Breaking News: ‘Military detained Zim’s finance minister’

Zimbabwe’s military said it had seized power in a targeted assault on “criminals” around President Robert Mugabe who were causing social and economic suffering, but gave assurances the 93-year-old leader and his family were “safe and sound”. Zimbabwean soldiers and armoured vehicles blocked roads to the main government offices, parliament and the courts in central […]
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Gigaba’s first test: Can he ace the mid-term budget?

Finance Minister Malusi Gigaba is in an unenviable position. In his maiden budget – today’s medium-term budget policy statement – he must confront, among other things, low economic growth, a tax revenue hole big enough to fly a plane through and the budgetary consequences of struggling state-owned enterprises. These issues are some of the chief […]
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