Mthuli Ncube

Last updated on 2014-05-22T12:05+0300.

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Mthuli Ncube said : “In the agreement, we have given ourselves 12 months to run around the world, around Zimbabwe to think of ways of raising this funding. We are determined that we will achieve that. It’s also about pledges, not necessarily about cash being put on the table. It’s about commitment” External link

newsday Tuesday, August 11, 2020 4:14:00 PM EAT

Mthuli Ncube said : "The conclusion of the Global Compensation Deed (GCD) which was signed in Harare on Wednesday 29th July 2020 is in compliance with the Constitution and Government's respect for the rule of law. It is also a reflection of the Second Republic's political commitment to the successful conclusion of the land redistribution process in a dignified manner that restores the integrity and dignity of all the people of Zimbabwe who were affected by the necessary land reforms," External link

allafrica Sunday, August 9, 2020 5:03:00 PM EAT

Mthuli Ncube said : “The second step was to make sure retailers are able to receive payments for goods and services, so that has been put in place. Please note that there has been progress and that allowance is tax-free as previously announced and we will capture that in the Finance Bill,” External link

dailynews-co-zw Thursday, August 6, 2020 9:02:00 PM EAT

Mthuli Ncube said : “There are so many inter-ministerial committees that are chaired by another Cabinet minister. On the VP, there will be no any complications about that. It is about delivery,” External link

herald Thursday, August 6, 2020 1:58:00 AM EAT

Mthuli Ncube said : “By next year we should make some progress to raise half of the amount. We are going to hire a financial adviser because we are going to raise a debt instrument for 30 years. There will be a 30-year bond,” External link

herald Thursday, August 6, 2020 1:58:00 AM EAT

Mthuli Ncube said : “Kitabire has been at the forefront in helping us find resources from the bank to fight crises such as Cyclone Idai, COVID-19 and waterborne diseases. We are grateful and implore the bank to find someone equal to the task (as the new country manager),” External link

newsday Wednesday, August 5, 2020 4:02:00 PM EAT

Mthuli Ncube said : “The issue is one of regulation, we are catching up with the innovation,” External link

bloomberg Friday, July 31, 2020 11:42:00 AM EAT

Mthuli Ncube said : “out of line with the norm of the rules of the ZSE and best trading practice in the nature of their activities,” External link

iol Thursday, July 30, 2020 6:23:00 PM EAT

Mthuli Ncube said : “Given the findings of the inquiry, government has taken the decision to allow trading on the ZSE to resume on August 3, 2020,” External link

dailynews-co-zw Wednesday, July 29, 2020 4:37:00 PM EAT

Mthuli Ncube said : “The government of Zimbabwe remains committed to restoration of order and the removal of aberrations on the financial markets in order to maintain the credibility and integrity of Zimbabwe’s financial markets so that they continue to play a critical role of attracting global capital into Zimbabwe,” External link

dailynews-co-zw Wednesday, July 29, 2020 4:37:00 PM EAT

Mthuli Ncube said : “while further consultations continue on the best way forward regarding their re-listing under suitable rules,” External link

dailymaverick Wednesday, July 29, 2020 7:15:00 AM EAT

Mthuli Ncube noting : "Net One and Tel One have indicated that they cannot afford US$5 million transactional fees for consultancy services" External link

allafrica Wednesday, July 29, 2020 3:09:00 AM EAT

Mthuli Ncube added : "Following the unsustainable fees for the transaction, Government has cancelled the transactional contract with PwC and is looking at retendering or sourcing for the services of other bi-lateral or multilateral partners" "In this regard, a formal request has been made by the secretary of SEPs Reforms, Corporate Governance and Procurement to the World Bank local office to ask IFC to be transactional advisors since these do not need upfront payment" External link

allafrica Wednesday, July 29, 2020 3:09:00 AM EAT

Mthuli Ncube said : “I am frustrated that our state enterprise reform agenda is not moving as fast as we would like, but we are still pushing. It’s just that it’s a very complicated process, we have to work with the boards, CEOs, with the parent ministries. You have to find advisers, and the procurement process takes long just to secure those transaction advisers,” “It is taking longer than anticipated” External link

thezimbabwemail Wednesday, July 29, 2020 2:31:00 AM EAT

Mthuli Ncube said : “while further consultations continue on the best way forward regarding their relisting under suitable rules,” External link

businessday Tuesday, July 28, 2020 11:33:00 PM EAT

Mthuli Ncube said : “It is an issue that we are seized with and will definitely look into that,” External link

thezimbabwemail Sunday, July 26, 2020 2:43:00 AM EAT

Mthuli Ncube said : "We expect recovery in 2021, and for Zimbabwe we expect +7,4% growth rate in 2021," External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "We will soon deal with that issue in the Bill I am bringing before Parliament soon. There is a paragraph which will compel retailers to show receipts in the currency of payment and to pay taxes in the currency they were paid" External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "Our target is one million people, but registration is slow. But we want citizens to register because $300 is waiting for them. If you are feeling vulnerable please come forward and register because $2,4 billion is waiting" External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "We are dealing with that. That will be contained in the Finance Bill, which we are bringing to Parliament. The Bill will compel retailers and traders to pay taxes in currencies that they would have quoted for goods prices," External link

bulawayo24 Thursday, July 23, 2020 11:14:00 PM EAT

Mthuli Ncube said : "We have suffered some shocks. We have had several challenges, but we are still standing, so the future of our economy is bright," External link

bulawayo24 Thursday, July 23, 2020 11:14:00 PM EAT

Mthuli Ncube told : “The systems are ready for civil servants to get the US$75 from the special foreign currency accounts which were opened. The process has been completed now and the banks have said they are ready to issue cards for use in the shops,” External link

newsday Thursday, July 23, 2020 4:17:00 PM EAT

Mthuli Ncube said : “It’s just a matter of going through the paces and receiving reports once the investigations are complete. It should have certain recommendations. We will follow those recommendations. All we are trying to do as a regulator is to intervene in a right way to make sure that there is some discipline in our private sector activities, the government and private sector work as partners to develop our economy,” External link

dailynews-co-zw Thursday, July 23, 2020 11:35:00 AM EAT

Mthuli Ncube said : "Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017," External link

allafrica Thursday, July 23, 2020 3:05:00 AM EAT

Mthuli Ncube said : “Madam President, let me say the future is bright, I can see the light and growth will be better next year. We are on a winning wicket for those of you who like cricket. I will find the right expression for those who like soccer” External link

insiderzim Wednesday, July 22, 2020 11:41:00 PM EAT

Mthuli Ncube said : “In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely,” External link

thezimbabwemail Wednesday, July 22, 2020 2:54:00 PM EAT

Mthuli Ncube said : “On the other hand, health services, ICT; manufacturing of food stuffs and electricity and water had gains,” External link

thezimbabwemail Wednesday, July 22, 2020 2:54:00 PM EAT

Mthuli Ncube said : “The second step was to make sure retailers are able to receive payments for goods and services, so that has been put in place. Please note that there has been progress and that allowance is tax-free as previously announced and we will capture that in the Finance Bill,” External link

herald Wednesday, July 22, 2020 3:05:00 AM EAT

Mthuli Ncube said : “The Government in conjunction with private investors is also establishing gold buying centres around the country and the Bubi Centre is already functional,” External link

thezimbabwemail Tuesday, July 21, 2020 9:51:00 PM EAT

Mthuli Ncube said : “Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017,” External link

thezimbabwemail Tuesday, July 21, 2020 9:51:00 PM EAT

Mthuli Ncube said : “I am still focusing on a budget deficit of 1,5% of GDP and we are well on our way to achieving that,” External link

newsday Tuesday, July 21, 2020 8:02:00 PM EAT

Mthuli Ncube said ( about Financial Intelligence Unit ) : “We are waiting for the conclusion of the investigations led by the Financial Intelligence Unit (FIU). They should be able to conclude within the next week or two weeks. Then we will review that and then decide on modalities for reopening,” External link

newsday Tuesday, July 21, 2020 8:02:00 PM EAT

Mthuli Ncube said : “The future is bright because next year we expect a growth of about 7,4 percent. Our budget is balancing. We are going to have a second budget surplus of $1,2 billion unlike the previous years from around 2009-18 where we have been having deficits,” External link

dailynews-co-zw Tuesday, July 21, 2020 4:00:00 PM EAT

Mthuli Ncube said : “The Government in conjunction with private investors is also establishing gold buying centres around the country and the Bubi Centre is already functional,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “Distribution of the goods will be prioritised towards frontline workers in sectors such as health facilities, immigration, customs, law enforcement as well as quarantine centres. The distribution will be coordinated through the National Pharmaceutical Company, a Government agency,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “I am still focusing on a budget deficit of 1.5% of GDP and we are well on our way to achieving that,” External link

businessday Monday, July 20, 2020 8:39:00 PM EAT

Mthuli Ncube said : "I am still focusing on a budget deficit of 1.5% of GDP and we are well on our way to achieving that," External link

nampa Monday, July 20, 2020 10:17:00 AM EAT

Mthuli Ncube said : “FDI inflows for the year 2020 are expected to end the year at US$150.4 million, which is a 40% decline from the US$249.5 recorded in 2019,” External link

thezimbabwemail Sunday, July 19, 2020 11:04:00 PM EAT

Mthuli Ncube warned : "So bad is the situation, that it could cause an implosion of the state and threaten security in neighbouring states," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to Covid-19 and social protection. This position enables us to avoid tabling a Supplementary Budget, given our current levels of spending," "Treasury will be dealing with arising expenditure pressures, as we consolidate our fiscal position during the remainder of the year, taking account of revenue performance against inescapable reprioritised expenditures" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "With regard to other interventions, generally there was an increase in levels of support from ZW$10 to ZW$200 per individual due to increase in administration and capita grants required for the upkeep of institutionalised personnel under support towards the elderly, children in difficult circumstances, as well as for the disabled persons," "Given the need to respond to Covid-19 mitigatory measures, government has directed that resources under devolution be channelled towards Covid-related facilities such as water and sanitation, isolation, quarantine and treatment centres" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Resultantly, for the period January to June 2020, a budget surplus of around ZW$800 million has been realised. This takes account of outstanding payments. This Mid-Term Budget and Economic Review takes stock of budget and economic performance during the first half of the year. Ministries have on average utilised 46% of their votes as at June 2020," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Exchange rate levels and movements have far-reaching implications for inflation, competitiveness of exports, efficiency in resource allocation, international confidence and balance of payments equilibrium. Therefore exchange rate developments are a matter of national interest and concern to Government, the business community and the general public," "In order to stabilise the exchange rate and anchor inflation, Government introduced the foreign exchange Dutch Auction system on Tuesday, 23rd June 2020, which is designed to reduce exchange rate instability. The auction is expected to enhance transparency in the management of foreign exchange, achieve a realistic exchange rate (price discovery) for the ZW and discourage speculative demand for foreign currency" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Therefore, growth for mining sector is now projected to slow-down to -4,1% in 2020, reflecting the impact of Covid-19 and other challenges evolving around retentions. These include erratic power supply and loss of skills in the mining sector" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Zimbabwe's foreign tourist arrivals followed the global path to April 2020 and average hotel occupancy rates, which had peaked to 33% in February from 27% in January, dipped to a low of 3% in March 2020," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube wrote : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : “A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected 4,5 percent in 2020, against the initial budget projection of 3 percent growth” External link

thezimbabwemail Sunday, July 19, 2020 3:29:00 AM EAT

Mthuli Ncube said : “As at May 31, 2020, total foreign currency inflows amounted US$2,35 billion, against foreign payments amounting to US$1,55 billion,” External link

thezimbabwemail Sunday, July 19, 2020 3:29:00 AM EAT

Mthuli Ncube said ( about Services Centre ) : "The 2019 National Budget Statement highlighted Government's intention to set up an Offshore Financial Services Centre (OFSC) as part of efforts to develop the financial services sector, through provision of opportunities for global investment," External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : "A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected minus 4,5 percent in 2020, against the initial Budget projection of three percent growth," "In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely" External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : "Prices of most minerals (nickel, copper, chrome, coal and cotton) except for gold and rhodium have weakened since the pandemic was first reported amid weaker global demand. Gold has, however, benefitted from safe haven demand," External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : “Inflation is expected to gradually decline in the second half of 2020, from the peak of 785,5% in May 2020, to 300% in December 2020, responding to current monetary and fiscal policy interventions,” “The projected annual inflation is consistent with reducing the month-on-month inflation from 31,7% in June 2020 to around 5% in the last quarter of 2020” External link

