Christopher Mugaga

Last updated on 2015-03-16T13:13+0300.

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Christopher Mugaga said : “It is about confidence and money supply,” “There is no confidence in the market. Even if the central bank were to stop printing money today, the local currency will still lose value because confidence has evaporated. It is not about personalities, it is about confidence” External link

theindependent Friday, May 29, 2020 12:40:00 PM EAT

Christopher Mugaga said : "It is about confidence and money supply," "There is no confidence in the market. Even if the central bank were to stop printing money today, the local currency will still lose value because confidence has evaporated. It is not about personalities, it is about confidence" External link

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

Christopher Mugaga said : "There will be much negative impact to the economy at macro level given that the borders remain closed and Zimbabwe's industry is highly dependent on imports to operate," External link

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

Christopher Mugaga said : “Using a prescriptive model to channel forex is a major challenge, especially in the post-Covid-19 era” “The circular by the RBZ is much ado about nothing. It is nothing new. It is a reminder of the failed priority list it had. They should spend more time and energy on supply side management rather than the demand model management. You cannot be spending time deciding what to do with other people’s money” External link

theindependent Sunday, May 3, 2020 2:19:00 PM EAT

Christopher Mugaga pointed out : “If you see right now more than 60% of fuel is sold through the black market. You won’t find it on pumps but in drums at backyards. That should confirm to you that the official price is already wrong,” “Everywhere in the world, fuel is not easily accessible to the ordinary guy. That’s what our government must learn to stop. Subsidies are an unnecessary tax to exporters” External link

theindependent Sunday, April 26, 2020 4:08:00 AM EAT

Christopher Mugaga said : “The subsidy on fuel was too heavy, I think given the fiscus exposure to Covid-19 expenses, it was reasonable to lift the burden on government through striking off that necessary subsidy,” “The importance of fuel has been reduced at this hour due to many factors, which includes end of load shedding, factories and public transport significantly reduced which therefore means its demand has become so elastic and its increase can be avoided by both factories and households” External link

theindependent Sunday, April 26, 2020 4:08:00 AM EAT

Christopher Mugaga pointed out : “If you see right now more than 60% of fuel is sold through the black market. You won’t find it on pumps but in drums at backyards. That should confirm to you that the official price is already wrong,” “Everywhere in the world, fuel is not easily accessible to the ordinary guy. That’s what our government must learn to stop. Subsidies are an unnecessary tax to exporters” External link

zimeye Friday, April 24, 2020 6:20:00 PM EAT

Christopher Mugaga said : “The subsidy on fuel was too heavy, I think given the fiscus exposure to Covid-19 expenses, it was reasonable to lift the burden on government through striking off that necessary subsidy,” “The importance of fuel has been reduced at this hour due to many factors, which includes end of load shedding, factories and public transport significantly reduced which therefore means its demand has become so elastic and its increase can be avoided by both factories and households” External link

zimeye Friday, April 24, 2020 6:20:00 PM EAT

Christopher Mugaga added : “I think you know naturally there are people who want to take advantage of a challenge, but we will continue monitoring to ensure that we do not have those who abuse the privilege,” External link

herald Saturday, April 4, 2020 6:42:00 AM EAT

Christopher Mugaga said : "What I can tell you is that they were brave to forecast that year-on-year inflation will end the year at 50% but they won't be able to tamper with the figures that will come out because with the tumbling of the local currency, it will be bloodbath as the rates are going up," "So I don't think they will under-report the figures. If they massage the official figures, that will not tone down the inflation itself" External link

bulawayo24 Sunday, March 8, 2020 12:23:00 PM EAT

Christopher Mugaga said : "Funding for the private sector has been compromised. Lending has been biased to government than private sector through issuance of Treasury bills. But all the same private sector does not have (the) appetitive for local loans because they are short term," External link

bulawayo24 Wednesday, March 4, 2020 11:39:00 AM EAT

Christopher Mugaga said : “Funding for the private sector has been compromised. Lending has been biased to government than private sector through issuance of Treasury bills. But all the same private sector does not have (the) appetitive for local loans because they are short term,” External link

newsday Tuesday, March 3, 2020 8:30:00 PM EAT

Christopher Mugaga said : “Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously’ … or how they see the light of day without Parliament having agreed to it,” External link

zimeye Tuesday, March 3, 2020 7:52:00 PM EAT

Christopher Mugaga said : "You raised the issue of 'when you meet HE' you are nice. I don't know, I am not sure. Maybe it's a case of an approach we use, but the truth of the matter is maybe- being a spokesperson for the chamber- there are a number of issues that are not in order. " External link

bulawayo24 Tuesday, March 3, 2020 10:56:00 AM EAT

Christopher Mugaga said : "Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously' & #8230 ; or how they see the light of day without Parliament having agreed to it," External link

bulawayo24 Tuesday, March 3, 2020 10:56:00 AM EAT

Christopher Mugaga said : “Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously’ … or how they see the light of day without Parliament having agreed to it,” External link

newsday Tuesday, March 3, 2020 8:54:00 AM EAT

Christopher Mugaga said : “The 19,2 percent increment is way below the monthly inflation figures. As business, we should be honest to each other and desist from the blame game because consultations or no consultations, the tariffs had to go up. We are always in touch with ZESA and ZERA and we know the prevailing situation in the energy sector,” External link

zimeye Friday, February 28, 2020 6:20:00 AM EAT

Christopher Mugaga said : “The 19,2 percent increment is way below the monthly inflation figures. As business, we should be honest to each other and desist from the blame game because consultations or no consultations, the tariffs had to go up. We are always in touch with ZESA and ZERA and we know the prevailing situation in the energy sector,” External link

herald Friday, February 28, 2020 1:50:00 AM EAT

Christopher Mugaga said ( about Gideon Gono ) : “This is Gono’s indirect way of saying we don’t need all these banks, it is obvious, indigenous banks will not survive. This is a dark day for indigenous banks,” “This 800 percent hike is unattainable for indigenous banks, those that are going to survive doomsday will have to cluster into mergers” External link

