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Old Mutual Zim issues vague statement addressing delisting allegations

There have been reports that Old Mutual Zimbabwe had been delisted from the ZSE because they were accused of being a big contributor in the economic turmoil we (Zimbabweans) find ourselves in at the moment. The reports started a few days ago, when Patrick Chinamasa speaking in his capacity as ZANU-PF spokesperson endorsed the decision […]

Full Text: Jonathan Moyo’s Allegations Against Strive Masiyiwa – This Is War

Former Minister, Professor Jonathan Moyo beef with Strive Masiyiwa is still on and the Professor has published a series of tweets containing disturbing allegations on the Econet’s Founder. What started as a mere exchange of opinions has turned into a war of words. 1/24 The self-righteous outburst by #StriveMasiyiwa, supported by his fellow bible-quoting juntapreneurs, in […]

Partial Privatization Of State Owned Firms Might Not Be A Bad Thing After All…

Whenever discussion turns to privatization government-owned firms such as NetOne the reaction in the public domain is not welcoming. When Government announced the reforms of parastatals back in April and announced that 12 government-owned parastatals will be getting partially privatised there was no excitement. In fact, most shared a common feeling that full privatisation will […]

Mr President Before You Give Tax Incentives To Foreign Investors For Job Creation, Have You Looked At Startups?

Today’s Herald carried a headline that said, ‘ED mulls tax incentives to lure investors.’ The Herald wrote: Tax holidays and incentives, the President said, will help attract more attract foreign investment into the country, which will go a long way in creating decent jobs for the populace and help the country to attain the Government’s […]

‘Zimbabwe Is Open For Business’ But Seems Closed Online

Since the political transition (affectionately being called ‘new dispensation’) that Zimbabweans witnessed late last year, the ‘Zimbabwe is Open for business’ slogan is being massively promoted. President Mnangagwa’s government has been making a series of policy reforms and introducing new provisions in current laws as it bids to undo past wrongs. As recent as last […]

Minister of Finance Patrick Chinamasa Speaks on Bitcoin, Calls It Utopian.

During the World Economic Forum in #Davos, the Minister of Finance and Economic Planning Patrick Chinamasa was asked if he’d buy Bitcoin at all. Well, his response was quite… interesting. Watch the video below by Business Weekly. If for some reason, you can’t, worry nay, I’ve quoted his response in this article as well. So, […]

Is The Government Planning To Lower Taxes Or Is Chinamasa Lying?

There is a lot you can criticize President Mnangagwa’s administration for. Inaction is not one of them. Let us evaluate the administration’s moves as they are presented to us and see whether they indeed can achieve what they are meant to achieve. The president has been saying he wants to make Zimbabwe attractive to investors. […]

Govt Says There Are No Plans To Phase Out Bond Notes Or To Scrap Multi-Currency System

You might have heard the reports (Sunday Mail) that the government was mulling phasing out our beloved bond notes. It was also reported that the multi-currency system will be scrapped soon. The Minister of Finance and Economic Planning, Patrick Chinamasa has released a statement addressing those matters. PRESS STATEMENT ON DE – DOLLARISATION We refer to […]

RBZ Govenor Mangudya Says There Is No Liquidity Crisis, We Have Enough Money In RTGS System. Haaya…

Dr John Mangudya always has a way of making me write articles even when I have planned not to. Yesterday he again declared that there is no cash crisis in Zimbabwe because there is a lot of money in the RTGS system. He is of course telling the truth and lying at the same time. […]

USA Tells Zimbabwe To Drop USD And Use Its Own Currency

“Zimbabwe used to be the bread basket of Africa” Boy, am I tired of that statement. I’m tired of us reminiscing on the good old days. At least now thankfully, I won’t have to continuously endure the “lest we forget” statement that always used to be thrown at us each time some kinda propaganda needed […]

Finally Chinamasa Speaks Truth On Causes of Cash Crisis And the Parallel Exchange Rate

One of the most epic responses to any question ever was by Patrick Chinamasa when he was asked earlier this year about the trading of the USD and other currencies on the streets. He said he did not know about any such activity because he was not there when it happened. Huh? In his recent 2018 […]

Tendai Biti is Wrong; Chinamasa’s Budget Is Much More Than Lipstick

Tendai Biti who was the Minister of Finance in the Inclusive Government of 2009-2013 and is a principal in the opposition MDC Alliance has come out strongly against the 2018 National Budget delivered to Parliament on Thursday the 7th of December 2018. Biti labels the budget a ‘lipstick measure.’ Whatever that means. His argument is […]

Zimbabwe 2018 National Budget Statement (PDF Download)

The 2018 National Budget Statement presented before Parliament today by the Finance and Economy Planning Minister Patrick Chinamasa. Here’s a PDF download below. 2018 National  Budget Statement Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: Airtime amount ($): EcoCash or OneMoney number: Buy Please dial our USSD code *405# on your phone to […]

Cabinet dissolved: Out with the Old, In with the New (we hope)…

I’m sure we’ve all been following the events that have been happening in Zimbabwe, how we now have a new president and all. With that, constitutionally it then means that the previous cabinet becomes nullified. The constitution states that the occupation of the presidential office by a new candidate renders all ministers’ offices vacant, meaning […]

Former ICT Minister says Ministry of Cyber Security uncalled for

Everyone knows by now that a new ministry was commissioned last month, the Ministry of Cyber Security, Threat Detection and Mitigation. The new ministry was established to deal with the significant threats posed by cyber criminals striving to effect regime change in the country. The government confirmed that the ministry’s focus will be on social […]

President Mugabe speaks on new social media monitoring ministry

The president of Zimbabwe, Robert Mugabe, spoke on why his government created a ministry to monitor social media. At an event where he opened a Community Information Center (essentially a place where residents of a community can access computers and the internet), the president said that the ministry was about defending the country against people […]

WhatsApp is savings lives in Argentina, could the same be done in Zimbabwe?