newsday Friday, July 17, 2020 10:03:00 PM EAT

Mthuli Ncube said : "Resources from the 2 percent Intermediated Money Transfer Tax (IMTT) were also ring fenced and channelled towards Covid-19 related mitigatory expenditures," External link

allafrica Friday, July 17, 2020 4:22:00 PM EAT

Mthuli Ncube said : “Following the legalised use of foreign currency in domestic trade, there has been an upsurge in electronic transfers of foreign currency for transaction purposes,” “The current exemption has, thus, created an unfair advantage for taxpayers transacting in foreign currency, thereby raising equity considerations” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “Accordingly, a maximum tax of US$2 000 is proposed for foreign currency transactions with a value exceeding US$100 000 with effect August 1, 2020,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “Furthermore, the preference for foreign currency by most business has undermined the revenue generating capacity of the tax,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to COVID-19 and social protection,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “However, prevailing market conditions have necessitated further review of employee salaries and wages. In order to minimise the tax burden, and also enhance disposable income, particularly during this period when a sizeable number of households are yet to recover from the effects of the Covid-19 lockdown, I propose to review the tax-free threshold from $2 000 to $5 000 per month,” “I further propose to adjust the tax bands to begin at $5 001 and end at $ 100 000, above which the highest marginal tax rate of 40 percent will apply, with effect from August 1, 2020” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said ( about Services Centre ) : “The 2019 National Budget Statement highlighted Government’s intention to set up an Offshore Financial Services Centre (OFSC) as part of efforts to develop the financial services sector, through provision of opportunities for global investment,” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : “A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected minus 4,5 percent in 2020, against the initial Budget projection of three percent growth,” “In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : “Prices of most minerals (nickel, copper, chrome, coal and cotton) except for gold and rhodium have weakened since the pandemic was first reported amid weaker global demand. Gold has, however, benefitted from safe haven demand,” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : "This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to COVID-19 and social protection," "This position enables us to avoid tabling a supplementary budget, given our current levels of spending" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "In order to minimise the tax burden, and also enhance disposable income, particularly during this period when a sizeable number of households are yet to recover from the effects of COVID-19 lockdown, I propose to review the tax free threshold from $2 000 to $5 000 per month. " External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Following the legalised use of foreign currency in domestic trade, there has been an upsurge in electronic transfers of foreign currency for transaction purposes," "The current exemption has, thus, created an unfair advantage for taxpayers transacting in foreign currency, thereby raising equity considerations" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Accordingly, a maximum tax of US$2 000 is proposed for foreign currency transactions with a value exceeding US$100 000 with effect August 1, 2020," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Furthermore, the preference for foreign currency by most business has undermined the revenue generating capacity of the tax," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Ministries have on average utilised 46% of their votes as at June 2020. This also implies that 54% of the original 2020 Budget remains unutilised. " External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Inflation is expected to gradually decline in the second half of 2020, from the peak of 785,5% in May 2020, to 300% in December 2020, responding to current monetary and fiscal policy interventions," "The projected annual inflation is consistent with reducing the month-on-month inflation from 31,7% in June 2020 to around 5% in the last quarter of 2020" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Resources from the 2 percent Intermediated Money Transfer Tax (IMTT) were also ring fenced and channelled towards Covid-19 related mitigatory expenditures," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "a combination of government and external development support in mitigating the COVID-19 pandemic is expected to alleviate deeper contraction of the economy to a projected -4.5 percent growth in 2020" External link

afp-en Thursday, July 16, 2020 8:53:00 PM EAT

Mthuli Ncube said : “They are not going to get the money in cash because we don’t want them to start getting into the streets and becoming money changers and partaking in black market activities,” External link

dailynews-co-zw Tuesday, July 14, 2020 6:33:00 PM EAT

Mthuli Ncube said : "One thing that has affected us in terms of infrastructural projects is the issue of Covid-19. In terms of projects like dam construction and the like, it has dislocated us but we will be back on track again soon. For example, last week we allocated $200 million for the construction of the Gwayi-Shangani Dam, it is part of our road to getting back on track bit by bit," External link

bulawayo24 Sunday, July 12, 2020 1:05:00 PM EAT

Mthuli Ncube said : “On remittances initially we were concerned, but they are resilient even in the face of COVID-19. I must hasten that whilst on the external balances to say on the tobacco season seems to be going well, we decentralised the model of marketing tobacco and it is working and we realised that there is a silver lining in the COVID-19 era,” External link

zbc Thursday, July 9, 2020 2:20:00 AM EAT

Mthuli Ncube wrote : “Zimbabwe’s economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure,” External link

thezimbabwemail Monday, July 6, 2020 8:05:00 PM EAT

Mthuli Ncube wrote : "Zimbabwe's economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

onlinenigeria Sunday, July 5, 2020 7:51:00 PM EAT

Mthuli Ncube wrote : "Zimbabwe's economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Sunday, July 5, 2020 5:54:00 PM EAT

Mthuli Ncube said : "Security risk to the country is not the policies we have introduced but the speculators, those who are dealing in the parallel market and involved in illicit activities," External link

allafrica Sunday, July 5, 2020 3:10:00 AM EAT

Mthuli Ncube said : “Once the market is stable at whatever level, then it should translate to movement in prices that will deal with inflation,” External link

dailynews-co-zw Friday, July 3, 2020 1:52:00 PM EAT

Mthuli Ncube said : "Security risk to the country is not the policies we have introduced but the speculators, those who are dealing in the parallel market and involved in illicit activities," External link

bulawayo24 Friday, July 3, 2020 10:18:00 AM EAT

Mthuli Ncube said : “As such, Zimbabwe is open for business, but it is not open for money laundering and illicit financial flows,” “What you saw was a regulatory intervention to investigate and try to understand the criminality and suspicion of illicit financial flows, including money laundering,” External link

dailynews-co-zw Thursday, July 2, 2020 3:59:00 PM EAT

Mthuli Ncube said : “It’s very important that we should make sure that the security cluster is well funded, that soldiers have a decent meal, three meals a day, as well as the police,” External link

dailynews-co-zw Wednesday, July 1, 2020 11:58:00 AM EAT

Mthuli Ncube said : "If we don't up our game, we risk being the epicentre as a province. The few that we are testing are coming through the formal borders, but are having others crossing through illegal entry points from Botswana and South Africa. So, we wish to maximise our testing capacity and educating communities in the borderline areas on health and safety issues, and these need the Government to capacitate us," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : "The concerns are valid and well noted. I will engage my colleagues in Government especially those from the Ministry of Health and Child Care so that we look into availing more testing equipment to critical ports of entries. Recently we released $200 million to upgrade quarantine centres and enhance capacities. These are the funds we need to direct to areas in urgent need including Beitbridge and Plumtree towns," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : "Well, of course, it's not our ministry which deals with land issues, but I am aware of the issues you are raising," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : “Small scale miners are now contributing over 50%, actually 70% of gold. Leakages should be minimized. We have to curb smuggling. We are losing quite a lot of gold that’s why we want to pay lucrative prices, capacitate you and create markets for you,” External link

zbc Friday, June 26, 2020 4:07:00 AM EAT

Mthuli Ncube said : "Price stability is linked to currency stability, so the first order of business becomes to stabilise the currency and the auction system that we have introduced is part of that process," "Part of that process includes bringing currency value, stabilising currency and once that is established and then that should engender some sort of stability in prices as well" External link

bulawayo24 Thursday, June 25, 2020 9:38:00 AM EAT

Mthuli Ncube said : “We have entered into a currency swap arrangement; what this means is that there are those who would be investing in Zimbabwe from China and those who require their proceeds to be remitted back to China,” “The idea is those individuals will then swap [currency] so that those who are investing in Zimbabwe are able to give them a domestic currency, and they use the foreign currency — which they are bringing in for investment — to pay those who are exiting” External link

businessday Thursday, June 25, 2020 2:51:00 AM EAT

Mthuli Ncube added : "It will be prudent for the government to admit failure and return to the multi-currency regime or the use of US dollars exclusively," External link

bulawayo24 Wednesday, June 24, 2020 10:15:00 PM EAT

Mthuli Ncube added : “It will be prudent for the government to admit failure and return to the multi-currency regime or the use of US dollars exclusively,” External link

dailynews-co-zw Wednesday, June 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : "I am aware of the need to give farmers bankable land so that they may operate as businessmen. However, that doesn't necessarily fall under my ministry," External link

bulawayo24 Tuesday, June 23, 2020 10:31:00 AM EAT

Mthuli Ncube said : "Frankly speaking we are also going through a transition and I think overtime, once banks are more comfortable with lending to the agriculture sector you will find the Government pulling back and the banks will be very comfortable to carry forward," External link

bulawayo24 Tuesday, June 23, 2020 10:31:00 AM EAT

Mthuli Ncube said : “However, that doesn’t necessarily fall under my ministry,” External link

herald Monday, June 22, 2020 3:13:00 PM EAT

Mthuli Ncube said : “There is a need to deploy more resources, among them helicopters, all-terrain vehicles and construction of staff accommodation to enhance efficiency issues and minimise intrusive leaks around the border with South Africa. These should cover, customs, immigration and security services,” External link

herald Monday, June 22, 2020 2:29:00 AM EAT

Mthuli Ncube said : “What should happen is that people should be able to approach the Reserve Bank of Zimbabwe and then have those bank notes replaced with fresh notes … Just bring them over and we swap those,” External link

dailynews-co-zw Saturday, June 20, 2020 1:48:00 PM EAT

Mthuli Ncube said : "I have also taken note of the operational challenges at Beitbridge Border Post, which generates 31 percent of the Zimbabwe Revenue Authority's (Zimra) annual income. There is a need to deploy more resources which include helicopters, all-terrain vehicles and construction of staff accommodation to the border to enhance efficiency issues and minimise intrusive leakages around the border with South Africa. These should cover, customs, immigration and security services," External link

bulawayo24 Saturday, June 20, 2020 10:46:00 AM EAT

Mthuli Ncube said : “Pursuant to government’s commitment to continuously review and improve the remuneration framework for civil servants, taking into account the transitory economic challenges being currently experienced in the country, which have been exacerbated by the COVID-19 pandemic, government makes the following announcement: With immediate effect, all civil servants’ salaries will be adjusted upwards by 50%. This increase also applies to all government pensions. In addition, all civil servants will be paid a flat, nob-taxable, COVID-19 allowance of US$75 per month. Government pensioners will be paid a flat, non-taxable, COVID-19 allowance of US$30,” External link

newsday Saturday, June 20, 2020 7:40:00 AM EAT

Mthuli Ncube added : “However, the prices are still going up as we have seen and I believe it’s time for us to dialogue once again with the business community and shake hands once again but this time with a firmer grip to curb the price increases,” External link

dailynews-co-zw Thursday, June 18, 2020 12:38:00 PM EAT

Mthuli Ncube said : “Bond notes are still legal tender but the government will soon issue a statement on the gradual phasing out of the bond notes, people who receive them can approach banks and exchange them for the new notes,” External link

zbc Wednesday, June 17, 2020 9:50:00 PM EAT

Mthuli Ncube said : "We use the swapping mechanism where we are swapping RTGS balances for cash and we have kept that approach and that's the right approach to do it," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : "We said at the beginning of the year that one of our challenges is going to be exchange rate stabilisation and we are working on it. We are dealing with those in the speculation business in the parallel market," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : "On the fiscal front, we are determined to make sure that we don't run large budget deficits, which become a problem for currency stabilisation. But also on the monetary front, we make sure money supply growth stays within the limits to ensure it doesn't add again to currency volatility," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : “For those companies that are exporting, they get more in domestic currency and that is what redefines competitiveness,” External link

thezimbabwemail Monday, June 15, 2020 7:56:00 PM EAT

Mthuli Ncube said : “You will find that our stimulus package is focusing on that and dovetails with what we pronounced in the budget for 2020,” External link