dailynews-co-zw Saturday, February 15, 2020 6:14:00 PM EAT

Christopher Mugaga said ( about Saviour Kasukuwere ) : “He slapped Kasukuwere right in the face as it is unattainable to indigenise foreign owned banks,” External link

dailynews-co-zw Saturday, February 15, 2020 6:14:00 PM EAT

Christopher Mugaga said : “To say government has not done anything will not be fair, considering several pro-people policies that have been introduced, especially subsidies. It will be tough, but there is always hope,” External link

insiderzim Sunday, December 15, 2019 10:30:00 PM EAT

Christopher Mugaga said : “The decline reflects how companies are struggling in this economic environment. This environment is not good for business. These companies reflect the country’s economy and they should be protected. We do not want them to be lagging behind as it is one of the big companies that drive the economy,” “Private consumption has gone down as people do not have money to spend on beer. For example beer has become a luxury in Zimbabwe. People now go for illegal low value products” External link

theindependent Monday, December 9, 2019 4:03:00 AM EAT

Christopher Mugaga said : “Our economic problems will still remain because we have a huge trade deficit that results in shortage of foreign currency. There is also a lack of investor confidence so these big problems will not go away just because we have new notes in circulation,” External link

zimeye Wednesday, November 13, 2019 9:27:00 AM EAT

Christopher Mugaga said : “Our economic problems will still remain because we have a huge trade deficit that results in shortage of foreign currency. There is also a lack of investor confidence so these big problems will not go away just because we have new notes in circulation,” External link

businessday Tuesday, November 12, 2019 10:25:00 PM EAT

Christopher Mugaga said : "The 40% decline reflects how companies are struggling in this economic environment and this environment is not good for business. Delta reflects the country's economy and it should be protected. We do not want it to be lagging behind as it is one of the big companies that drive the economy. Delta relies on its consumers and it should be protected," "Private consumption has gone down as people do not have money to spend on beer. Beer has become a luxury in Zimbabwe. People now go for illegal low value products" External link

bulawayo24 Thursday, November 7, 2019 9:26:00 AM EAT

Christopher Mugaga said : “The inaugural press statement by the MPC of our Central Bank is far from inspiring, they must climb down from singing for supper and issue well thought out press releases,” External link

thezimbabwemail Wednesday, October 30, 2019 7:33:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

zimeye Thursday, October 10, 2019 11:12:00 AM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

zimeye Thursday, October 10, 2019 11:12:00 AM EAT

Christopher Mugaga said : "AfCFTA is coming — around July, and we will be competing with countries that have infrastructure which is functional. As long as we do not sort out our infrastructure we will be disadvantaging ourselves," External link

bulawayo24 Thursday, October 10, 2019 10:31:00 AM EAT

Christopher Mugaga said : “AfCFTA is coming — around July, and we will be competing with countries that have infrastructure which is functional. As long as we do not sort out our infrastructure we will be disadvantaging ourselves,” External link

newsday Thursday, October 10, 2019 8:11:00 AM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

zimeye Tuesday, October 8, 2019 11:09:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

zimeye Tuesday, October 8, 2019 11:09:00 PM EAT

Christopher Mugaga said : "Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures," External link

bulawayo24 Tuesday, October 8, 2019 8:28:00 PM EAT

Christopher Mugaga said : "Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it," External link

bulawayo24 Tuesday, October 8, 2019 8:28:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

thezimbabwemail Tuesday, October 8, 2019 7:02:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

thezimbabwemail Tuesday, October 8, 2019 7:02:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

newsday Tuesday, October 8, 2019 12:39:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

newsday Tuesday, October 8, 2019 12:39:00 PM EAT

Christopher Mugaga said : “The minister is sitting on a fiscal cliff edge. He is dealing with a budget that has the capacity to raise uncertainty profile. He should handle it with caution. He must not prevaricate or dilly dally. He must face the challenge head-on. We are waiting to see if he is going to announce a US dollar or RTGS (real time gross settlement) balance budget. It’s a tough choice for him to make,” External link

newsday Thursday, October 3, 2019 8:45:00 PM EAT

Christopher Mugaga said : “The power tariff increase is long overdue because the pricing of electricity should be at par with obtaining inflation rates,” External link

herald Thursday, October 3, 2019 3:55:00 AM EAT

Christopher Mugaga said : "The value addition, coupled with increased intra-African trade and a continent speaking with one voice, will no doubt see Africa scaling to dizzy heights in terms of sustainable development," External link

angop Wednesday, October 2, 2019 11:40:00 PM EAT

Christopher Mugaga said : "The value addition, coupled with increased intra-African trade and a continent speaking with one voice, will no doubt see Africa scaling to dizzy heights in terms of sustainable development," External link

xinhuanet_en Wednesday, October 2, 2019 4:24:00 PM EAT

Christopher Mugaga said : "We cannot afford to continue speaking with many voices as a continent. It weakens us on the negotiating table that is why we continue to emphasize the importance of us speaking with one voice," External link

xinhuanet_en Wednesday, October 2, 2019 4:24:00 PM EAT

Christopher Mugaga says : "the exchange rate movement is causing problems to everyone hence it is time for authorities to try and stabilize it as it is affecting both private and public sector" External link

bulawayo24 Tuesday, October 1, 2019 11:23:00 AM EAT

Christopher Mugaga says : “the exchange rate movement is causing problems to everyone hence it is time for authorities to try and stabilize it as it is affecting both private and public sector” External link

zbc Tuesday, October 1, 2019 10:14:00 AM EAT

Christopher Mugaga said : “There are many factors and outcomes from a rebate, which might not be part of the new regulations but would have been good for the company, like an improvement in the quality of product or of competition,” External link

