Finance Minister Patrick Chinamasa today said the government will next year regularise life style audits of all public office holders to ensure that their lifestyle is commensurate with their level of income. “Where it is palpably manifest that their asset base is inconsistent with their level of income, it must be incumbent upon that officer to give an account of their sources of income justifying their wealth,” Chinamasa said in his budget presentation.
Finance minister Patrick Chinamasa today presented the country’s 2018 budget which focused on cutting government spending.
Former Finance Minister Ignatius Chombo was today granted $5 000 bail while former Zimbabwe African National Union-Patriotic Front youth leader Kudzanai Chipanga got $500 bail.
Zimbabwe’s economy will grow by 3.7 percent this year, rising to 4.5 next year, Finance Minister Patrick Chinamasa said today as he presented the 2018 national budget with a $5.8 billion envelope.
Finance Minister Patrick Chinamasa today announced that the government is firing 3 739 youth officers and ward development coordinators and will save $1.6 million in wages per month, or $19.3 million a year.
Bindura Nickel Corporation’s net income grew 88 percent to $2.2 million from $1.2 million in the six months to September, driven by higher mineral prices and cost management initiatives.