thezimbabwemail Monday, June 15, 2020 7:56:00 PM EAT

Mthuli Ncube said : “Initially we wanted to privatise these (TelOne and mobile network operator NetOne) as separate entities then we decided to do them as a package so we had to get an adviser for both transactions as one and that step takes quite a while,” “The financial adviser is receiving interested parties who want to invest. We are making progress” External link

theindependent Monday, June 15, 2020 11:13:00 AM EAT

Mthuli Ncube said : “We want to make sure that farmers access their money easily,” External link

dailynews-co-zw Friday, June 12, 2020 11:19:00 AM EAT

Mthuli Ncube said : "Initially we wanted to privatise these (TelOne and mobile network operator NetOne) as separate entities then we decided to do them as a package so we had to get an adviser for both transactions as one and that step takes quite a while," "The financial adviser is receiving interested parties who want to invest. We are making progress" External link

bulawayo24 Friday, June 12, 2020 10:18:00 AM EAT

Mthuli Ncube argued : "You cannot afford to have hard currency only and no domestic currency," "No economy can develop without a domestic currency, you need that" External link

bulawayo24 Wednesday, June 10, 2020 7:47:00 PM EAT

Mthuli Ncube said : "At the moment, our cash in circulation is about 4% of Gross Domestic Product," "In other economies and in the region, it is about 10%, or even below half. So, it will take us a while to get up there" External link

bulawayo24 Wednesday, June 10, 2020 7:47:00 PM EAT

Mthuli Ncube said : "We are really trying, but it is not easy because if people are used to doing something, it is not easy to stop them. We are, however, really trying," "I am sure you have also noticed that every time we arrest people and we close their accounts, the rate goes down, and that shows that there is something not right that they are doing. That is what we are trying to investigate," External link

bulawayo24 Monday, June 8, 2020 8:31:00 PM EAT

Mthuli Ncube said : "Perhaps they have their own pressures. I still urge that if we could have another handshake, it would be helpful and assist Zimbabweans to have this price moratorium while we go through this difficult time," External link

bulawayo24 Monday, June 8, 2020 8:31:00 PM EAT

Mthuli Ncube said : “We are really trying, but it is not easy because if people are used to doing something, it is not easy to stop them. We are, however, really trying,” “I am sure you have also noticed that every time we arrest people and we close their accounts, the rate goes down, and that shows that there is something not right that they are doing. That is what we are trying to investigate,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube said : “Perhaps they have their own pressures. I still urge that if we could have another handshake, it would be helpful and assist Zimbabweans to have this price moratorium while we go through this difficult time,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube added ( about Financial Intelligence Unit ) : “The Financial Intelligence Unit has become more active of late and that is pleasing in terms of dealing with this kind of behaviour,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube said : “Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid” External link

theindependent Monday, June 8, 2020 12:41:00 AM EAT

Mthuli Ncube said : “We have given priority to Zimbabwean citizens’ livelihoods which have been greatly affected by the national lockdown due to the pandemic and we have made special facilities to the productive sectors and we came up with the Agricultural sector support, Working Capital Support, Mining Sector Support and the Tourism Fund,” External link

thezimbabwemail Saturday, June 6, 2020 7:39:00 PM EAT

Mthuli Ncube said : “We have given priority to Zimbabwean citizens’ livelihoods which have been greatly affected by the national lockdown due to the pandemic and we have made special facilities to the productive sectors and we came up with the Agricultural sector support, Working Capital Support, Mining Sector Support and the Tourism Fund,” External link

zbc Saturday, June 6, 2020 2:47:00 PM EAT

Mthuli Ncube told ( about Regulatory Authority ) : "Treasury is not responsible for the procurement; it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury was to avail what needs to be paid," External link

onlinenigeria Friday, June 5, 2020 1:47:00 PM EAT

Mthuli Ncube told ( about Regulatory Authority ) : "Treasury is not responsible for the procurement; it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury was to avail what needs to be paid," External link

bulawayo24 Friday, June 5, 2020 12:01:00 PM EAT

Mthuli Ncube said ( about Regulatory Authority ) : “Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid,” “Of course, we do check if the processes have been followed, but we do not spend a lot of time digging into who is who, and that process also applies to the Zupco buses” External link

thezimbabwemail Thursday, June 4, 2020 10:17:00 PM EAT

Mthuli Ncube said ( about Regulatory Authority ) : "Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid," "Of course, we do check if the processes have been followed, but we do not spend a lot of time digging into who is who, and that process also applies to the Zupco buses" External link

bulawayo24 Thursday, June 4, 2020 8:30:00 PM EAT

Mthuli Ncube said : "Zimbabwe should be investing in understanding innovations and often central banks are too slow in investing in these technologies. But there are other countries which are moving faster. If you look at the Swiss central bank they are investing in- and understanding bitcoin," "One can pay for travel using bitcoin in Switzerland. So, if these countries can see value in this and where it's headed, we should also pay attention. We have innovative youngsters so the idea shouldn't be to stop it and say don't do this, but rather the regulators should invest in catching up with them and find ways to understand it, then you regulate it because you now understand it" External link

bulawayo24 Sunday, May 31, 2020 1:54:00 PM EAT

Mthuli Ncube said : “We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move,” External link

thezimbabwemail Thursday, May 28, 2020 4:04:00 PM EAT

Mthuli Ncube said : “While prices are going up our salaries remain unchanged. We can hardly afford to buy anything now. Prices drastically increased, starting from midweek last week. Although I can’t give the actual percentage increase, I know products such as sugar are now selling at between $120 to $130. The local currency is losing its value and I think Government should consider dollarising the economy. That way life will be much better,” External link

thezimbabwemail Thursday, May 28, 2020 4:04:00 PM EAT

Mthuli Ncube said : “We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move,” External link

zimeye Thursday, May 28, 2020 1:52:00 PM EAT

Mthuli Ncube told : “So, that is a very delicate balance. We will try our best to achieve that balance of minimising the tax impact and at the same time raising enough revenue to support the stimulus and (government) operations. That’s quite a delicate package,” External link

zimeye Thursday, May 28, 2020 10:48:00 AM EAT

Mthuli Ncube said : “We have done something on the tax side,” “Companies should take their time in paying what is due. They (companies) can ask for special dispensation to be able to pay what they owe prior to the lockdown. So, we have a bit of flexibility on the tax front” External link

zimeye Thursday, May 28, 2020 10:48:00 AM EAT

Mthuli Ncube said : "We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move," External link

bulawayo24 Thursday, May 28, 2020 10:16:00 AM EAT

Mthuli Ncube said : "While prices are going up our salaries remain unchanged. We can hardly afford to buy anything now. Prices drastically increased, starting from midweek last week. Although I can't give the actual percentage increase, I know products such as sugar are now selling at between $120 to $130. The local currency is losing its value and I think Government should consider dollarising the economy. That way life will be much better," External link

bulawayo24 Thursday, May 28, 2020 10:16:00 AM EAT

Mthuli Ncube said : “But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impacted and that has contributed to the economic slowdown,” External link

zimeye Tuesday, May 26, 2020 8:00:00 PM EAT

Mthuli Ncube said : “But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impacted and that has contributed to the economic slowdown,” External link

newsday Tuesday, May 26, 2020 4:46:00 PM EAT

Mthuli Ncube said : "But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impact-ed and that has contributed to the economic slowdown," External link

bulawayo24 Tuesday, May 26, 2020 10:37:00 AM EAT

Mthuli Ncube said : “This will particularly affect children and older people. In some communities, we are already witnessing malnourished children,” External link

thezimbabwemail Monday, May 25, 2020 2:49:00 AM EAT

Mthuli Ncube said : "This will particularly affect children and older people. In some communities, we are already witnessing malnourished children," External link

onlinenigeria Sunday, May 24, 2020 8:08:00 PM EAT

Mthuli Ncube said : "This will particularly affect children and older people. In some communities, we are already witnessing malnourished children," External link

bulawayo24 Sunday, May 24, 2020 7:06:00 PM EAT

Mthuli Ncube warned : “A domestic collapse also would have potentially adverse regional effects, where spill overs are significant,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “This will particularly affect children and older people. In some communities, we are already witnessing malnourished children,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “We have witnessed very encouraging statistics in as far as revenue collection and expenditure are concerned,” External link

zbc Friday, May 22, 2020 11:56:00 AM EAT

Mthuli Ncube said : "As Central Government we are determined to work with the City of Bulawayo using our structures such as Zinwa and other structures to make sure the water capacity and supply is upgraded so that the city can receive the water it requires. One of the sites is this Nyamandlovu Aquifer, which is basically two sides, the Epping Forest side as well as the Rochester side. On the Rochester side it's much more developed and we allocated $10,6 million for the drilling of additional 15 boreholes that will make it 35 boreholes. In all we would like to take it to 40 (boreholes) and that would give us about 10 megalitres (ML) a day," External link

bulawayo24 Sunday, May 17, 2020 12:05:00 PM EAT

Mthuli Ncube said : “In the circumstances, Government and the Reserve Bank intend to file an appeal against the judgment,” External link

herald Saturday, May 16, 2020 10:57:00 PM EAT

Mthuli Ncube announced : "one million vulnerable households under a cash transfer programme and payment will commence immediately," External link

bulawayo24 Wednesday, May 13, 2020 7:26:00 PM EAT

Mthuli Ncube said : "Zimbabwe's economy could contract by 15-20 percent during 2020 with very serious consequences. Already 8,5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Friday, May 8, 2020 9:02:00 PM EAT

Mthuli Ncube said : "Every money transmission provider and mobile banking provider shall open and maintain a bank account that is designated exclusively for mobile banking services. Every money transmission provider and mobile banking provider shall ensure that no money is transmitted or is retained on the payment system without a corresponding correct bank balance," External link

bulawayo24 Friday, May 8, 2020 2:40:00 AM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

onlinenigeria Thursday, May 7, 2020 1:44:00 AM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

bulawayo24 Wednesday, May 6, 2020 10:41:00 PM EAT

Mthuli Ncube écrit : “l’économie du Zimbabwe pourrait se contracter de 15 à 20 % en 2020, avec des conséquences sociales graves” External link

courrierinternational Wednesday, May 6, 2020 8:20:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

onlinenigeria Wednesday, May 6, 2020 2:26:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

onlinenigeria Wednesday, May 6, 2020 2:26:00 PM EAT

Mthuli Ncube said : “In order to promote domestic tourism, a waiver on VAT payable by domestic tourists for accommodation and visitor services has been granted. Domestic tourism will be the first to recover in the wake of global travel restrictions,” External link

thezimbabwemail Wednesday, May 6, 2020 2:20:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : "In order to promote domestic tourism, a waiver on VAT payable by domestic tourists for accommodation and visitor services has been granted. Domestic tourism will be the first to recover in the wake of global travel restrictions," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : “The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe,” External link

clubofmozambique Tuesday, May 5, 2020 9:20:00 AM EAT

Mthuli Ncube said : “The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance … short of which the country will suffer a health and economic catastrophe,” External link

citizen Tuesday, May 5, 2020 2:49:00 AM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences,” External link

citizen Tuesday, May 5, 2020 2:49:00 AM EAT

Mthuli Ncube said ( about The UK ) : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the Covid-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

independent-UK Monday, May 4, 2020 4:37:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

wsau Monday, May 4, 2020 3:59:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15% and 20% during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

wsau Monday, May 4, 2020 3:59:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

news-yahoo Monday, May 4, 2020 3:26:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15% and 20% during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

news-yahoo Monday, May 4, 2020 3:26:00 PM EAT

Mthuli Ncube said : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

polandsun Monday, May 4, 2020 11:52:00 AM EAT

Mthuli Ncube said : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

irishsun Monday, May 4, 2020 11:02:00 AM EAT

Mthuli Ncube said : “The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe,” External link

businessday Sunday, May 3, 2020 9:42:00 PM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Mthuli Ncube warned : “A domestic collapse also would have potentially adverse regional effects, where spillovers are significant,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences," External link

onlinenigeria Saturday, May 2, 2020 8:13:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences," External link

bulawayo24 Saturday, May 2, 2020 7:13:00 PM EAT

Mthuli Ncube wrote : "The government is proposing to have a holistic effort, which is well coordinated and monitored by the IMF, WBG and AfDB to ensure consistency in the financial support, near-term macro-economic stabilisation and long-term sustainable private sector-led growth, and allow us to build a rack record towards macro-stabilisation and potential debt relief" External link

bulawayo24 Saturday, May 2, 2020 9:58:00 AM EAT

Mthuli Ncube admitted : “responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country’s economic woes were set to deepen, hence the desperate need for rescue,” External link

newsday Friday, May 1, 2020 2:19:00 PM EAT

Mthuli Ncube admitted : "responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country's economic woes were set to deepen, hence the desperate need for rescue," External link

onlinenigeria Friday, May 1, 2020 1:35:00 PM EAT

Mthuli Ncube admitted : "responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country's economic woes were set to deepen, hence the desperate need for rescue," External link

bulawayo24 Friday, May 1, 2020 11:08:00 AM EAT

Mthuli Ncube said : "Zimbabwe's economy could contract by 15-20 percent during 2020 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Friday, May 1, 2020 10:12:00 AM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