Zimbabweans do not an introduction to WhatsApp. If you have internet access to be reading this article, there is a very high chance you use the free messaging app. The application has grown in popularity around the world to a point where over 1 billion people use it. If you have internet access, the app […]

The Government confirms Cyber Security Ministry is focused on social media

The Presidential spokesperson Mr George Charamba spoke on behalf of the president in a bid to clarify what the role of the new Cyber Security, Threat Detection and Mitigation ministry was all about. Quite disappointing if you ask me. When the cabinet was reshuffled on Monday and we saw the new ministry and naturally people […]

Video: Chinamasa is now handling Cyber Security. But is he the right guy?

The recent cabinet reshuffle has seen Patrick Chinamasa as the Minister of Cyber Security, Threat Detection and Mitigation. But is he well equipped to be proficient in this field? Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: Airtime amount ($): EcoCash or OneMoney number: Buy Please dial our USSD code *405# on your […]

The Cyber Security minister Chinamasa has five Facebook accounts, all not his

Hon Patrick Antony Chinamasa, the outgoing Finance Minister was just reappointed as the new Minister of Cyber Security, Threat Detection and Mitigation. As he takes on this role in this newly created ministry the nation looks on, clueless as to what his role will be but hoping he will do that job well. As the […]

What is the role of Cyber Security Minister Chinamasa?

As you may know now there was a cabinet reshuffle yesterday and a new ministry popped up. The Ministry of Cyber Security, Threat Detection and Mitigation. The minister being outgoing Finance minister Patrick Antony Chinamasa. As this news broke, jokes were made that Chinamasa is now the WhatsApp group admin for Zimbabwe. Memes popped up […]

We Have a New Minister of Cyber Security in Zimbabwe: Big Brother is watching…

So actually the full title is Minister of Cyber Security, Threat Detection and Mitigation and he is non other than the outgoing Minister of Finance and Economic Development, Hon Patrick Chinamasa MP. This is an interesting one. President Robert Mugabe has mixed and matched his cabinet again today. As we expected there were not so […]

‘I’m not aware of ghost workers,’ says Finance minister Chinamasa

In an interview on Capitalk FM, in which the Finance and Economic Development minister, Patrick Chinamasa was grilled by Ruvheneko Parirenyatwa and several tidbits came out. We have covered some of what was said here on Techzim, where the minister called for trust and confidence for the economy to work. After discussing some carefully prepared […]

“The economy is all about trust and confidence.” Is that not too much to ask Hon Chinamasa?

Caution: Layman writing. Last week, Ruvheneko had an interview with the Hon Patrick Chinanamasa who is the Minister of Finance and Economic Development on Capitalk FM. I listened or rather watched it (because it was live streamed on Facebook – interesting, I know!) and picked out a few things but for this article, I will […]

Is Zimbabwe finacially beyond repair? Ruvheneko and Hon. Chinamasa talk about that

Capitalk 100.4FM, a local talk radio station, recently hosted Patrick Chinamasa, the Minister of Finance and Economic development. During the talk show, Ruvheneko Parirenyatwa, a Zimbabwean radio personality, interviewed the Minister in order to get some answers to the question is Zimbabwe financially beyond repair? The talk show which was aired on Capitalk 100.4FM was […]

Zim exports to Iran fall by 99.98%, 126 drums of bond coins to the tune of $3 Million, Study 263 allowing you to send money to South Africa as bitcoin, Ethiopian Airways accepting EcoCash and Telecash as payment

Zimbabwean exports to Iran fell from $4.8 million to $1000 in just a year, More bond coins coming our way to the sum of $3 million, Ethiopian Airlines through a platform called Flocash now allows you to pay for your plane ticket using EcoCash or Telecash Quick NetOne, Econet, And Telecel Airtime Recharge Number to […]

When confronted about the rampant ‘illegal’ cash sales in Zimbabwe, this is what the minister had to say…

So back in Uni whenever we’d get to the deadline of an assignment and realise that we haven’t actually completed (or even started) the assignment we had two options; we could either look confused or lazy. Confused was more like “I had no idea there was an assignment due” or “I had no idea what […]

Zimbabwe’s formal remittances for 2016 decline by 17% to US$780 million – Blame a weak Rand & informal routes

In the 2017 national budget statement for Zimbabwe which was shared recently by the Minister of Finance Patrick Chinamasa, it was announced that formal remittances for 2016 are projected to amount to US$780 million which is a 17% decline from the US$935 million recorded in 2015. This is the first decline in remittances growth recorded […]

Another burden for Zimbabwean telecoms as Government proposes a 5% health fund levy on all airtime and broadband

Zimbabwe’s Minister of Finance Patrick Chinamasa has just unveiled the country’s 2017 National Budget which has outlined some of the proposals for fiscal management in the coming year. One of the proposals presented in the address is the introduction of a 5% levy on all mobile phone airtime and mobile broadband. This is expected to go towards a […]

Here are three examples of how the Government’s reversal of Chinamasa’s policy will affect technology

Zimbabwe’s Minister of Finance, Patrick Chinamasa recently shared the 2016 Mid-Year Fiscal Policy Review Statement which outlined the State’s financial priorities. The statement included Chinamasa’s recommendations to limit government’s expenditure on salaries for the civil service which currently gobble up 97% of the national budget. This was supposed to be achieved through the suspension of bonuses and […]