday. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — GOVERNMENT will from next year start grading civil servants salaries taking into account rank, skills and experience, Finance Minister Tendai Biti said. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — FINANCE Minister Tendai Biti had to slash by 733 percent "outrageous" bids by line ministries to align them with fiscus resources. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — TWO major events occurred in Parliament this week. Full Article at AllAfrica.com
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Published by the government of Zimbabwe Harare — THE African Development Bank has pledged to release a US$51 million loan to Zimbabwe to be channelled to power utility Zesa Holdings for emergency rehabilitation of key power infrastructure. Full Article at AllAfrica.com
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Zimbabwe's Finance Minister Tendai Biti displays the briefcase containing the 2010 National Budget to the media upon his arrival at the Parliament Building in Harare December 2, 2009.
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Reuters Pictures
Zimbabwe's Finance Minister Tendai Biti presents the 2010 National Budget in Parliament Building in Harare December 2, 2009.
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Reuters Pictures
Zimbabwe's Finance Minister Tendai Biti displays the briefcase containing the 2010 National Budget to the media upon his arrival at the Parliament Building in Harare December 2, 2009.
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Reuters Pictures
Zimbabwe's Prime Minister Morgan Tsvangirai leaves after addressing the parliament in the capital Harare, December 1, 2009, ahead of the 2010 National budget to be presented by Finance Minister Tendai Biti (not pictured) tomorrow.
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Reuters Pictures
Zimbabwe's Prime Minister Morgan Tsvangirai addresses the parliament in the capital Harare, December 1, 2009, ahead of the 2010 National budget to be presented by Finance Minister Tendai Biti (not pictured) tomorrow.
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Reuters Pictures
Zimbabwe's Prime Minister Morgan Tsvangirai addresses the parliament in the capital Harare, December 1, 2009, ahead of the 2010 National budget to be presented by Finance Minister Tendai Biti (not pictured) tomorrow.
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Businessmen inspect tobacco leaves, mostly for export, at Tobacco Sales Floor Ltd. in Harare May 7, 2009.
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Businessmen walk past tobacco leaves, mostly for export, at Tobacco Sales Floor Ltd. in Harare May 7, 2009.
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Reuters Pictures
Zimbabwean farmers sit on bags of tobacco leaves, mostly for export, at Tobacco Sales Floor Ltd. in Harare May 7, 2009.
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Zimbabwean Finance Minister and Movement for Democratic Change (MDC) party Secretary-General Tendai Biti gives a press conference in Harare on May 6, 2009.
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Zimbabwe President Robert Mugabe (C) talks to South African businessman Patrice Motsepe (L) and Zimbabwe's Finance Minister Tendai Biti in Harare, April 6, 2009.
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Zimbabwe's Finance Minister and Oppositon Movement For Democratic Change (MDC) Secretary-General Tendai Biti speaks during the opening of the Short-Term Emergency Recovery Programme (STERP), meant to ease the current economic crisis facing the country, in Harare March 19, 2009, Zimbabwe...
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Zimbabwe's President Robert Mugabe (L) talks to Finance Minister and Opposition Movement For Democratic Change (MDC) Secretary-General Tendai Biti after opening the Short-Term Emergency Recovery Programme (STERP), meant to ease the current economic crisis facing the country, in Harare M...
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AP Photo
Zimbabwe's new finance minister Tendai Biti talks at a news conference in Harare Wednesday Feb. 18, 2009.
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Zimbabwe's new Finance Minister Tendai Biti (L) signs documents as President Robert Mugabe watches after his swearing-in at State House Harare, February 13, 2009. Mugabe on Friday began swearing-in cabinet ministers to serve in a unity government.
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Zimbabwe's President Robert Mugabe (R) congratulates new Finance Minister Tendai Biti after his swearing-in at State House in Harare, February 13, 2009. Mugabe on Friday began swearing-in cabinet ministers to serve in a unity government.
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Newly appointed Finance Minister Tendai Biti waits outside the State House in Harare before taking oath on February 13, 2009.
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Zimbabwe's opposition Movement for Democratic Change (MDC) Secretary-General Tendai Biti (C, in glasses) leaves the Magistrate's court in Harare February 6, 2009.
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AP Photo
Movement for Democratic Change general secretary Tendai Biti leaves the court in Harare, Friday, Feb. 6, 2009. A judge ended the treason trial of a top opposition leader Friday, an indication that President Robert Mugabe's party wants a proposed coalition government to work.
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AP Photo
Movement for Democratic Change general secretary Tendai Biti leaves the court in Harare, Friday, Feb. 6, 2009. A judge ended the treason trial of a top opposition leader Friday, an indication that President Robert Mugabe's party wants a proposed coalition government to work.
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Reuters Pictures
Zimbabwe's opposition Movement for Democratic Change (MDC) Secretary-General Tendai Biti (C) follows proceedings inside the parliament in Harare February 5, 2009.
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AP Photo
Tendai Biti, a senior member of the main opposition party in Zimbabwe speaks in parliament on a motion to pass a constitutional amendment bill in Harare, Thursday, February, 2009.
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Zimbabwe opposition secretary-general Tendai Biti leaves the magistrate's court in Harare on February 5, 2009, for the remand hearing on treason charges.
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Getty Images
Zimbabwe opposition secretary-general Tendai Biti leaves the magistrate's court in Harare on February 5, 2009, for the remand hearing on treason charges.
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Reuters Pictures
Zimbabwean opposition leader and Prime Minister designate Morgan Tsvangirai (R) addresses a new conference at party head offices in Harare, January 30 2009.
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Zimbabwe's Finance Minister Tendai Biti presents the 2010 National Budget in Parliament Building in Harare December 2, 2009.
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The amendments are consistent with the best practices in other countries like Uganda, Georgia and South Africa. At the core of the proposed amendment is the restoration of confidence in the central bank, which confidence is non-existent at the moment
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An increase in the capacity of mine manufacturing from 10 percent to 30 percent will have a direct impact on the growth the minister (Finance Minister Tendai Biti) is anticipating and I think it can be achieved
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This Act prescribes that the Minister of Finance is a governor of Zimbabwe's fiscal agent to both the World Bank family and the IMF
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Principals to the GPA have agreed that there will be a new set up where representatives of the GPA, Cde Patrick Chinamasa from Zanu-PF, Mr Tendai Biti from MDC-T and Professor Welshman Ncube from MDC together with the three chairpersons of the select committee as well as the Minister of Constitutional a...
SOURCE: AllAfrica.com -
If someone is to ask me to bring back the Zimbabwe dollar, then there will be a vacancy on the sixth floor at the Government Complex and I will go back to my law firm (Honey and Blanckenberg)
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We think that it is important not to let the economic advantages that Morgan Tsvangirai and Tendai Biti (Finance Minister) bring to the case to be exploited and used by (President) Robert Mugabe and others to secure further control of government
SOURCE: AllAfrica.com -
It’s a very simple issue. We have a debt of over US$5 billion largely caused by mismanagement, corruption and theft. Zimbabwe can’t pay this debt. It would be immoral to use our little resources to pay debts when our schools, hospitals and roads are in a bad state ... Those opposed to the debt relief st...
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We think that it is important not to let the economic advantages that Morgan Tsvangirai and Tendai Biti bring to the case to be exploited and used by Robert Mugabe and others to secure further control on government
SOURCE: SABC News -
This is fiction, it’s a myth. The reality is we are a poor little struggling failed state ... Poverty is there, even in leading oil-producing countries in Africa such as Nigeria and Angola, it’s there in South Africa and China, which has been the fastest growing economy in the world for many years.
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