zimeye Monday, August 12, 2019 9:23:00 AM EAT

Christopher Mugaga said : “In some cases, the rebate will help the company survive economic turbulences but according to the regulations it would have failed. There are many factors and outcomes from a rebate, which might not be part of the new regulations but would have been good for the company, like an improvement in the quality of product or of competition,” External link

herald Monday, August 12, 2019 2:18:00 AM EAT

Christopher Mugaga said : “So that’s a dishonest engagement with business because what it means is that our proposals were ignored, so there is mistrust. The result is that business will not have confidence in the new measures,” External link

thezimbabwemail Tuesday, June 25, 2019 5:38:00 PM EAT

Christopher Mugaga said : "The power outages to businesses and households has a very negative impact which probably confirms the negative growth predicted by the IMF and the World Bank," "The foremost impact is not on the cost but on the uncertainty that this creates," External link

bulawayo24 Friday, June 7, 2019 10:08:00 AM EAT

Christopher Mugaga said : "There is a very unusual lack of appetite for banking in this country. Banks have just become a conduit to withdraw cash, not for savings. No one goes to banks to save. What was happening was that people were withdrawing their RTGS balances to buy US dollars and keep at home. You can't measure bank balances as a way of poverty," "At this hour, it is misleading for one to judge this information. There is so much high unemployment, so the economy becomes a cash economy. Those who are informally employed do rely on cash more, as you know that at least 90% of the population is unemployed" External link

bulawayo24 Tuesday, February 26, 2019 10:16:00 AM EAT

Christopher Mugaga added : “When foreign products are crowded out, this increases economies of scale for local producers as well as opening downstream and upstream economic linkages across the production chain of which this is what Zimbabwe needs right now,” External link

zbc Monday, February 18, 2019 8:34:00 PM EAT

Christopher Mugaga said : "The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world," External link

onlinenigeria Monday, January 28, 2019 3:44:00 AM EAT

Christopher Mugaga said : "The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world," External link

bulawayo24 Sunday, January 27, 2019 10:56:00 PM EAT

Christopher Mugaga said : “The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world,” External link

thestandard-zw Sunday, January 27, 2019 7:13:00 AM EAT

Christopher Mugaga said : “The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy,” External link

ngrguardiannews Thursday, January 17, 2019 9:10:00 PM EAT

Christopher Mugaga said : “The results of the past three days are just a confirmation of a society which is so polarised,” External link

ngrguardiannews Thursday, January 17, 2019 9:10:00 PM EAT

Christopher Mugaga said : “The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy,” External link

guardian-ng Thursday, January 17, 2019 8:04:00 PM EAT

Christopher Mugaga said : “The results of the past three days are just a confirmation of a society which is so polarised,” External link

guardian-ng Thursday, January 17, 2019 8:04:00 PM EAT

Christopher Mugaga said : "The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy," External link

business-standard Thursday, January 17, 2019 7:19:00 PM EAT

Christopher Mugaga said : "The results of the past three days are just a confirmation of a society which is so polarised," External link

business-standard Thursday, January 17, 2019 7:19:00 PM EAT

Christopher Mugaga said : "The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy," External link

EastAfrican Thursday, January 17, 2019 6:12:00 PM EAT

Christopher Mugaga said : "The results of the past three days are just a confirmation of a society which is so polarised," External link

EastAfrican Thursday, January 17, 2019 6:12:00 PM EAT

Christopher Mugaga said : "We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours," External link

onlinenigeria Wednesday, January 16, 2019 4:18:00 AM EAT

Christopher Mugaga said : "We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours," External link

bulawayo24 Wednesday, January 16, 2019 12:48:00 AM EAT

Christopher Mugaga said : “We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours,” External link

thezimbabwemail Tuesday, January 15, 2019 4:57:00 PM EAT

Christopher Mugaga said : “In some cases, the rebate will help the company survive economic turbulences but according to the regulations it would have failed. There are many factors and outcomes from a rebate, which might not be part of the new regulations, but would have been good for the company, like an improvement in the quality of product or of competition,” External link

thezimbabwemail Friday, January 11, 2019 3:38:00 AM EAT

Christopher Mugaga warned ( about Constantino Chiwenga ) : "This idea of having the Vice President (Constantino Chiwenga) to deal with labour issues is not the best. There is need to tone down, politically, realising that when they talk to teachers, for example, they are also talking to an employee - say at the ministry of Finance - who may not necessarily be vocal but has silently chosen not to be effective in delivering his/her mandate and that is not good," External link

bulawayo24 Monday, January 7, 2019 12:47:00 PM EAT

Christopher Mugaga said : "Delta being a market leader as well as industry on its own due to the monopolistic nature of its being, the result is expedited re-dollarisation, which will have enterprise wide impact from the farm to the salary of an employee directly and indirectly employed by Delta," External link

bulawayo24 Thursday, January 3, 2019 1:12:00 PM EAT

Christopher Mugaga said : “Delta being a market leader as well as industry on its own due to the monopolistic nature of its being, the result is expedited re-dollarisation, which will have enterprise wide impact from the farm to the salary of an employee directly and indirectly employed by Delta,” External link

newsday Thursday, January 3, 2019 7:13:00 AM EAT

Christopher Mugaga said ( about Patrick Chinamasa ) : “Corruption should be rooted across the board regardless of who is committing it,” “Retain Chinamasa as the Minister of Finance as he had an impressive roadmap of re-engagement with Breton Woods and we need to ride on that progress,” External link

herald Tuesday, November 28, 2017 3:47:00 AM EAT

Christopher Mugaga said ( about Price ) : "Government should never interfere with the issue of pricing because once they try to control them, the situation could get worse. Price hikes and the black market are underlying factors of speculation and bigger problems facing the economy," "As such, I don't think Government should be focusing on prices, but should be trying to establish the factors which caused speculation and ultimately panic buying, shortages, price hikes and black market activity. The committee should look into issues of production and not prices" External link