BBCMonitoring Tuesday, April 28, 2020 2:05:00 PM EAT

Mthuli Ncube said : "We already have another cash transfer of $180 a month to cover the roller meal subsidy because if you can't find roller meal, the option is that you then get cash in lieu of roller meal, especially those who are in urban areas because in the rural areas we are already giving out free food and this is part of our support for the vulnerable," External link

allafrica Tuesday, April 28, 2020 1:28:00 PM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

bulawayo24 Tuesday, April 28, 2020 12:22:00 PM EAT

Mthuli Ncube said : "We already have another cash transfer of $180 a month to cover the roller meal subsidy because if you can't find roller meal, the option is that you then get cash in lieu of roller meal, especially those who are in urban areas because in the rural areas we are already giving out free food and this is part of our support for the vulnerable," External link

bulawayo24 Tuesday, April 28, 2020 2:19:00 AM EAT

Mthuli Ncube said : “I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production,” “I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it’s also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products,” External link

newsday Monday, April 27, 2020 9:05:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

newsday Monday, April 27, 2020 9:05:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

thezimbabwemail Monday, April 27, 2020 12:34:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

newsday Monday, April 27, 2020 11:26:00 AM EAT

Mthuli Ncube said : "I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production," "I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it's also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products," External link

onlinenigeria Monday, April 27, 2020 8:02:00 AM EAT

Mthuli Ncube said : "I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production," "I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it's also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products," External link

bulawayo24 Monday, April 27, 2020 6:54:00 AM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

bulawayo24 Monday, April 27, 2020 6:54:00 AM EAT

Mthuli Ncube said : "It is very clear that we need more capacity in terms of the PCR machines that they have here so that Mpilo can be more effective in processing the tests that come here," External link

bulawayo24 Sunday, April 26, 2020 2:42:00 PM EAT

Mthuli Ncube said ( about Jack Ma ) : "We are also grateful to our international cooperating partners who have contributed to this to support Government fight Covid-19 pandemic. Added up so far and I am just talking about money in dollars and cents, we are in the region of over US$70 million for now and that is excluding donations in kind from all over and that is including UAE, Jack Ma Foundation, China and from other countries around the world and we have also received support from local Zimbabweans who have donated cash. I just looked at the balance from the crises response fund and the balance is growing every day," "Locally we have companies that are donating PPE equipment and other things. All that is valuable and at the end of the day we will value it all and share with the nation how much we received. So, we have a full accounting system to be applied to show how these resources would have been used" External link

bulawayo24 Saturday, April 25, 2020 10:21:00 AM EAT

Mthuli Ncube said : "We expect a drop in revenue collection due to Covid-19. We collect taxes from people, from citizens, companies and others and imports and we actually expect a drop but that's expected. We would also expect a slightly bigger deficit this year. Last year we archived a small surplus of $437 million which is good for the whole year. It was not an easy year but we still managed to balance the books and against this year we would like to balance the books but we are aware of the pressure that the Covid 19 has put pressure on revenues," "It not just lost revenue but we also have expenditure of course. We are going to start paying one million citizens $200 per person per month and we are going to expand that because we are aware that there are 3,5 million citizens in need of assistance in urban and rural areas and that costs money and so we are working on a bigger recovery stimulus package post-Covid-19 or post-lockdown to support our industry to make sure that people don't lose jobs. That costs money. So, we have two situations were on one hand the revenue has dropped slightly and on the other hand there is the demand to support people which has increased. So, we expect a bigger deficit than expected. But it's for a good cause because every country is trying to do the same to respond in a similar way" External link

bulawayo24 Saturday, April 25, 2020 10:21:00 AM EAT

Mthuli Ncube said : “We have a national venture fund to finance start-up projects or venture activities. I have seen the projects here which I the fund can finance…,” External link

zbc Tuesday, April 21, 2020 1:40:00 PM EAT

Mthuli Ncube précisé : “A ce jour, 780 anciens fermiers ont accepté le programme de dédommagements, et 500 ont déjà été payés” External link

AfricaNews-French Friday, November 15, 2019 10:17:00 AM EAT

Mthuli Ncube précisé : "A ce jour, 780 anciens fermiers ont accepté le programme de dédommagements, et 500 ont déjà été payés" External link

afp-fr Thursday, November 14, 2019 11:09:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
banker4.17%EN01/18/201718/01/2017
professor16.67%EN07/27/201627/07/2016
oxford university professor4.17%EN07/27/201627/07/2016
speaker2.08%EN07/06/201606/07/2016
economist58.33%EN06/29/201629/06/2016
vice-président de la bad6.25%FR11/04/201304/11/2013
chef de la banque africaine de développement6.25%FR09/30/201330/09/2013
chef2.08%FR12/06/201206/12/2012
Names Lang Count
Mthuli NcubeEN69.05%
Mthuli NcubeFR30.95%


 
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Tapiwa Mashakada added ( about Mthuli Ncube ) : "I call upon Ncube and the entire Cabinet to stop inflicting pain and suffering on the poor people. I call upon Ncube to stop lying to the President and Cabinet that there has to be pain first and gain later. There is no such thing. The sooner ED realises he is being sold a dummy by his Finance minister, the better. History is full of stories of removal of governments caused by economic stabilisation programmes such as the TSP. " External link

bulawayo24 Tuesday, August 4, 2020 10:48:00 AM EAT

Tapiwa Mashakada said ( about Mthuli Ncube ) : "There is a book that is loved by first-year students of economics, which is aptly titled, How to Lie With Statistics. I am sure Prof Ncube frequently reads this amazing book. Yet economic management is not about metrics alone, indeed it is about the impact," External link

bulawayo24 Tuesday, August 4, 2020 10:48:00 AM EAT

Eddie Cross said ( about Mthuli Ncube ) : “Then there is the issue of the informal sector — now over 70% of our GDP. This is both a problem (how do we collect taxes) and an opportunity. It means that our real economy is three times the size of the formal sector. No company can survive in this country without a strategy for the informal economy,” “I was asked in 2019 by the Minister of Finance (Mthuli Ncube) to help a struggling manufacturer in Harare with understanding the economic and policy environment and showing them how to manage both. I met with the chairman, chief executive officer (CEO) and several other executives and explained the situation with regard to foreign exchange, pricing and managing opportunity,” External link

newsday Wednesday, July 29, 2020 3:59:00 PM EAT

Tshinga Dube said ( about Mthuli Ncube ) : "Professor Ncube, as I have already said has been to all these top financial institutions in the world but he cannot change what was derailed in 40 years in two years," "So because sometimes we can take a horse to water but you can't make it to drink. So I am not sure now when his high academic qualifications are going to take-off in our country. But I will say that of course if something has been undone for 40 years, it is not very easy to undo it in about three years. There must be something that we must look into very seriously" External link

bulawayo24 Tuesday, July 28, 2020 9:01:00 PM EAT

Edwin Mushoriwa added ( about Mthuli Ncube ) : “Honourable Ncube is disregarding this Parliament and is disrespectful to the chair of the Speaker. Measures need to be taken to curtail the behaviour of the minister” External link

newsday Thursday, July 16, 2020 2:27:00 AM EAT

Tendai Biti said ( about Mthuli Ncube ) : “We urgently need a political solution in this country because if we do not do that, as (Finance minister) Mthuli Ncube admits in his letter to the International Monetary Fund (IMF), there is going to be an implosion,” External link

dailynews-co-zw Sunday, June 14, 2020 2:18:00 PM EAT

Gorden Moyo said ( about Mthuli Ncube ) : "I was just wondering that the minister (Mthuli Ncube) wrote a letter to the international financial institutions in the West. Why not also write the same letter to China because our government has always been saying China is an all-weather friend and a friend indeed?" External link

bulawayo24 Friday, May 29, 2020 11:09:00 AM EAT

Nelson Chamisa argued ( about Mthuli Ncube ) : “Asking citizens to pay US$65 for compulsory Covid-19 testing is surely criminal, whether in quarantine or seeking treatment at health facilities. Mr Mthuli, where is your surplus? ED, why buy ‘buses’ instead of COVID-19 testing kits? Why put so many in kombi business out of jobs?We mustn’t be so heartless and cruel,” External link

zimeye Wednesday, May 27, 2020 4:16:00 AM EAT

Monica Mutsvangwa said ( about Mthuli Ncube ) : “The Minister of Finance and Economic Development (Professor Mthuli Ncube) reported that revenue collections for the first quarter of 2020 amounted to $14,18 billion, exceeding the targeted revenue of $12,81 billion by 10,67 percent,” “That $4,75 billion was spent on employment costs as at 31 March, 2020, against the target of $3,96 billion and that social spending amounted to $1, 25 billion against a target of $1,6 billion” External link

zimeye Monday, May 25, 2020 6:02:00 AM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : “Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : "Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do," External link

onlinenigeria Saturday, May 2, 2020 8:13:00 PM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : "Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do," External link

bulawayo24 Saturday, May 2, 2020 7:13:00 PM EAT

AfricaBrief

Mthuli Ncube

Last updated on 2014-05-22T12:05+0300.

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Quotes... Extracted quotes from

Mthuli Ncube said : “In the agreement, we have given ourselves 12 months to run around the world, around Zimbabwe to think of ways of raising this funding. We are determined that we will achieve that. It’s also about pledges, not necessarily about cash being put on the table. It’s about commitment” External link

newsday Tuesday, August 11, 2020 4:14:00 PM EAT

Mthuli Ncube said : "The conclusion of the Global Compensation Deed (GCD) which was signed in Harare on Wednesday 29th July 2020 is in compliance with the Constitution and Government's respect for the rule of law. It is also a reflection of the Second Republic's political commitment to the successful conclusion of the land redistribution process in a dignified manner that restores the integrity and dignity of all the people of Zimbabwe who were affected by the necessary land reforms," External link

allafrica Sunday, August 9, 2020 5:03:00 PM EAT

Mthuli Ncube said : “The second step was to make sure retailers are able to receive payments for goods and services, so that has been put in place. Please note that there has been progress and that allowance is tax-free as previously announced and we will capture that in the Finance Bill,” External link

dailynews-co-zw Thursday, August 6, 2020 9:02:00 PM EAT

Mthuli Ncube said : “There are so many inter-ministerial committees that are chaired by another Cabinet minister. On the VP, there will be no any complications about that. It is about delivery,” External link

herald Thursday, August 6, 2020 1:58:00 AM EAT

Mthuli Ncube said : “By next year we should make some progress to raise half of the amount. We are going to hire a financial adviser because we are going to raise a debt instrument for 30 years. There will be a 30-year bond,” External link

herald Thursday, August 6, 2020 1:58:00 AM EAT

Mthuli Ncube said : “Kitabire has been at the forefront in helping us find resources from the bank to fight crises such as Cyclone Idai, COVID-19 and waterborne diseases. We are grateful and implore the bank to find someone equal to the task (as the new country manager),” External link

newsday Wednesday, August 5, 2020 4:02:00 PM EAT

Mthuli Ncube said : “The issue is one of regulation, we are catching up with the innovation,” External link

bloomberg Friday, July 31, 2020 11:42:00 AM EAT

Mthuli Ncube said : “out of line with the norm of the rules of the ZSE and best trading practice in the nature of their activities,” External link

