Tag: Mthuli Ncube

Finmin Ncube on who will fund Zim’s $3.5bn compensation to white farmers

Zimbabwe has agreed to pay $3.5 billion in compensation to white farmers who lost their land through invasions 20 years. The money will compensate for improvements made to the land by farmers. It is being seen as an olive branch from the government and a step away from the antagonistic days of the late president Robert Mugabe. Zimbabwe Finance Minister, Mthuli Ncube and veteran farmer Ben Freeth join CNBC Africa for more.

Op-Ed: World Bank opens its purse to Zimbabwe, but hands out pennies

The World Bank will grant Zimbabwe $7m to help fight the economic damage caused by the Covid-19 pandemic.

FinMin Mthuli Ncube on IMF in Zimbabwe to assess country’s struggling economy

This week the International Monetary Fund is in Zimbabwe to assess the country’s struggling economy. 2019 has not been kind to Zimbabwe, inflation is 166 per cent, according to the Economist and there have been shortages of goods and currency. Even Mthuli Ncube the finance minister admits his investment target of $8 billion pledged at the World Economic Forum in Davos in January fell short. He joins CNBC Africa for more.

World Economic Forum: Finmin Mthuli Ncube on the investment case for Zimbabwe

Finance Minister Mthuli Ncube outlines the investment case for Zimbabwe on the side-lines of the World Economic Forum on Africa in Cape Town.

Fin min Mthuli Ncube confident Zimbabwe has turned a corner, business needs to come to the table

In an economy faced with international uncertainty, Zimbabwe's minister of Finance delivered the half-year budget review statement yesterday.

Zimbabwe to repeal empowerment law, what you need to know

Zimbabwe will repeal its indigenisation and economic empowerment legislation dealing with ownership of foreign-controlled companies and replace it with a new empowerment law, Finance Minister Mthuli Ncube said on Thursday.

Zimbabwe battles to curb runaway inflation

Although Zimbabwean finance Minister Mthuli Ncube has taken on the task to turn around the Zimbabwean economy, the inflation rate is still on the rise. In June, inflation in Zimbabwe hit a high of 176 per cent .This was due to currency issues and the ongoing drought which threatened the countries food security. So is there hope for the crippling Zimbabwean economy? Nathan Hayes, Analyst at The Economist Intelligence Unit joins CNBC Africa for more.