bulawayo24 Sunday, October 8, 2017 6:58:00 AM EAT

Christopher Mugaga said : "No matter how we continue to incentivise exporters, they continue to be outweighed by those that are smuggling because after the introduction of the $300 million bond notes, we still see a lot of them in the informal economy, and even if you go to Messina, the bond note is trusted more than the rand," "For example, second-hand tyres are not allowed into the country, but the Zimbabwean market consumes 1,3 million tyres annually and out of that figure the consumption of second-hand tyres that are smuggled in is 50%" External link

onlinenigeria Wednesday, September 27, 2017 9:56:00 AM EAT

Christopher Mugaga said : "No matter how we continue to incentivise exporters, they continue to be outweighed by those that are smuggling because after the introduction of the $300 million bond notes, we still see a lot of them in the informal economy, and even if you go to Messina, the bond note is trusted more than the rand," "For example, second-hand tyres are not allowed into the country, but the Zimbabwean market consumes 1,3 million tyres annually and out of that figure the consumption of second-hand tyres that are smuggled in is 50%" External link

bulawayo24 Wednesday, September 27, 2017 9:31:00 AM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

onlinenigeria Saturday, January 7, 2017 5:54:00 AM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

bulawayo24 Friday, January 6, 2017 10:49:00 PM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

zbc Friday, January 6, 2017 1:42:00 PM EAT

Christopher Mugaga said ( about Patrick Chinamasa ) : "We expect a policy shift that is biased towards economic revival. So we expect that everything that they say must be inclined towards economic revival. We expect that they focus on how to enhance the 'Ease of Doing Business', attracting investment and to address the problems affecting our utilities. Absence of utilities such as electricity and water in 2017 could actually threaten the 1,7 percent growth that was projected by Finance Minister (Patrick) Chinamasa. We expect that they focus on the economy mostly than politics," External link

bulawayo24 Wednesday, December 14, 2016 8:32:00 AM EAT

Christopher Mugaga said : "Reading the riot act to them (companies) will not help, but worsen the situation. Instead, meaningful engagement with the taxman is needed. The environment here is harsh, but we still need to work together," External link

allafrica Saturday, October 29, 2016 2:18:00 PM EAT

Christopher Mugaga said : “especially in view of these new measures, smuggling is going to increase and this will translate to revenue loss for the Zimbabwe Revenue Authority (Zimra). So government needs to ensure that the points of entry are monitored,” External link

dailynews-co-zw Tuesday, August 23, 2016 1:08:00 PM EAT

Christopher Mugaga said : “especially in view of these new measures, smuggling is going to increase and this will translate to revenue loss for the Zimbabwe Revenue Authority (Zimra). So government needs to ensure that the points of entry are monitored,” External link

dailynews-co-zw Monday, August 22, 2016 7:03:00 PM EAT

Christopher Mugaga said : "The impact is damaging. I think you agree with me that petrol has been defining the whole cost side, so generally in terms of regional prices, Zimbabwean petrol prices are still very high but we cannot avoid that given the fiscal vulnerability of this economy," External link

allafrica Monday, July 25, 2016 12:28:00 AM EAT

Christopher Mugaga said : “The impact is damaging. I think you agree with me that petrol has been defining the whole cost side, so generally in terms of regional prices, Zimbabwean petrol prices are still very high but we cannot avoid that given the fiscal vulnerability of this economy,” External link

thestandard-zw Sunday, July 24, 2016 6:31:00 AM EAT

Christopher Mugaga said : “The issue of NRZ is a clear testimony that the economy needs urgent attention; retrenchment is going to be costly for government as there is no money for retrenchment packages,” External link

theindependent Thursday, July 14, 2016 10:03:00 PM EAT

Christopher Mugaga said : "The issue of NRZ is a clear testimony that the economy needs urgent attention; retrenchment is going to be costly for government as there is no money for retrenchment packages," External link

allafrica Friday, July 8, 2016 2:40:00 PM EAT

Christopher Mugaga said : “Secondly, government accounts are in shambles. The country has not heard about the investors set to fund this project and Harare has not seen new buildings in the last decade apart from Joina City and to build an entire city is just selling utopian dreams,” External link

dailynews-co-zw Wednesday, February 11, 2015 3:52:00 PM EAT

Christopher Mugaga said : "The government must find ways of harnessing these people's exposure to international markets and develop diaspora bonds that can help in reviving various sectors of the economy," External link

bulawayo24 Sunday, February 8, 2015 5:43:00 PM EAT

Christopher Mugaga said : “The government must find ways of harnessing these people’s exposure to international markets and develop diaspora bonds that can help in reviving various sectors of the economy,” External link

dailynews-co-zw Saturday, February 7, 2015 3:20:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
chief executive officer16.54%EN12/02/201702/12/2017
officer12.78%EN12/02/201702/12/2017
commerce chief executive officer10.53%EN12/02/201702/12/2017
ceo15.04%EN10/15/201715/10/2017
commerce ceo2.26%EN10/15/201715/10/2017
executive11.28%EN01/03/201703/01/2017
chief executive11.28%EN01/03/201703/01/2017
commerce chief executive3.01%EN08/22/201622/08/2016
economist15.04%EN07/29/201629/07/2016
independent economist2.26%EN03/11/201411/03/2014
Names Lang Count
Christopher MugagaEN100.00%


 
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Christopher Mugaga

Last updated on 2015-03-16T13:13+0300.

