Mthuli Ncube

  • Markets

    2022 National Budget presentation set for 25 November

    THE 2022 National Budget giving the revenue and expenditure plans for next year will be tabled in Parliament on November 25 and is expected to steer Government programmes under the National Development Strategy 1. Finance and Economic Development Minister Mthuli Ncube said in Harare last night during the annual Indian Technical and Economic Cooperation (ITEC) celebrations that following the 2022…

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  • Markets

    Mthuli Ncube seeks to raise US$200m in bond sale

    ZIMBABWE will seek to raise US$200 million in a debut domestic U.S. dollar bond sale on its stock exchange in Victoria Falls that trades exclusively in foreign currency, according to Finance Minister Mthuli Ncube.  “We may have it in small tranches, rather than a single big issuance,” Ncube said in an interview from New York, where he is on a…

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  • Business Briefs

    This is how Mthuli Ncube will spend the US$1bn IMF windfall

    FINANCE and Economic Development Minister Mthuli Ncube says Zimbabwe is today receiving close to US$1 billion, its allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), adding that the SDRs “is just the booster this economy needs”. IMF member countries started getting their shares of the new special issue SDRs totalling about US$650 billion yesterday, and the…

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