iol Thursday, July 30, 2020 6:23:00 PM EAT

Mthuli Ncube said : “Given the findings of the inquiry, government has taken the decision to allow trading on the ZSE to resume on August 3, 2020,” External link

dailynews-co-zw Wednesday, July 29, 2020 4:37:00 PM EAT

Mthuli Ncube said : “The government of Zimbabwe remains committed to restoration of order and the removal of aberrations on the financial markets in order to maintain the credibility and integrity of Zimbabwe’s financial markets so that they continue to play a critical role of attracting global capital into Zimbabwe,” External link

dailynews-co-zw Wednesday, July 29, 2020 4:37:00 PM EAT

Mthuli Ncube said : “while further consultations continue on the best way forward regarding their re-listing under suitable rules,” External link

dailymaverick Wednesday, July 29, 2020 7:15:00 AM EAT

Mthuli Ncube noting : "Net One and Tel One have indicated that they cannot afford US$5 million transactional fees for consultancy services" External link

allafrica Wednesday, July 29, 2020 3:09:00 AM EAT

Mthuli Ncube added : "Following the unsustainable fees for the transaction, Government has cancelled the transactional contract with PwC and is looking at retendering or sourcing for the services of other bi-lateral or multilateral partners" "In this regard, a formal request has been made by the secretary of SEPs Reforms, Corporate Governance and Procurement to the World Bank local office to ask IFC to be transactional advisors since these do not need upfront payment" External link

allafrica Wednesday, July 29, 2020 3:09:00 AM EAT

Mthuli Ncube said : “I am frustrated that our state enterprise reform agenda is not moving as fast as we would like, but we are still pushing. It’s just that it’s a very complicated process, we have to work with the boards, CEOs, with the parent ministries. You have to find advisers, and the procurement process takes long just to secure those transaction advisers,” “It is taking longer than anticipated” External link

thezimbabwemail Wednesday, July 29, 2020 2:31:00 AM EAT

Mthuli Ncube said : “while further consultations continue on the best way forward regarding their relisting under suitable rules,” External link

businessday Tuesday, July 28, 2020 11:33:00 PM EAT

Mthuli Ncube said : “It is an issue that we are seized with and will definitely look into that,” External link

thezimbabwemail Sunday, July 26, 2020 2:43:00 AM EAT

Mthuli Ncube said : "We expect recovery in 2021, and for Zimbabwe we expect +7,4% growth rate in 2021," External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "We will soon deal with that issue in the Bill I am bringing before Parliament soon. There is a paragraph which will compel retailers to show receipts in the currency of payment and to pay taxes in the currency they were paid" External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "Our target is one million people, but registration is slow. But we want citizens to register because $300 is waiting for them. If you are feeling vulnerable please come forward and register because $2,4 billion is waiting" External link

bulawayo24 Friday, July 24, 2020 10:27:00 AM EAT

Mthuli Ncube said : "We are dealing with that. That will be contained in the Finance Bill, which we are bringing to Parliament. The Bill will compel retailers and traders to pay taxes in currencies that they would have quoted for goods prices," External link

bulawayo24 Thursday, July 23, 2020 11:14:00 PM EAT

Mthuli Ncube said : "We have suffered some shocks. We have had several challenges, but we are still standing, so the future of our economy is bright," External link

bulawayo24 Thursday, July 23, 2020 11:14:00 PM EAT

Mthuli Ncube told : “The systems are ready for civil servants to get the US$75 from the special foreign currency accounts which were opened. The process has been completed now and the banks have said they are ready to issue cards for use in the shops,” External link

newsday Thursday, July 23, 2020 4:17:00 PM EAT

Mthuli Ncube said : “It’s just a matter of going through the paces and receiving reports once the investigations are complete. It should have certain recommendations. We will follow those recommendations. All we are trying to do as a regulator is to intervene in a right way to make sure that there is some discipline in our private sector activities, the government and private sector work as partners to develop our economy,” External link

dailynews-co-zw Thursday, July 23, 2020 11:35:00 AM EAT

Mthuli Ncube said : "Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017," External link

allafrica Thursday, July 23, 2020 3:05:00 AM EAT

Mthuli Ncube said : “Madam President, let me say the future is bright, I can see the light and growth will be better next year. We are on a winning wicket for those of you who like cricket. I will find the right expression for those who like soccer” External link

insiderzim Wednesday, July 22, 2020 11:41:00 PM EAT

Mthuli Ncube said : “In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely,” External link

thezimbabwemail Wednesday, July 22, 2020 2:54:00 PM EAT

Mthuli Ncube said : “On the other hand, health services, ICT; manufacturing of food stuffs and electricity and water had gains,” External link

thezimbabwemail Wednesday, July 22, 2020 2:54:00 PM EAT

Mthuli Ncube said : “The second step was to make sure retailers are able to receive payments for goods and services, so that has been put in place. Please note that there has been progress and that allowance is tax-free as previously announced and we will capture that in the Finance Bill,” External link

herald Wednesday, July 22, 2020 3:05:00 AM EAT

Mthuli Ncube said : “The Government in conjunction with private investors is also establishing gold buying centres around the country and the Bubi Centre is already functional,” External link

thezimbabwemail Tuesday, July 21, 2020 9:51:00 PM EAT

Mthuli Ncube said : “Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017,” External link

thezimbabwemail Tuesday, July 21, 2020 9:51:00 PM EAT

Mthuli Ncube said : “I am still focusing on a budget deficit of 1,5% of GDP and we are well on our way to achieving that,” External link

newsday Tuesday, July 21, 2020 8:02:00 PM EAT

Mthuli Ncube said ( about Financial Intelligence Unit ) : “We are waiting for the conclusion of the investigations led by the Financial Intelligence Unit (FIU). They should be able to conclude within the next week or two weeks. Then we will review that and then decide on modalities for reopening,” External link

newsday Tuesday, July 21, 2020 8:02:00 PM EAT

Mthuli Ncube said : “The future is bright because next year we expect a growth of about 7,4 percent. Our budget is balancing. We are going to have a second budget surplus of $1,2 billion unlike the previous years from around 2009-18 where we have been having deficits,” External link

dailynews-co-zw Tuesday, July 21, 2020 4:00:00 PM EAT

Mthuli Ncube said : “The Government in conjunction with private investors is also establishing gold buying centres around the country and the Bubi Centre is already functional,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “Currently, mining sector contributes about 8 percent of total GDP and has set a target of generating US$12 billion revenues by 2023 from as little as US$2.7 billion in 2017,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “Distribution of the goods will be prioritised towards frontline workers in sectors such as health facilities, immigration, customs, law enforcement as well as quarantine centres. The distribution will be coordinated through the National Pharmaceutical Company, a Government agency,” External link

herald Tuesday, July 21, 2020 2:21:00 AM EAT

Mthuli Ncube said : “I am still focusing on a budget deficit of 1.5% of GDP and we are well on our way to achieving that,” External link

businessday Monday, July 20, 2020 8:39:00 PM EAT

Mthuli Ncube said : "I am still focusing on a budget deficit of 1.5% of GDP and we are well on our way to achieving that," External link

nampa Monday, July 20, 2020 10:17:00 AM EAT

Mthuli Ncube said : “FDI inflows for the year 2020 are expected to end the year at US$150.4 million, which is a 40% decline from the US$249.5 recorded in 2019,” External link

thezimbabwemail Sunday, July 19, 2020 11:04:00 PM EAT

Mthuli Ncube warned : "So bad is the situation, that it could cause an implosion of the state and threaten security in neighbouring states," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to Covid-19 and social protection. This position enables us to avoid tabling a Supplementary Budget, given our current levels of spending," "Treasury will be dealing with arising expenditure pressures, as we consolidate our fiscal position during the remainder of the year, taking account of revenue performance against inescapable reprioritised expenditures" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "With regard to other interventions, generally there was an increase in levels of support from ZW$10 to ZW$200 per individual due to increase in administration and capita grants required for the upkeep of institutionalised personnel under support towards the elderly, children in difficult circumstances, as well as for the disabled persons," "Given the need to respond to Covid-19 mitigatory measures, government has directed that resources under devolution be channelled towards Covid-related facilities such as water and sanitation, isolation, quarantine and treatment centres" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Resultantly, for the period January to June 2020, a budget surplus of around ZW$800 million has been realised. This takes account of outstanding payments. This Mid-Term Budget and Economic Review takes stock of budget and economic performance during the first half of the year. Ministries have on average utilised 46% of their votes as at June 2020," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Exchange rate levels and movements have far-reaching implications for inflation, competitiveness of exports, efficiency in resource allocation, international confidence and balance of payments equilibrium. Therefore exchange rate developments are a matter of national interest and concern to Government, the business community and the general public," "In order to stabilise the exchange rate and anchor inflation, Government introduced the foreign exchange Dutch Auction system on Tuesday, 23rd June 2020, which is designed to reduce exchange rate instability. The auction is expected to enhance transparency in the management of foreign exchange, achieve a realistic exchange rate (price discovery) for the ZW and discourage speculative demand for foreign currency" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Therefore, growth for mining sector is now projected to slow-down to -4,1% in 2020, reflecting the impact of Covid-19 and other challenges evolving around retentions. These include erratic power supply and loss of skills in the mining sector" External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : "Zimbabwe's foreign tourist arrivals followed the global path to April 2020 and average hotel occupancy rates, which had peaked to 33% in February from 27% in January, dipped to a low of 3% in March 2020," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube wrote : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

allafrica Sunday, July 19, 2020 3:30:00 AM EAT

Mthuli Ncube said : “A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected 4,5 percent in 2020, against the initial budget projection of 3 percent growth” External link

thezimbabwemail Sunday, July 19, 2020 3:29:00 AM EAT

Mthuli Ncube said : “As at May 31, 2020, total foreign currency inflows amounted US$2,35 billion, against foreign payments amounting to US$1,55 billion,” External link

thezimbabwemail Sunday, July 19, 2020 3:29:00 AM EAT

Mthuli Ncube said ( about Services Centre ) : "The 2019 National Budget Statement highlighted Government's intention to set up an Offshore Financial Services Centre (OFSC) as part of efforts to develop the financial services sector, through provision of opportunities for global investment," External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : "A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected minus 4,5 percent in 2020, against the initial Budget projection of three percent growth," "In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely" External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : "Prices of most minerals (nickel, copper, chrome, coal and cotton) except for gold and rhodium have weakened since the pandemic was first reported amid weaker global demand. Gold has, however, benefitted from safe haven demand," External link

allafrica Saturday, July 18, 2020 3:34:00 AM EAT

Mthuli Ncube said : “Inflation is expected to gradually decline in the second half of 2020, from the peak of 785,5% in May 2020, to 300% in December 2020, responding to current monetary and fiscal policy interventions,” “The projected annual inflation is consistent with reducing the month-on-month inflation from 31,7% in June 2020 to around 5% in the last quarter of 2020” External link

newsday Friday, July 17, 2020 10:03:00 PM EAT

Mthuli Ncube said : "Resources from the 2 percent Intermediated Money Transfer Tax (IMTT) were also ring fenced and channelled towards Covid-19 related mitigatory expenditures," External link

allafrica Friday, July 17, 2020 4:22:00 PM EAT

Mthuli Ncube said : “Following the legalised use of foreign currency in domestic trade, there has been an upsurge in electronic transfers of foreign currency for transaction purposes,” “The current exemption has, thus, created an unfair advantage for taxpayers transacting in foreign currency, thereby raising equity considerations” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “Accordingly, a maximum tax of US$2 000 is proposed for foreign currency transactions with a value exceeding US$100 000 with effect August 1, 2020,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “Furthermore, the preference for foreign currency by most business has undermined the revenue generating capacity of the tax,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to COVID-19 and social protection,” External link