About this image

sign

Quotes... Extracted quotes from

Christopher Mugaga said : “It is about confidence and money supply,” “There is no confidence in the market. Even if the central bank were to stop printing money today, the local currency will still lose value because confidence has evaporated. It is not about personalities, it is about confidence” External link

theindependent Friday, May 29, 2020 12:40:00 PM EAT

Christopher Mugaga said : "It is about confidence and money supply," "There is no confidence in the market. Even if the central bank were to stop printing money today, the local currency will still lose value because confidence has evaporated. It is not about personalities, it is about confidence" External link

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

Christopher Mugaga said : "There will be much negative impact to the economy at macro level given that the borders remain closed and Zimbabwe's industry is highly dependent on imports to operate," External link

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

Christopher Mugaga said : “Using a prescriptive model to channel forex is a major challenge, especially in the post-Covid-19 era” “The circular by the RBZ is much ado about nothing. It is nothing new. It is a reminder of the failed priority list it had. They should spend more time and energy on supply side management rather than the demand model management. You cannot be spending time deciding what to do with other people’s money” External link

theindependent Sunday, May 3, 2020 2:19:00 PM EAT

Christopher Mugaga pointed out : “If you see right now more than 60% of fuel is sold through the black market. You won’t find it on pumps but in drums at backyards. That should confirm to you that the official price is already wrong,” “Everywhere in the world, fuel is not easily accessible to the ordinary guy. That’s what our government must learn to stop. Subsidies are an unnecessary tax to exporters” External link

theindependent Sunday, April 26, 2020 4:08:00 AM EAT

Christopher Mugaga said : “The subsidy on fuel was too heavy, I think given the fiscus exposure to Covid-19 expenses, it was reasonable to lift the burden on government through striking off that necessary subsidy,” “The importance of fuel has been reduced at this hour due to many factors, which includes end of load shedding, factories and public transport significantly reduced which therefore means its demand has become so elastic and its increase can be avoided by both factories and households” External link

theindependent Sunday, April 26, 2020 4:08:00 AM EAT

Christopher Mugaga pointed out : “If you see right now more than 60% of fuel is sold through the black market. You won’t find it on pumps but in drums at backyards. That should confirm to you that the official price is already wrong,” “Everywhere in the world, fuel is not easily accessible to the ordinary guy. That’s what our government must learn to stop. Subsidies are an unnecessary tax to exporters” External link

zimeye Friday, April 24, 2020 6:20:00 PM EAT

Christopher Mugaga said : “The subsidy on fuel was too heavy, I think given the fiscus exposure to Covid-19 expenses, it was reasonable to lift the burden on government through striking off that necessary subsidy,” “The importance of fuel has been reduced at this hour due to many factors, which includes end of load shedding, factories and public transport significantly reduced which therefore means its demand has become so elastic and its increase can be avoided by both factories and households” External link

zimeye Friday, April 24, 2020 6:20:00 PM EAT

Christopher Mugaga added : “I think you know naturally there are people who want to take advantage of a challenge, but we will continue monitoring to ensure that we do not have those who abuse the privilege,” External link

herald Saturday, April 4, 2020 6:42:00 AM EAT

Christopher Mugaga said : "What I can tell you is that they were brave to forecast that year-on-year inflation will end the year at 50% but they won't be able to tamper with the figures that will come out because with the tumbling of the local currency, it will be bloodbath as the rates are going up," "So I don't think they will under-report the figures. If they massage the official figures, that will not tone down the inflation itself" External link

bulawayo24 Sunday, March 8, 2020 12:23:00 PM EAT

Christopher Mugaga said : "Funding for the private sector has been compromised. Lending has been biased to government than private sector through issuance of Treasury bills. But all the same private sector does not have (the) appetitive for local loans because they are short term," External link

bulawayo24 Wednesday, March 4, 2020 11:39:00 AM EAT

Christopher Mugaga said : “Funding for the private sector has been compromised. Lending has been biased to government than private sector through issuance of Treasury bills. But all the same private sector does not have (the) appetitive for local loans because they are short term,” External link

newsday Tuesday, March 3, 2020 8:30:00 PM EAT

Christopher Mugaga said : “Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously’ … or how they see the light of day without Parliament having agreed to it,” External link

zimeye Tuesday, March 3, 2020 7:52:00 PM EAT

Christopher Mugaga said : "You raised the issue of 'when you meet HE' you are nice. I don't know, I am not sure. Maybe it's a case of an approach we use, but the truth of the matter is maybe- being a spokesperson for the chamber- there are a number of issues that are not in order. " External link

bulawayo24 Tuesday, March 3, 2020 10:56:00 AM EAT

Christopher Mugaga said : "Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously' & #8230 ; or how they see the light of day without Parliament having agreed to it," External link

bulawayo24 Tuesday, March 3, 2020 10:56:00 AM EAT

Christopher Mugaga said : “Last time we met parliamentarians, we spoke about how policies are being missed ‘Nicodemously’ … or how they see the light of day without Parliament having agreed to it,” External link

newsday Tuesday, March 3, 2020 8:54:00 AM EAT

Christopher Mugaga said : “The 19,2 percent increment is way below the monthly inflation figures. As business, we should be honest to each other and desist from the blame game because consultations or no consultations, the tariffs had to go up. We are always in touch with ZESA and ZERA and we know the prevailing situation in the energy sector,” External link

zimeye Friday, February 28, 2020 6:20:00 AM EAT

Christopher Mugaga said : “The 19,2 percent increment is way below the monthly inflation figures. As business, we should be honest to each other and desist from the blame game because consultations or no consultations, the tariffs had to go up. We are always in touch with ZESA and ZERA and we know the prevailing situation in the energy sector,” External link

herald Friday, February 28, 2020 1:50:00 AM EAT

Christopher Mugaga said ( about Gideon Gono ) : “This is Gono’s indirect way of saying we don’t need all these banks, it is obvious, indigenous banks will not survive. This is a dark day for indigenous banks,” “This 800 percent hike is unattainable for indigenous banks, those that are going to survive doomsday will have to cluster into mergers” External link

dailynews-co-zw Saturday, February 15, 2020 6:14:00 PM EAT

Christopher Mugaga said ( about Saviour Kasukuwere ) : “He slapped Kasukuwere right in the face as it is unattainable to indigenise foreign owned banks,” External link

dailynews-co-zw Saturday, February 15, 2020 6:14:00 PM EAT

Christopher Mugaga said : “To say government has not done anything will not be fair, considering several pro-people policies that have been introduced, especially subsidies. It will be tough, but there is always hope,” External link

