National Budget
The Government of Zimbabwe has announced progress in compensating former farm owners under the Global Compensation Deed (GCD) signed in 2020. In a recent statement released, the Government revealed that 740 farms have so far been approved for compensation, with US$3.1 million disbursed for the first batch of claims. Former farm owners are set to […]
Makokoba MP and Proportional Representation legislator Thokozani Khuphe has called on the Ministry of Finance, Economic Development, and Investment Promotion to speed the disbursement of government funds to ensure their timely utilization. Speaking at a recent parliamentary post-budget seminar, Khupe expressed concern over the delayed distribution of funds, which she said is hindering development and […]
The Parliament of Zimbabwe has issued an apology to President Emmerson Mnangagwa on the power cut that occurred on Thursday at the new Parliament building during the 2025 National Budget Presentation which was attended by his Excellency. The power outage took place during the closing remarks of Finance Minister Mthuli Ncube’s 2025 National Budget Presentation. […]
The Minister of Finance, Prof. Mthuli Ncube, has proposed introducing a 10% tax on gross winnings for sports betting punters. He announced this measure while presenting the 2025 National Budget at the Parliament of Zimbabwe in Mt. Hampden yesterday. The new tax aims to boost government revenue and regulate the burgeoning sports betting industry. The […]
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