newsday Friday, July 17, 2020 2:57:00 PM EAT

Mthuli Ncube said : “However, prevailing market conditions have necessitated further review of employee salaries and wages. In order to minimise the tax burden, and also enhance disposable income, particularly during this period when a sizeable number of households are yet to recover from the effects of the Covid-19 lockdown, I propose to review the tax-free threshold from $2 000 to $5 000 per month,” “I further propose to adjust the tax bands to begin at $5 001 and end at $ 100 000, above which the highest marginal tax rate of 40 percent will apply, with effect from August 1, 2020” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said ( about Services Centre ) : “The 2019 National Budget Statement highlighted Government’s intention to set up an Offshore Financial Services Centre (OFSC) as part of efforts to develop the financial services sector, through provision of opportunities for global investment,” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : “A combination of Government intervention and external development support in mitigation of the Covid-19 pandemic is expected to alleviate deeper contraction of the economy to a projected minus 4,5 percent in 2020, against the initial Budget projection of three percent growth,” “In the absence of the above stimulus package and assuming prolonged and severe impact of the crisis, the economy would contract severely” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : “Prices of most minerals (nickel, copper, chrome, coal and cotton) except for gold and rhodium have weakened since the pandemic was first reported amid weaker global demand. Gold has, however, benefitted from safe haven demand,” External link

herald Friday, July 17, 2020 11:00:00 AM EAT

Mthuli Ncube said : "This enables us to operate to the end of the year as we reallocate to cover the critical needs, especially those related to COVID-19 and social protection," "This position enables us to avoid tabling a supplementary budget, given our current levels of spending" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "In order to minimise the tax burden, and also enhance disposable income, particularly during this period when a sizeable number of households are yet to recover from the effects of COVID-19 lockdown, I propose to review the tax free threshold from $2 000 to $5 000 per month. " External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Following the legalised use of foreign currency in domestic trade, there has been an upsurge in electronic transfers of foreign currency for transaction purposes," "The current exemption has, thus, created an unfair advantage for taxpayers transacting in foreign currency, thereby raising equity considerations" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Accordingly, a maximum tax of US$2 000 is proposed for foreign currency transactions with a value exceeding US$100 000 with effect August 1, 2020," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Furthermore, the preference for foreign currency by most business has undermined the revenue generating capacity of the tax," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Ministries have on average utilised 46% of their votes as at June 2020. This also implies that 54% of the original 2020 Budget remains unutilised. " External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Inflation is expected to gradually decline in the second half of 2020, from the peak of 785,5% in May 2020, to 300% in December 2020, responding to current monetary and fiscal policy interventions," "The projected annual inflation is consistent with reducing the month-on-month inflation from 31,7% in June 2020 to around 5% in the last quarter of 2020" External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "Resources from the 2 percent Intermediated Money Transfer Tax (IMTT) were also ring fenced and channelled towards Covid-19 related mitigatory expenditures," External link

bulawayo24 Friday, July 17, 2020 10:10:00 AM EAT

Mthuli Ncube said : "a combination of government and external development support in mitigating the COVID-19 pandemic is expected to alleviate deeper contraction of the economy to a projected -4.5 percent growth in 2020" External link

afp-en Thursday, July 16, 2020 8:53:00 PM EAT

Mthuli Ncube said : “They are not going to get the money in cash because we don’t want them to start getting into the streets and becoming money changers and partaking in black market activities,” External link

dailynews-co-zw Tuesday, July 14, 2020 6:33:00 PM EAT

Mthuli Ncube said : "One thing that has affected us in terms of infrastructural projects is the issue of Covid-19. In terms of projects like dam construction and the like, it has dislocated us but we will be back on track again soon. For example, last week we allocated $200 million for the construction of the Gwayi-Shangani Dam, it is part of our road to getting back on track bit by bit," External link

bulawayo24 Sunday, July 12, 2020 1:05:00 PM EAT

Mthuli Ncube said : “On remittances initially we were concerned, but they are resilient even in the face of COVID-19. I must hasten that whilst on the external balances to say on the tobacco season seems to be going well, we decentralised the model of marketing tobacco and it is working and we realised that there is a silver lining in the COVID-19 era,” External link

zbc Thursday, July 9, 2020 2:20:00 AM EAT

Mthuli Ncube wrote : “Zimbabwe’s economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure,” External link

thezimbabwemail Monday, July 6, 2020 8:05:00 PM EAT

Mthuli Ncube wrote : "Zimbabwe's economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

onlinenigeria Sunday, July 5, 2020 7:51:00 PM EAT

Mthuli Ncube wrote : "Zimbabwe's economy could contract by 15-20 percent during 20202 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Sunday, July 5, 2020 5:54:00 PM EAT

Mthuli Ncube said : "Security risk to the country is not the policies we have introduced but the speculators, those who are dealing in the parallel market and involved in illicit activities," External link

allafrica Sunday, July 5, 2020 3:10:00 AM EAT

Mthuli Ncube said : “Once the market is stable at whatever level, then it should translate to movement in prices that will deal with inflation,” External link

dailynews-co-zw Friday, July 3, 2020 1:52:00 PM EAT

Mthuli Ncube said : "Security risk to the country is not the policies we have introduced but the speculators, those who are dealing in the parallel market and involved in illicit activities," External link

bulawayo24 Friday, July 3, 2020 10:18:00 AM EAT

Mthuli Ncube said : “As such, Zimbabwe is open for business, but it is not open for money laundering and illicit financial flows,” “What you saw was a regulatory intervention to investigate and try to understand the criminality and suspicion of illicit financial flows, including money laundering,” External link

dailynews-co-zw Thursday, July 2, 2020 3:59:00 PM EAT

Mthuli Ncube said : “It’s very important that we should make sure that the security cluster is well funded, that soldiers have a decent meal, three meals a day, as well as the police,” External link

dailynews-co-zw Wednesday, July 1, 2020 11:58:00 AM EAT

Mthuli Ncube said : "If we don't up our game, we risk being the epicentre as a province. The few that we are testing are coming through the formal borders, but are having others crossing through illegal entry points from Botswana and South Africa. So, we wish to maximise our testing capacity and educating communities in the borderline areas on health and safety issues, and these need the Government to capacitate us," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : "The concerns are valid and well noted. I will engage my colleagues in Government especially those from the Ministry of Health and Child Care so that we look into availing more testing equipment to critical ports of entries. Recently we released $200 million to upgrade quarantine centres and enhance capacities. These are the funds we need to direct to areas in urgent need including Beitbridge and Plumtree towns," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : "Well, of course, it's not our ministry which deals with land issues, but I am aware of the issues you are raising," External link

bulawayo24 Sunday, June 28, 2020 10:09:00 AM EAT

Mthuli Ncube said : “Small scale miners are now contributing over 50%, actually 70% of gold. Leakages should be minimized. We have to curb smuggling. We are losing quite a lot of gold that’s why we want to pay lucrative prices, capacitate you and create markets for you,” External link

zbc Friday, June 26, 2020 4:07:00 AM EAT

Mthuli Ncube said : "Price stability is linked to currency stability, so the first order of business becomes to stabilise the currency and the auction system that we have introduced is part of that process," "Part of that process includes bringing currency value, stabilising currency and once that is established and then that should engender some sort of stability in prices as well" External link

bulawayo24 Thursday, June 25, 2020 9:38:00 AM EAT

Mthuli Ncube said : “We have entered into a currency swap arrangement; what this means is that there are those who would be investing in Zimbabwe from China and those who require their proceeds to be remitted back to China,” “The idea is those individuals will then swap [currency] so that those who are investing in Zimbabwe are able to give them a domestic currency, and they use the foreign currency — which they are bringing in for investment — to pay those who are exiting” External link

businessday Thursday, June 25, 2020 2:51:00 AM EAT

Mthuli Ncube added : "It will be prudent for the government to admit failure and return to the multi-currency regime or the use of US dollars exclusively," External link

bulawayo24 Wednesday, June 24, 2020 10:15:00 PM EAT

Mthuli Ncube added : “It will be prudent for the government to admit failure and return to the multi-currency regime or the use of US dollars exclusively,” External link

dailynews-co-zw Wednesday, June 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : "I am aware of the need to give farmers bankable land so that they may operate as businessmen. However, that doesn't necessarily fall under my ministry," External link

bulawayo24 Tuesday, June 23, 2020 10:31:00 AM EAT

Mthuli Ncube said : "Frankly speaking we are also going through a transition and I think overtime, once banks are more comfortable with lending to the agriculture sector you will find the Government pulling back and the banks will be very comfortable to carry forward," External link

bulawayo24 Tuesday, June 23, 2020 10:31:00 AM EAT

Mthuli Ncube said : “However, that doesn’t necessarily fall under my ministry,” External link

herald Monday, June 22, 2020 3:13:00 PM EAT

Mthuli Ncube said : “There is a need to deploy more resources, among them helicopters, all-terrain vehicles and construction of staff accommodation to enhance efficiency issues and minimise intrusive leaks around the border with South Africa. These should cover, customs, immigration and security services,” External link

herald Monday, June 22, 2020 2:29:00 AM EAT

Mthuli Ncube said : “What should happen is that people should be able to approach the Reserve Bank of Zimbabwe and then have those bank notes replaced with fresh notes … Just bring them over and we swap those,” External link

dailynews-co-zw Saturday, June 20, 2020 1:48:00 PM EAT

Mthuli Ncube said : "I have also taken note of the operational challenges at Beitbridge Border Post, which generates 31 percent of the Zimbabwe Revenue Authority's (Zimra) annual income. There is a need to deploy more resources which include helicopters, all-terrain vehicles and construction of staff accommodation to the border to enhance efficiency issues and minimise intrusive leakages around the border with South Africa. These should cover, customs, immigration and security services," External link

bulawayo24 Saturday, June 20, 2020 10:46:00 AM EAT

Mthuli Ncube said : “Pursuant to government’s commitment to continuously review and improve the remuneration framework for civil servants, taking into account the transitory economic challenges being currently experienced in the country, which have been exacerbated by the COVID-19 pandemic, government makes the following announcement: With immediate effect, all civil servants’ salaries will be adjusted upwards by 50%. This increase also applies to all government pensions. In addition, all civil servants will be paid a flat, nob-taxable, COVID-19 allowance of US$75 per month. Government pensioners will be paid a flat, non-taxable, COVID-19 allowance of US$30,” External link

newsday Saturday, June 20, 2020 7:40:00 AM EAT

Mthuli Ncube added : “However, the prices are still going up as we have seen and I believe it’s time for us to dialogue once again with the business community and shake hands once again but this time with a firmer grip to curb the price increases,” External link

dailynews-co-zw Thursday, June 18, 2020 12:38:00 PM EAT

Mthuli Ncube said : “Bond notes are still legal tender but the government will soon issue a statement on the gradual phasing out of the bond notes, people who receive them can approach banks and exchange them for the new notes,” External link

zbc Wednesday, June 17, 2020 9:50:00 PM EAT

Mthuli Ncube said : "We use the swapping mechanism where we are swapping RTGS balances for cash and we have kept that approach and that's the right approach to do it," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : "We said at the beginning of the year that one of our challenges is going to be exchange rate stabilisation and we are working on it. We are dealing with those in the speculation business in the parallel market," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : "On the fiscal front, we are determined to make sure that we don't run large budget deficits, which become a problem for currency stabilisation. But also on the monetary front, we make sure money supply growth stays within the limits to ensure it doesn't add again to currency volatility," External link

bulawayo24 Tuesday, June 16, 2020 11:39:00 AM EAT

Mthuli Ncube said : “For those companies that are exporting, they get more in domestic currency and that is what redefines competitiveness,” External link

thezimbabwemail Monday, June 15, 2020 7:56:00 PM EAT

Mthuli Ncube said : “You will find that our stimulus package is focusing on that and dovetails with what we pronounced in the budget for 2020,” External link

thezimbabwemail Monday, June 15, 2020 7:56:00 PM EAT

Mthuli Ncube said : “Initially we wanted to privatise these (TelOne and mobile network operator NetOne) as separate entities then we decided to do them as a package so we had to get an adviser for both transactions as one and that step takes quite a while,” “The financial adviser is receiving interested parties who want to invest. We are making progress” External link

theindependent Monday, June 15, 2020 11:13:00 AM EAT

Mthuli Ncube said : “We want to make sure that farmers access their money easily,” External link

dailynews-co-zw Friday, June 12, 2020 11:19:00 AM EAT

Mthuli Ncube said : "Initially we wanted to privatise these (TelOne and mobile network operator NetOne) as separate entities then we decided to do them as a package so we had to get an adviser for both transactions as one and that step takes quite a while," "The financial adviser is receiving interested parties who want to invest. We are making progress" External link

