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Ncube summoned to Parliament over 2009 pension losses

FINANCE, Economic Development and Investment Promotion minister Mthuli Ncube has been summoned to Parliament to explain the stalled compensation of pensioners and policyholders for losses incurred between 2008 and 2009 during the days of hyperinflation. Proportional Representation Senator Sesel Zvidzai, said the 2009 move to switch to the use of the United States dollar after…

Introduction of ZiG part of the de-dollarisation agenda- Fin Min

The introduction of the Zimbabwe Gold (ZiG) as the country’s new currency is a critical step in the government’s long term de-dollarisation agenda, Finance Minister Mthuli Ncube said today. In a ministerial statement in Parliament, Ncube said the ZiG, which was introduced on 5 April was aimed at bringing stability to the market. The local…

Perspectives: Anti-people taxes now in full swing

Prof Mthuli Ncube Cuts Toll Fees Increases

Finance Minister Mthuli Ncube has adjusted the proposal to hike toll fees that he announced in the 2024 national budget after legislators argued the proposed fees were exorbitant. In the 2024 national budget, Ncube proposed to hike toll fees for light motor vehicles from US$2 to US$5 and US$4 for premium roads and other roads,…

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