Mthuli Ncube

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...

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...

Last July Finance Minister Mthuli Ncube allocated US$2...

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

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...

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

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...

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...