bulawayo24 Friday, June 12, 2020 10:18:00 AM EAT

Mthuli Ncube argued : "You cannot afford to have hard currency only and no domestic currency," "No economy can develop without a domestic currency, you need that" External link

bulawayo24 Wednesday, June 10, 2020 7:47:00 PM EAT

Mthuli Ncube said : "At the moment, our cash in circulation is about 4% of Gross Domestic Product," "In other economies and in the region, it is about 10%, or even below half. So, it will take us a while to get up there" External link

bulawayo24 Wednesday, June 10, 2020 7:47:00 PM EAT

Mthuli Ncube said : "We are really trying, but it is not easy because if people are used to doing something, it is not easy to stop them. We are, however, really trying," "I am sure you have also noticed that every time we arrest people and we close their accounts, the rate goes down, and that shows that there is something not right that they are doing. That is what we are trying to investigate," External link

bulawayo24 Monday, June 8, 2020 8:31:00 PM EAT

Mthuli Ncube said : "Perhaps they have their own pressures. I still urge that if we could have another handshake, it would be helpful and assist Zimbabweans to have this price moratorium while we go through this difficult time," External link

bulawayo24 Monday, June 8, 2020 8:31:00 PM EAT

Mthuli Ncube said : “We are really trying, but it is not easy because if people are used to doing something, it is not easy to stop them. We are, however, really trying,” “I am sure you have also noticed that every time we arrest people and we close their accounts, the rate goes down, and that shows that there is something not right that they are doing. That is what we are trying to investigate,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube said : “Perhaps they have their own pressures. I still urge that if we could have another handshake, it would be helpful and assist Zimbabweans to have this price moratorium while we go through this difficult time,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube added ( about Financial Intelligence Unit ) : “The Financial Intelligence Unit has become more active of late and that is pleasing in terms of dealing with this kind of behaviour,” External link

dailynews-co-zw Monday, June 8, 2020 1:36:00 PM EAT

Mthuli Ncube said : “Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid” External link

theindependent Monday, June 8, 2020 12:41:00 AM EAT

Mthuli Ncube said : “We have given priority to Zimbabwean citizens’ livelihoods which have been greatly affected by the national lockdown due to the pandemic and we have made special facilities to the productive sectors and we came up with the Agricultural sector support, Working Capital Support, Mining Sector Support and the Tourism Fund,” External link

thezimbabwemail Saturday, June 6, 2020 7:39:00 PM EAT

Mthuli Ncube said : “We have given priority to Zimbabwean citizens’ livelihoods which have been greatly affected by the national lockdown due to the pandemic and we have made special facilities to the productive sectors and we came up with the Agricultural sector support, Working Capital Support, Mining Sector Support and the Tourism Fund,” External link

zbc Saturday, June 6, 2020 2:47:00 PM EAT

Mthuli Ncube told ( about Regulatory Authority ) : "Treasury is not responsible for the procurement; it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury was to avail what needs to be paid," External link

onlinenigeria Friday, June 5, 2020 1:47:00 PM EAT

Mthuli Ncube told ( about Regulatory Authority ) : "Treasury is not responsible for the procurement; it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury was to avail what needs to be paid," External link

bulawayo24 Friday, June 5, 2020 12:01:00 PM EAT

Mthuli Ncube said ( about Regulatory Authority ) : “Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid,” “Of course, we do check if the processes have been followed, but we do not spend a lot of time digging into who is who, and that process also applies to the Zupco buses” External link

thezimbabwemail Thursday, June 4, 2020 10:17:00 PM EAT

Mthuli Ncube said ( about Regulatory Authority ) : "Treasury is not responsible for procurement, it is government departments and ministries that run procurement processes with the Procurement Regulatory Authority of Zimbabwe and there are rules to be followed and our job as Treasury is to avail what needs to be paid," "Of course, we do check if the processes have been followed, but we do not spend a lot of time digging into who is who, and that process also applies to the Zupco buses" External link

bulawayo24 Thursday, June 4, 2020 8:30:00 PM EAT

Mthuli Ncube said : "Zimbabwe should be investing in understanding innovations and often central banks are too slow in investing in these technologies. But there are other countries which are moving faster. If you look at the Swiss central bank they are investing in- and understanding bitcoin," "One can pay for travel using bitcoin in Switzerland. So, if these countries can see value in this and where it's headed, we should also pay attention. We have innovative youngsters so the idea shouldn't be to stop it and say don't do this, but rather the regulators should invest in catching up with them and find ways to understand it, then you regulate it because you now understand it" External link

bulawayo24 Sunday, May 31, 2020 1:54:00 PM EAT

Mthuli Ncube said : “We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move,” External link

thezimbabwemail Thursday, May 28, 2020 4:04:00 PM EAT

Mthuli Ncube said : “While prices are going up our salaries remain unchanged. We can hardly afford to buy anything now. Prices drastically increased, starting from midweek last week. Although I can’t give the actual percentage increase, I know products such as sugar are now selling at between $120 to $130. The local currency is losing its value and I think Government should consider dollarising the economy. That way life will be much better,” External link

thezimbabwemail Thursday, May 28, 2020 4:04:00 PM EAT

Mthuli Ncube said : “We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move,” External link

zimeye Thursday, May 28, 2020 1:52:00 PM EAT

Mthuli Ncube told : “So, that is a very delicate balance. We will try our best to achieve that balance of minimising the tax impact and at the same time raising enough revenue to support the stimulus and (government) operations. That’s quite a delicate package,” External link

zimeye Thursday, May 28, 2020 10:48:00 AM EAT

Mthuli Ncube said : “We have done something on the tax side,” “Companies should take their time in paying what is due. They (companies) can ask for special dispensation to be able to pay what they owe prior to the lockdown. So, we have a bit of flexibility on the tax front” External link

zimeye Thursday, May 28, 2020 10:48:00 AM EAT

Mthuli Ncube said : "We will surely urge; we will surely reach out to industry or maybe this time to firm up so that we could control these prices. So that they do not immediately react because that is what has been happening that they have been a reaction to the parallel rate when the parallel rate moves the retail sector prices also move," External link

bulawayo24 Thursday, May 28, 2020 10:16:00 AM EAT

Mthuli Ncube said : "While prices are going up our salaries remain unchanged. We can hardly afford to buy anything now. Prices drastically increased, starting from midweek last week. Although I can't give the actual percentage increase, I know products such as sugar are now selling at between $120 to $130. The local currency is losing its value and I think Government should consider dollarising the economy. That way life will be much better," External link

bulawayo24 Thursday, May 28, 2020 10:16:00 AM EAT

Mthuli Ncube said : “But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impacted and that has contributed to the economic slowdown,” External link

zimeye Tuesday, May 26, 2020 8:00:00 PM EAT

Mthuli Ncube said : “But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impacted and that has contributed to the economic slowdown,” External link

newsday Tuesday, May 26, 2020 4:46:00 PM EAT

Mthuli Ncube said : "But we have benefited when it comes to the oil sector because oil prices have come down and we are a net oil importer, so that is a positive. But generally, if you look at the global supply chain in terms of raw materials from China and everywhere, that has been impact-ed and that has contributed to the economic slowdown," External link

bulawayo24 Tuesday, May 26, 2020 10:37:00 AM EAT

Mthuli Ncube said : “This will particularly affect children and older people. In some communities, we are already witnessing malnourished children,” External link

thezimbabwemail Monday, May 25, 2020 2:49:00 AM EAT

Mthuli Ncube said : "This will particularly affect children and older people. In some communities, we are already witnessing malnourished children," External link

onlinenigeria Sunday, May 24, 2020 8:08:00 PM EAT

Mthuli Ncube said : "This will particularly affect children and older people. In some communities, we are already witnessing malnourished children," External link

bulawayo24 Sunday, May 24, 2020 7:06:00 PM EAT

Mthuli Ncube warned : “A domestic collapse also would have potentially adverse regional effects, where spill overs are significant,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “This will particularly affect children and older people. In some communities, we are already witnessing malnourished children,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences,” External link

dailynews-co-zw Sunday, May 24, 2020 3:13:00 PM EAT

Mthuli Ncube said : “We have witnessed very encouraging statistics in as far as revenue collection and expenditure are concerned,” External link

zbc Friday, May 22, 2020 11:56:00 AM EAT

Mthuli Ncube said : "As Central Government we are determined to work with the City of Bulawayo using our structures such as Zinwa and other structures to make sure the water capacity and supply is upgraded so that the city can receive the water it requires. One of the sites is this Nyamandlovu Aquifer, which is basically two sides, the Epping Forest side as well as the Rochester side. On the Rochester side it's much more developed and we allocated $10,6 million for the drilling of additional 15 boreholes that will make it 35 boreholes. In all we would like to take it to 40 (boreholes) and that would give us about 10 megalitres (ML) a day," External link

bulawayo24 Sunday, May 17, 2020 12:05:00 PM EAT

Mthuli Ncube said : “In the circumstances, Government and the Reserve Bank intend to file an appeal against the judgment,” External link

herald Saturday, May 16, 2020 10:57:00 PM EAT

Mthuli Ncube announced : "one million vulnerable households under a cash transfer programme and payment will commence immediately," External link

bulawayo24 Wednesday, May 13, 2020 7:26:00 PM EAT

Mthuli Ncube said : "Zimbabwe's economy could contract by 15-20 percent during 2020 with very serious consequences. Already 8,5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Friday, May 8, 2020 9:02:00 PM EAT

Mthuli Ncube said : "Every money transmission provider and mobile banking provider shall open and maintain a bank account that is designated exclusively for mobile banking services. Every money transmission provider and mobile banking provider shall ensure that no money is transmitted or is retained on the payment system without a corresponding correct bank balance," External link

bulawayo24 Friday, May 8, 2020 2:40:00 AM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

onlinenigeria Thursday, May 7, 2020 1:44:00 AM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

bulawayo24 Wednesday, May 6, 2020 10:41:00 PM EAT

Mthuli Ncube écrit : “l’économie du Zimbabwe pourrait se contracter de 15 à 20 % en 2020, avec des conséquences sociales graves” External link

courrierinternational Wednesday, May 6, 2020 8:20:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

onlinenigeria Wednesday, May 6, 2020 2:26:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

onlinenigeria Wednesday, May 6, 2020 2:26:00 PM EAT

Mthuli Ncube said : “In order to promote domestic tourism, a waiver on VAT payable by domestic tourists for accommodation and visitor services has been granted. Domestic tourism will be the first to recover in the wake of global travel restrictions,” External link

thezimbabwemail Wednesday, May 6, 2020 2:20:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : "In order to promote domestic tourism, a waiver on VAT payable by domestic tourists for accommodation and visitor services has been granted. Domestic tourism will be the first to recover in the wake of global travel restrictions," External link

bulawayo24 Wednesday, May 6, 2020 10:31:00 AM EAT

Mthuli Ncube said : “The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe,” External link

clubofmozambique Tuesday, May 5, 2020 9:20:00 AM EAT

Mthuli Ncube said : “The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance … short of which the country will suffer a health and economic catastrophe,” External link

citizen Tuesday, May 5, 2020 2:49:00 AM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 percent and 20 percent during 2019 and 2020. This is a massive contraction with very serious social consequences,” External link

citizen Tuesday, May 5, 2020 2:49:00 AM EAT

Mthuli Ncube said ( about The UK ) : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the Covid-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

independent-UK Monday, May 4, 2020 4:37:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

wsau Monday, May 4, 2020 3:59:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15% and 20% during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

wsau Monday, May 4, 2020 3:59:00 PM EAT

Mthuli Ncube said : "The Zimbabwean authorities propose a high-level dialogue on mitigating the economic and social downfall from the COVID-19 pandemic through transformative arrears clearance ... short of which the country will suffer a health and economic catastrophe," External link

news-yahoo Monday, May 4, 2020 3:26:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15% and 20% during 2019 and 2020. This is a massive contraction with very serious social consequences," External link

news-yahoo Monday, May 4, 2020 3:26:00 PM EAT

Mthuli Ncube said : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

polandsun Monday, May 4, 2020 11:52:00 AM EAT

Mthuli Ncube said : "The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe," External link

