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Academics Rubbish Mumbengegwi Budget

hawkins
Tony Hawkins
Finance Minister Samuel Mumbengegwi stunned the nation with a 2008 National Budget of $7, 840 quadrillion representing 18 106% of last year's consolidated budget. The budget deficit stood at $1 760 trillion, or 11% of GDP, with projected revenue at $6,080 quadrillion and projected expenditure $7,840 quadrillion.

Though the Minister refered to it as a People's Budget, it was it lacked in-depth explanations on how the budget would be financed nor what revenue streams were expected to come into play, apart from hiking taxes.

 

Last Updated on Saturday, 01 December 2007 13:23 Read more...
 

Zillion Dollar Budget Sign of Failure

bitiMDC secretary general, Tendai Biti, has rubbished Minister of Finance, Samuel Mumbengegwi’s budget statement as representing “economic fiction that reflects the disconnet, denial and the sense of abstraction of the Zanu PF regime”  which is still failing to grasp the full extent of the crisis Zimbabwe is in.

Last Updated on Saturday, 01 December 2007 13:28 Read more...
 

UK To Lobby For Tougher Sanctions

eumugabeThe UK will lobby the EU to maintain sanctions against 131 members of President Robert Mugabe’s ruling elite and extend sanctions to other individuals where necessary, according to a statement from Number 10 Downing Street.

The UK has already successfully lobbied her EU partners to send an EU envoy to report back on the situation on the ground in Zimbabwe and will continue to press the United Nations Security Council to review Zimbabwe more regularly.  
Last Updated on Saturday, 01 December 2007 06:43 Read more...
 

It's Corruption and Mismanagement

chidyausiku 

Is this just a photograph or does President Robert Mugabe and the UN System remember his Ambassador Extraordinary and Plenipotentiary Lt. Col Boniface Chidyausiku, who was then  Permanent Representative of Zimbabwe to the United Nations signing the UN Convention Against Corruption on 31 October 2003 in New York? 


 


Last Updated on Friday, 30 November 2007 14:54 Read more...
 

Zimbabwe Asylum: Mr Brown Please Intervene

asylumThe knowledge and understanding that the British Prime Minister’s office shows about the situation of people living in Zimbabwe makes a compelling case for the Prime Minister to intervene in the Home Office’s decision to deport failed asylum seekers from Zimbabwe.

Changezimbabwe has avoided up to this time to ask the Prime Minister to use his office in this matter because generally Zimbabweans believe in due process. But in this case it seems due process has failed us yet we believe the Prime Minister and the British public understand our case and have sympathy.

Last Updated on Saturday, 01 December 2007 06:46 Read more...
 

Zimbabwe Crisis: Mixed Messages

brownLatest reports from Harare say that President Robert Mugabe now says wants to talk to British Prime Minister, Gordon Brown, but the question is whether Mr Brown wants to talk to Mr Mugabe.

Talks between Mugabe’s negotiators and the opposition are now deadlocked over Mugabe’s refusal to allow a free campaigning period for the holding of free and fair elections, so he is.

The British Prime Minister meanwhile has made his position clear on several occasions that the only thing he wants to see is the back of Mugabe, but apparently the EU-Africa Summit is introducing a new dynamic.now abandoning those talks and turning to the British.  

Last Updated on Friday, 30 November 2007 14:51 Read more...
 


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jesu

Bhadharai Pano