insiderzim Sunday, December 15, 2019 10:30:00 PM EAT

Christopher Mugaga said : “The decline reflects how companies are struggling in this economic environment. This environment is not good for business. These companies reflect the country’s economy and they should be protected. We do not want them to be lagging behind as it is one of the big companies that drive the economy,” “Private consumption has gone down as people do not have money to spend on beer. For example beer has become a luxury in Zimbabwe. People now go for illegal low value products” External link

theindependent Monday, December 9, 2019 4:03:00 AM EAT

Christopher Mugaga said : “Our economic problems will still remain because we have a huge trade deficit that results in shortage of foreign currency. There is also a lack of investor confidence so these big problems will not go away just because we have new notes in circulation,” External link

zimeye Wednesday, November 13, 2019 9:27:00 AM EAT

Christopher Mugaga said : “Our economic problems will still remain because we have a huge trade deficit that results in shortage of foreign currency. There is also a lack of investor confidence so these big problems will not go away just because we have new notes in circulation,” External link

businessday Tuesday, November 12, 2019 10:25:00 PM EAT

Christopher Mugaga said : "The 40% decline reflects how companies are struggling in this economic environment and this environment is not good for business. Delta reflects the country's economy and it should be protected. We do not want it to be lagging behind as it is one of the big companies that drive the economy. Delta relies on its consumers and it should be protected," "Private consumption has gone down as people do not have money to spend on beer. Beer has become a luxury in Zimbabwe. People now go for illegal low value products" External link

bulawayo24 Thursday, November 7, 2019 9:26:00 AM EAT

Christopher Mugaga said : “The inaugural press statement by the MPC of our Central Bank is far from inspiring, they must climb down from singing for supper and issue well thought out press releases,” External link

thezimbabwemail Wednesday, October 30, 2019 7:33:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

zimeye Thursday, October 10, 2019 11:12:00 AM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

zimeye Thursday, October 10, 2019 11:12:00 AM EAT

Christopher Mugaga said : "AfCFTA is coming — around July, and we will be competing with countries that have infrastructure which is functional. As long as we do not sort out our infrastructure we will be disadvantaging ourselves," External link

bulawayo24 Thursday, October 10, 2019 10:31:00 AM EAT

Christopher Mugaga said : “AfCFTA is coming — around July, and we will be competing with countries that have infrastructure which is functional. As long as we do not sort out our infrastructure we will be disadvantaging ourselves,” External link

newsday Thursday, October 10, 2019 8:11:00 AM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

zimeye Tuesday, October 8, 2019 11:09:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

zimeye Tuesday, October 8, 2019 11:09:00 PM EAT

Christopher Mugaga said : "Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures," External link

bulawayo24 Tuesday, October 8, 2019 8:28:00 PM EAT

Christopher Mugaga said : "Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it," External link

bulawayo24 Tuesday, October 8, 2019 8:28:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

thezimbabwemail Tuesday, October 8, 2019 7:02:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

thezimbabwemail Tuesday, October 8, 2019 7:02:00 PM EAT

Christopher Mugaga said : “Command Agriculture should be a specialised activity funded by banks. It is non-performing loans and at the end government incurred an expenditure and so Command Agriculture must not be on the budget figures,” External link

newsday Tuesday, October 8, 2019 12:39:00 PM EAT

Christopher Mugaga said : “Running a budget surplus on the 2% transaction tax has always been high for us as business and we need to engage Zimra (Zimbabwe Revenue Authority) and the Finance ministry so that they either remove it or reduce it to 1% because of its cost to business. If I send money to my mother today, it is taxed and it is too much. The 2% (tax) is a major cost to business and you cannot celebrate a budget surplus driven by this when business is being lost through it and there is no cost benefit to it,” External link

newsday Tuesday, October 8, 2019 12:39:00 PM EAT

Christopher Mugaga said : “The minister is sitting on a fiscal cliff edge. He is dealing with a budget that has the capacity to raise uncertainty profile. He should handle it with caution. He must not prevaricate or dilly dally. He must face the challenge head-on. We are waiting to see if he is going to announce a US dollar or RTGS (real time gross settlement) balance budget. It’s a tough choice for him to make,” External link

newsday Thursday, October 3, 2019 8:45:00 PM EAT

Christopher Mugaga said : “The power tariff increase is long overdue because the pricing of electricity should be at par with obtaining inflation rates,” External link

herald Thursday, October 3, 2019 3:55:00 AM EAT

Christopher Mugaga said : "The value addition, coupled with increased intra-African trade and a continent speaking with one voice, will no doubt see Africa scaling to dizzy heights in terms of sustainable development," External link

angop Wednesday, October 2, 2019 11:40:00 PM EAT

Christopher Mugaga said : "The value addition, coupled with increased intra-African trade and a continent speaking with one voice, will no doubt see Africa scaling to dizzy heights in terms of sustainable development," External link

xinhuanet_en Wednesday, October 2, 2019 4:24:00 PM EAT

Christopher Mugaga said : "We cannot afford to continue speaking with many voices as a continent. It weakens us on the negotiating table that is why we continue to emphasize the importance of us speaking with one voice," External link

xinhuanet_en Wednesday, October 2, 2019 4:24:00 PM EAT

Christopher Mugaga says : "the exchange rate movement is causing problems to everyone hence it is time for authorities to try and stabilize it as it is affecting both private and public sector" External link

bulawayo24 Tuesday, October 1, 2019 11:23:00 AM EAT

Christopher Mugaga says : “the exchange rate movement is causing problems to everyone hence it is time for authorities to try and stabilize it as it is affecting both private and public sector” External link

zbc Tuesday, October 1, 2019 10:14:00 AM EAT

Christopher Mugaga said : “There are many factors and outcomes from a rebate, which might not be part of the new regulations but would have been good for the company, like an improvement in the quality of product or of competition,” External link