irishsun Monday, May 4, 2020 11:02:00 AM EAT

Mthuli Ncube said : “The global Covid-19 pandemic is expected to have a devastating health, humanitarian and economic impact on Zimbabwe,” External link

businessday Sunday, May 3, 2020 9:42:00 PM EAT

Mthuli Ncube said : “Cumulatively, Zimbabwe’s economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Mthuli Ncube warned : “A domestic collapse also would have potentially adverse regional effects, where spillovers are significant,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences," External link

onlinenigeria Saturday, May 2, 2020 8:13:00 PM EAT

Mthuli Ncube said : "Cumulatively, Zimbabwe's economy could contract by between 15 to 20 percent during 2019 and 2020 — this is a massive contraction with very serious social consequences," External link

bulawayo24 Saturday, May 2, 2020 7:13:00 PM EAT

Mthuli Ncube wrote : "The government is proposing to have a holistic effort, which is well coordinated and monitored by the IMF, WBG and AfDB to ensure consistency in the financial support, near-term macro-economic stabilisation and long-term sustainable private sector-led growth, and allow us to build a rack record towards macro-stabilisation and potential debt relief" External link

bulawayo24 Saturday, May 2, 2020 9:58:00 AM EAT

Mthuli Ncube admitted : “responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country’s economic woes were set to deepen, hence the desperate need for rescue,” External link

newsday Friday, May 1, 2020 2:19:00 PM EAT

Mthuli Ncube admitted : "responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country's economic woes were set to deepen, hence the desperate need for rescue," External link

onlinenigeria Friday, May 1, 2020 1:35:00 PM EAT

Mthuli Ncube admitted : "responsibility for the recent policy missteps during late 2019, which have led to inflation currently running at an annual rate of over 500% and with the COVID-19 crisis, the country's economic woes were set to deepen, hence the desperate need for rescue," External link

bulawayo24 Friday, May 1, 2020 11:08:00 AM EAT

Mthuli Ncube said : "Zimbabwe's economy could contract by 15-20 percent during 2020 with very serious consequences. Already 8.5 million Zimbabweans (half the population) are food insecure," External link

bulawayo24 Friday, May 1, 2020 10:12:00 AM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

BBCMonitoring Tuesday, April 28, 2020 2:05:00 PM EAT

Mthuli Ncube said : "We already have another cash transfer of $180 a month to cover the roller meal subsidy because if you can't find roller meal, the option is that you then get cash in lieu of roller meal, especially those who are in urban areas because in the rural areas we are already giving out free food and this is part of our support for the vulnerable," External link

allafrica Tuesday, April 28, 2020 1:28:00 PM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

bulawayo24 Tuesday, April 28, 2020 12:22:00 PM EAT

Mthuli Ncube said : "We already have another cash transfer of $180 a month to cover the roller meal subsidy because if you can't find roller meal, the option is that you then get cash in lieu of roller meal, especially those who are in urban areas because in the rural areas we are already giving out free food and this is part of our support for the vulnerable," External link

bulawayo24 Tuesday, April 28, 2020 2:19:00 AM EAT

Mthuli Ncube said : “I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production,” “I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it’s also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products,” External link

newsday Monday, April 27, 2020 9:05:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

newsday Monday, April 27, 2020 9:05:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

thezimbabwemail Monday, April 27, 2020 12:34:00 PM EAT

Mthuli Ncube said : “The idea of the meetings with business is to reach a consensus on prices,” “This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable” External link

newsday Monday, April 27, 2020 11:26:00 AM EAT

Mthuli Ncube said : "I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production," "I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it's also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products," External link

onlinenigeria Monday, April 27, 2020 8:02:00 AM EAT

Mthuli Ncube said : "I am pleased with what I have seen here and that knowledge research that is being tested can be used in goods and services. I am pleased that you have stepped up to the plate when it comes to the fight against COVID-19 and evidence is here for everyone to see, that is the sanitiser production," "I am also happy with how you have tried to integrate community innovation in the way you approach innovation, that innovation which is not from within the university, but it's also happening out there and then you bring these individuals here from the community who are innovative to improve the quality of their designs and products," External link

bulawayo24 Monday, April 27, 2020 6:54:00 AM EAT

Mthuli Ncube said : "The idea of the meetings with business is to reach a consensus on prices," "This is moral suasion. We want to reach consensus with business on prices so that we have a moratorium on prices because clearly as part of sustaining livelihoods, we want prices that are stable" External link

bulawayo24 Monday, April 27, 2020 6:54:00 AM EAT

Mthuli Ncube said : "It is very clear that we need more capacity in terms of the PCR machines that they have here so that Mpilo can be more effective in processing the tests that come here," External link

bulawayo24 Sunday, April 26, 2020 2:42:00 PM EAT

Mthuli Ncube said ( about Jack Ma ) : "We are also grateful to our international cooperating partners who have contributed to this to support Government fight Covid-19 pandemic. Added up so far and I am just talking about money in dollars and cents, we are in the region of over US$70 million for now and that is excluding donations in kind from all over and that is including UAE, Jack Ma Foundation, China and from other countries around the world and we have also received support from local Zimbabweans who have donated cash. I just looked at the balance from the crises response fund and the balance is growing every day," "Locally we have companies that are donating PPE equipment and other things. All that is valuable and at the end of the day we will value it all and share with the nation how much we received. So, we have a full accounting system to be applied to show how these resources would have been used" External link

bulawayo24 Saturday, April 25, 2020 10:21:00 AM EAT

Mthuli Ncube said : "We expect a drop in revenue collection due to Covid-19. We collect taxes from people, from citizens, companies and others and imports and we actually expect a drop but that's expected. We would also expect a slightly bigger deficit this year. Last year we archived a small surplus of $437 million which is good for the whole year. It was not an easy year but we still managed to balance the books and against this year we would like to balance the books but we are aware of the pressure that the Covid 19 has put pressure on revenues," "It not just lost revenue but we also have expenditure of course. We are going to start paying one million citizens $200 per person per month and we are going to expand that because we are aware that there are 3,5 million citizens in need of assistance in urban and rural areas and that costs money and so we are working on a bigger recovery stimulus package post-Covid-19 or post-lockdown to support our industry to make sure that people don't lose jobs. That costs money. So, we have two situations were on one hand the revenue has dropped slightly and on the other hand there is the demand to support people which has increased. So, we expect a bigger deficit than expected. But it's for a good cause because every country is trying to do the same to respond in a similar way" External link

bulawayo24 Saturday, April 25, 2020 10:21:00 AM EAT

Mthuli Ncube said : “We have a national venture fund to finance start-up projects or venture activities. I have seen the projects here which I the fund can finance…,” External link

zbc Tuesday, April 21, 2020 1:40:00 PM EAT

Mthuli Ncube précisé : “A ce jour, 780 anciens fermiers ont accepté le programme de dédommagements, et 500 ont déjà été payés” External link

AfricaNews-French Friday, November 15, 2019 10:17:00 AM EAT

Mthuli Ncube précisé : "A ce jour, 780 anciens fermiers ont accepté le programme de dédommagements, et 500 ont déjà été payés" External link

afp-fr Thursday, November 14, 2019 11:09:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
banker4.17%EN01/18/201718/01/2017
professor16.67%EN07/27/201627/07/2016
oxford university professor4.17%EN07/27/201627/07/2016
speaker2.08%EN07/06/201606/07/2016
economist58.33%EN06/29/201629/06/2016
vice-président de la bad6.25%FR11/04/201304/11/2013
chef de la banque africaine de développement6.25%FR09/30/201330/09/2013
chef2.08%FR12/06/201206/12/2012
Names Lang Count
Mthuli NcubeEN69.05%
Mthuli NcubeFR30.95%


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Thursday, August 13, 2020

12:17:00 PM EAT


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Tapiwa Mashakada added ( about Mthuli Ncube ) : "I call upon Ncube and the entire Cabinet to stop inflicting pain and suffering on the poor people. I call upon Ncube to stop lying to the President and Cabinet that there has to be pain first and gain later. There is no such thing. The sooner ED realises he is being sold a dummy by his Finance minister, the better. History is full of stories of removal of governments caused by economic stabilisation programmes such as the TSP. " External link

bulawayo24 Tuesday, August 4, 2020 10:48:00 AM EAT

Tapiwa Mashakada said ( about Mthuli Ncube ) : "There is a book that is loved by first-year students of economics, which is aptly titled, How to Lie With Statistics. I am sure Prof Ncube frequently reads this amazing book. Yet economic management is not about metrics alone, indeed it is about the impact," External link

bulawayo24 Tuesday, August 4, 2020 10:48:00 AM EAT

Eddie Cross said ( about Mthuli Ncube ) : “Then there is the issue of the informal sector — now over 70% of our GDP. This is both a problem (how do we collect taxes) and an opportunity. It means that our real economy is three times the size of the formal sector. No company can survive in this country without a strategy for the informal economy,” “I was asked in 2019 by the Minister of Finance (Mthuli Ncube) to help a struggling manufacturer in Harare with understanding the economic and policy environment and showing them how to manage both. I met with the chairman, chief executive officer (CEO) and several other executives and explained the situation with regard to foreign exchange, pricing and managing opportunity,” External link

newsday Wednesday, July 29, 2020 3:59:00 PM EAT

Tshinga Dube said ( about Mthuli Ncube ) : "Professor Ncube, as I have already said has been to all these top financial institutions in the world but he cannot change what was derailed in 40 years in two years," "So because sometimes we can take a horse to water but you can't make it to drink. So I am not sure now when his high academic qualifications are going to take-off in our country. But I will say that of course if something has been undone for 40 years, it is not very easy to undo it in about three years. There must be something that we must look into very seriously" External link

bulawayo24 Tuesday, July 28, 2020 9:01:00 PM EAT

Edwin Mushoriwa added ( about Mthuli Ncube ) : “Honourable Ncube is disregarding this Parliament and is disrespectful to the chair of the Speaker. Measures need to be taken to curtail the behaviour of the minister” External link

newsday Thursday, July 16, 2020 2:27:00 AM EAT

Tendai Biti said ( about Mthuli Ncube ) : “We urgently need a political solution in this country because if we do not do that, as (Finance minister) Mthuli Ncube admits in his letter to the International Monetary Fund (IMF), there is going to be an implosion,” External link

dailynews-co-zw Sunday, June 14, 2020 2:18:00 PM EAT

Gorden Moyo said ( about Mthuli Ncube ) : "I was just wondering that the minister (Mthuli Ncube) wrote a letter to the international financial institutions in the West. Why not also write the same letter to China because our government has always been saying China is an all-weather friend and a friend indeed?" External link

bulawayo24 Friday, May 29, 2020 11:09:00 AM EAT

Nelson Chamisa argued ( about Mthuli Ncube ) : “Asking citizens to pay US$65 for compulsory Covid-19 testing is surely criminal, whether in quarantine or seeking treatment at health facilities. Mr Mthuli, where is your surplus? ED, why buy ‘buses’ instead of COVID-19 testing kits? Why put so many in kombi business out of jobs?We mustn’t be so heartless and cruel,” External link

zimeye Wednesday, May 27, 2020 4:16:00 AM EAT

Monica Mutsvangwa said ( about Mthuli Ncube ) : “The Minister of Finance and Economic Development (Professor Mthuli Ncube) reported that revenue collections for the first quarter of 2020 amounted to $14,18 billion, exceeding the targeted revenue of $12,81 billion by 10,67 percent,” “That $4,75 billion was spent on employment costs as at 31 March, 2020, against the target of $3,96 billion and that social spending amounted to $1, 25 billion against a target of $1,6 billion” External link

zimeye Monday, May 25, 2020 6:02:00 AM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : “Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do,” External link

thezimbabwemail Saturday, May 2, 2020 8:30:00 PM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : "Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do," External link

onlinenigeria Saturday, May 2, 2020 8:13:00 PM EAT

Eldred Masunungure said ( about Mthuli Ncube ) : "Mthuli is also not in the politburo and thus lacks the political muscle. He is too junior in Zanu-PF to drive through what he wants to do," External link

bulawayo24 Saturday, May 2, 2020 7:13:00 PM EAT