Zimbabwe's deepening political crisis comes as Finance Minister Mthuli Ncube has agreed a shadow programme of fiscal reforms with the International Monetary Fund aiming for a debt restructuring deal and new foreign funding (AC Vol 60 No 11 Austerity first)...
Although Finance Minister Mthuli Ncube claims that these measures will stabilise the economy and curb inflation without the trust of citizens and businesses no currency will hold its value...
Agricultural subsidy reforms that reach to the heart of Zimbabwe African National Union – Patriotic Front's (ZANU-PF) patronage structure – which underpins the regime – have been negotiated between Finance Minister Mthuli Ncube and the International Monetary Fund and approved by the IMF this week...
READ FOR FREE
In February Finance Minister Mthuli Ncube reversed his 2018 pronouncement that money paid through electronic transactions (RTGS$) is 1:1 with the US dollar (AC Vol 60 No 4 Back to the future dollar & Vol 60 No 9 Currency scams block reforms and deepen crisis)...
The illegal trade in forex is undermining the economy in general as well as blocking Finance Minister Mthuli Ncube's tough reform programme...
Backed by France Japan and South Africa Finance Minister Mthuli Ncube is pushing a tough economic reform plan to pay off Zimbabwe's international arrears by the end of the year and bring in at least US$2 billion in new finance...
Finance Minister Mthuli Ncube appointed to organise Zimbabwe's re-entry into the international financial system after last year's elections wants to rationalise the array of currency systems...
READ FOR FREE
Finance Minister Mthuli Ncube's new theme is 'Austerity for Prosperity' and he is attempting to implement what he calls a 'Transitional Stabilisation Programme'...
The first sign that Mnangagwa's regime was targeting Tagwirei emerged late last month when a dismissed ZANU-PF member William Mutumanje (also known as Acie Lumumba) who had just been appointed by new Finance Minister Mthuli Ncube to chair a communications task force alleged that Tagwirei was a 'queen bee' fleecing the economy by dominating the fuel sector...
Debts balloon prices skyrocket Zimbabwe's new Minister of Finance the primarily apolitical Mthuli Ncube faces an enormous and contradictory challenge...
READ FOR FREE
Mnangagwa's most imaginative move was to appoint Mthuli Ncube as finance minister...