Tag: Chinamasa

Chinamasa gives greenlight for salary cuts

Chinamasa gives greenlight for salary cuts

Finance minister Patrick Chinamasa says government and the private sector can cut salaries and wages to align their employment costs to the operating environment. Speaking at TelOne’s annual general meeting on Friday, Chinamasa commended the parastatal for aligning its costs to the prevailing economic environment. Last year, TelOne effected a […]

Indigenisation discord ruinous

Indigenisation discord ruinous

THE withdrawal of the indigenisation amendments this week, a fortnight after being gazetted by Finance minister Patrick Chinamasa, is the clearest sign yet of the confusion and discord within government. That the decision, a huge blow to investment, came after an ugly spat between Chinamasa and Indigenisation minister Patrick Zhuwao […]

Mugabe gives ultimatum over bonuses

Mugabe gives ultimatum over bonuses

PRESIDENT Robert Mugabe has reportedly given Finance minister Patrick Chinamasa and his Public Service counterpart, Prisca Mupfumira, until tomorrow to provide a date for the payment of civil servants’ 2015 bonuses. The civil servants were supposed to get their 13th cheque between last December and early this month, but up […]

Indigenisation rows unhelpful, Oz envoy

Indigenisation rows unhelpful, Oz envoy

AUSTRALIA’S Ambassador to Zimbabwe, Suzanne McCourt, says continued bickering in government over its Indigenisation policy is “discouraging” Canberra’s efforts to invest in the country. Government continues to be divided over the controversial policy, with conflicting statements coming from the ministers over implementation of the black empowerment programme. In December, Finance Minister […]