zimeye Monday, August 12, 2019 9:23:00 AM EAT

Christopher Mugaga said : “In some cases, the rebate will help the company survive economic turbulences but according to the regulations it would have failed. There are many factors and outcomes from a rebate, which might not be part of the new regulations but would have been good for the company, like an improvement in the quality of product or of competition,” External link

herald Monday, August 12, 2019 2:18:00 AM EAT

Christopher Mugaga said : “So that’s a dishonest engagement with business because what it means is that our proposals were ignored, so there is mistrust. The result is that business will not have confidence in the new measures,” External link

thezimbabwemail Tuesday, June 25, 2019 5:38:00 PM EAT

Christopher Mugaga said : "The power outages to businesses and households has a very negative impact which probably confirms the negative growth predicted by the IMF and the World Bank," "The foremost impact is not on the cost but on the uncertainty that this creates," External link

bulawayo24 Friday, June 7, 2019 10:08:00 AM EAT

Christopher Mugaga said : "There is a very unusual lack of appetite for banking in this country. Banks have just become a conduit to withdraw cash, not for savings. No one goes to banks to save. What was happening was that people were withdrawing their RTGS balances to buy US dollars and keep at home. You can't measure bank balances as a way of poverty," "At this hour, it is misleading for one to judge this information. There is so much high unemployment, so the economy becomes a cash economy. Those who are informally employed do rely on cash more, as you know that at least 90% of the population is unemployed" External link

bulawayo24 Tuesday, February 26, 2019 10:16:00 AM EAT

Christopher Mugaga added : “When foreign products are crowded out, this increases economies of scale for local producers as well as opening downstream and upstream economic linkages across the production chain of which this is what Zimbabwe needs right now,” External link

zbc Monday, February 18, 2019 8:34:00 PM EAT

Christopher Mugaga said : "The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world," External link

onlinenigeria Monday, January 28, 2019 3:44:00 AM EAT

Christopher Mugaga said : "The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world," External link

bulawayo24 Sunday, January 27, 2019 10:56:00 PM EAT

Christopher Mugaga said : “The governor must tell us on how he is going to mop up excess liquidity in banks. We are on the edge and the centre can no longer hold. There is also need for debt profiling, showing how much we owe to different countries in the world,” External link

thestandard-zw Sunday, January 27, 2019 7:13:00 AM EAT

Christopher Mugaga said : “The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy,” External link

ngrguardiannews Thursday, January 17, 2019 9:10:00 PM EAT

Christopher Mugaga said : “The results of the past three days are just a confirmation of a society which is so polarised,” External link

ngrguardiannews Thursday, January 17, 2019 9:10:00 PM EAT

Christopher Mugaga said : “The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy,” External link

guardian-ng Thursday, January 17, 2019 8:04:00 PM EAT

Christopher Mugaga said : “The results of the past three days are just a confirmation of a society which is so polarised,” External link

guardian-ng Thursday, January 17, 2019 8:04:00 PM EAT

Christopher Mugaga said : "The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy," External link

business-standard Thursday, January 17, 2019 7:19:00 PM EAT

Christopher Mugaga said : "The results of the past three days are just a confirmation of a society which is so polarised," External link

business-standard Thursday, January 17, 2019 7:19:00 PM EAT

Christopher Mugaga said : "The country is on its knees because there is no industry, there is no farming, tourist numbers are not impressive, mining is almost non-existent, so there is no economy," External link

EastAfrican Thursday, January 17, 2019 6:12:00 PM EAT

Christopher Mugaga said : "The results of the past three days are just a confirmation of a society which is so polarised," External link

EastAfrican Thursday, January 17, 2019 6:12:00 PM EAT

Christopher Mugaga said : "We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours," External link

onlinenigeria Wednesday, January 16, 2019 4:18:00 AM EAT

Christopher Mugaga said : "We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours," External link

bulawayo24 Wednesday, January 16, 2019 12:48:00 AM EAT

Christopher Mugaga said : “We have looked at it. We are talking of an average $5m per day in sales, especially in the retail sector. This also comes in a month we have lost a lot of productive hours in fuel queues. So January will be the lowest in terms of productive hours,” External link

thezimbabwemail Tuesday, January 15, 2019 4:57:00 PM EAT

Christopher Mugaga said : “In some cases, the rebate will help the company survive economic turbulences but according to the regulations it would have failed. There are many factors and outcomes from a rebate, which might not be part of the new regulations, but would have been good for the company, like an improvement in the quality of product or of competition,” External link

thezimbabwemail Friday, January 11, 2019 3:38:00 AM EAT

Christopher Mugaga warned ( about Constantino Chiwenga ) : "This idea of having the Vice President (Constantino Chiwenga) to deal with labour issues is not the best. There is need to tone down, politically, realising that when they talk to teachers, for example, they are also talking to an employee - say at the ministry of Finance - who may not necessarily be vocal but has silently chosen not to be effective in delivering his/her mandate and that is not good," External link

bulawayo24 Monday, January 7, 2019 12:47:00 PM EAT

Christopher Mugaga said : "Delta being a market leader as well as industry on its own due to the monopolistic nature of its being, the result is expedited re-dollarisation, which will have enterprise wide impact from the farm to the salary of an employee directly and indirectly employed by Delta," External link

bulawayo24 Thursday, January 3, 2019 1:12:00 PM EAT

Christopher Mugaga said : “Delta being a market leader as well as industry on its own due to the monopolistic nature of its being, the result is expedited re-dollarisation, which will have enterprise wide impact from the farm to the salary of an employee directly and indirectly employed by Delta,” External link

newsday Thursday, January 3, 2019 7:13:00 AM EAT

Christopher Mugaga said ( about Patrick Chinamasa ) : “Corruption should be rooted across the board regardless of who is committing it,” “Retain Chinamasa as the Minister of Finance as he had an impressive roadmap of re-engagement with Breton Woods and we need to ride on that progress,” External link

