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Zimbabwe

Mthuli Ncube

Date of Birth: 30 November 1964
Place of Birth: Bulawayo


Displaying 21-30 out of 44 results.

Tagwirei's hold on gold

Brown and Finance Minister Mthuli Ncube have not explained how privately held assets bought using offshore capital suddenly belonged to the state...

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The state’s parallel economy

Despite the pandemic and global recession Finance Minister Mthuli Ncube is predicting a strong economic bounce-back next year – but he is silent about a phenomenal borrowing spree by the central bank the Reserve Bank of Zimbabwe (RBZ) which has seen its foreign debt nearly double within a year...

In October Finance Minister Mthuli Ncube said the loans are 'structured around commodities… supported by gold platinum and so on...


The limits on the economy

Rejecting the gathering gloom about the national economy Finance Minister Mthuli Ncube released a budget strategy paper on 16 October forecasting the economy would grow by 7...

The country is seeking 'guarantees from financiers even sovereign partners to improve the credit risk profile' of the bonds to boost the confidence of potential investors Finance Minister Mthuli Ncube told Bloomberg...


Zimbabwe government close to collapse as Ncube sends plea for cash

In an extended mea culpa on behalf of President Emmerson Mnangagwa's government Finance Minister Mthuli Ncube has written to the international financial institutions (IFIs) in Washington saying it takes 'responsibility for the recent policy missteps during late 2019' which have led to inflation currently running at an annual rate of over 500% year...

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Rule by rivalry

Finance Minister Mthuli Ncube triggered an uproar when he proposed a system to provide cheap groceries to soldiers while creating a fund from deductions of 2...


Power struggles and inflation

Last February Minister of Finance Mthuli Ncube unpegged the 1:1 exchange rate between the local 'bond' currency and the US dollar...


Cashing in on the crisis

Finance Minister Mthuli Ncube's budget statement on 14 November with micro-changes in value added tax and income tax thresholds had no direct effect on the economic free fall...

But it's widely believed in Harare that Mutumanje had been brought in by Finance Minister Mthuli Ncube to send a message to the elite that he couldn't control the crisis if businesspeople like Tagwirei had free rein with the economy...


Hungry for change

The second risk is that Sakunda's operations are undermining the onerous economic reform programme pushed by Finance Minister Mthuli Ncube...

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Cash at the generals' command

Finance Minister Mthuli Ncube may be instituting deep painful economic reforms to regain financial credibility abroad but he has no control over the cash machine by which the military and elements of the ruling Zimbabwe African National Union-Patriotic Front enrich themselves and oil the wheels of the state...


Displaying 21-30 out of 44 results.