herald Tuesday, November 28, 2017 3:47:00 AM EAT

Christopher Mugaga said ( about Price ) : "Government should never interfere with the issue of pricing because once they try to control them, the situation could get worse. Price hikes and the black market are underlying factors of speculation and bigger problems facing the economy," "As such, I don't think Government should be focusing on prices, but should be trying to establish the factors which caused speculation and ultimately panic buying, shortages, price hikes and black market activity. The committee should look into issues of production and not prices" External link

bulawayo24 Sunday, October 8, 2017 6:58:00 AM EAT

Christopher Mugaga said : "No matter how we continue to incentivise exporters, they continue to be outweighed by those that are smuggling because after the introduction of the $300 million bond notes, we still see a lot of them in the informal economy, and even if you go to Messina, the bond note is trusted more than the rand," "For example, second-hand tyres are not allowed into the country, but the Zimbabwean market consumes 1,3 million tyres annually and out of that figure the consumption of second-hand tyres that are smuggled in is 50%" External link

onlinenigeria Wednesday, September 27, 2017 9:56:00 AM EAT

Christopher Mugaga said : "No matter how we continue to incentivise exporters, they continue to be outweighed by those that are smuggling because after the introduction of the $300 million bond notes, we still see a lot of them in the informal economy, and even if you go to Messina, the bond note is trusted more than the rand," "For example, second-hand tyres are not allowed into the country, but the Zimbabwean market consumes 1,3 million tyres annually and out of that figure the consumption of second-hand tyres that are smuggled in is 50%" External link

bulawayo24 Wednesday, September 27, 2017 9:31:00 AM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

onlinenigeria Saturday, January 7, 2017 5:54:00 AM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

bulawayo24 Friday, January 6, 2017 10:49:00 PM EAT

Christopher Mugaga said : "There is no doubt that the fluctuations in commodity prices on the international prices have had a negative impact on the domestic economy. The adoption of a minerals exchange will certainly ensure the country gets greater value from the commodities," External link

zbc Friday, January 6, 2017 1:42:00 PM EAT

Christopher Mugaga said ( about Patrick Chinamasa ) : "We expect a policy shift that is biased towards economic revival. So we expect that everything that they say must be inclined towards economic revival. We expect that they focus on how to enhance the 'Ease of Doing Business', attracting investment and to address the problems affecting our utilities. Absence of utilities such as electricity and water in 2017 could actually threaten the 1,7 percent growth that was projected by Finance Minister (Patrick) Chinamasa. We expect that they focus on the economy mostly than politics," External link

bulawayo24 Wednesday, December 14, 2016 8:32:00 AM EAT

Christopher Mugaga said : "Reading the riot act to them (companies) will not help, but worsen the situation. Instead, meaningful engagement with the taxman is needed. The environment here is harsh, but we still need to work together," External link

allafrica Saturday, October 29, 2016 2:18:00 PM EAT

Christopher Mugaga said : “especially in view of these new measures, smuggling is going to increase and this will translate to revenue loss for the Zimbabwe Revenue Authority (Zimra). So government needs to ensure that the points of entry are monitored,” External link

dailynews-co-zw Tuesday, August 23, 2016 1:08:00 PM EAT

Christopher Mugaga said : “especially in view of these new measures, smuggling is going to increase and this will translate to revenue loss for the Zimbabwe Revenue Authority (Zimra). So government needs to ensure that the points of entry are monitored,” External link

dailynews-co-zw Monday, August 22, 2016 7:03:00 PM EAT

Christopher Mugaga said : "The impact is damaging. I think you agree with me that petrol has been defining the whole cost side, so generally in terms of regional prices, Zimbabwean petrol prices are still very high but we cannot avoid that given the fiscal vulnerability of this economy," External link

allafrica Monday, July 25, 2016 12:28:00 AM EAT

Christopher Mugaga said : “The impact is damaging. I think you agree with me that petrol has been defining the whole cost side, so generally in terms of regional prices, Zimbabwean petrol prices are still very high but we cannot avoid that given the fiscal vulnerability of this economy,” External link

thestandard-zw Sunday, July 24, 2016 6:31:00 AM EAT

Christopher Mugaga said : “The issue of NRZ is a clear testimony that the economy needs urgent attention; retrenchment is going to be costly for government as there is no money for retrenchment packages,” External link

theindependent Thursday, July 14, 2016 10:03:00 PM EAT

Christopher Mugaga said : "The issue of NRZ is a clear testimony that the economy needs urgent attention; retrenchment is going to be costly for government as there is no money for retrenchment packages," External link

allafrica Friday, July 8, 2016 2:40:00 PM EAT

Christopher Mugaga said : “Secondly, government accounts are in shambles. The country has not heard about the investors set to fund this project and Harare has not seen new buildings in the last decade apart from Joina City and to build an entire city is just selling utopian dreams,” External link

dailynews-co-zw Wednesday, February 11, 2015 3:52:00 PM EAT

Christopher Mugaga said : "The government must find ways of harnessing these people's exposure to international markets and develop diaspora bonds that can help in reviving various sectors of the economy," External link

bulawayo24 Sunday, February 8, 2015 5:43:00 PM EAT

Christopher Mugaga said : “The government must find ways of harnessing these people’s exposure to international markets and develop diaspora bonds that can help in reviving various sectors of the economy,” External link

dailynews-co-zw Saturday, February 7, 2015 3:20:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
chief executive officer16.54%EN12/02/201702/12/2017
officer12.78%EN12/02/201702/12/2017
commerce chief executive officer10.53%EN12/02/201702/12/2017
ceo15.04%EN10/15/201715/10/2017
commerce ceo2.26%EN10/15/201715/10/2017
executive11.28%EN01/03/201703/01/2017
chief executive11.28%EN01/03/201703/01/2017
commerce chief executive3.01%EN08/22/201622/08/2016
economist15.04%EN07/29/201629/07/2016
independent economist2.26%EN03/11/201411/03/2014
Names Lang Count
Christopher MugagaEN100.00%


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