Browsing Tag Finance Minister Tendai Biti
Biti cuts public spending, increases taxes
By Our reporter at July 20, 2012 | 1:34 AM | 5 Comments
FINANCE minister Tendai Biti on Wednesday cut public spending and raised taxes in his mid-year fiscal review. He said the country had to “act and save ourselves [or] we do nothing and drown”. Announcing that the government had reduced its 2012 growth forecast from the 9.4 per cent predicted at the end of last year to 5.6 per cent, Biti said he had been forced to more...
Tsvangirai ‘fraud’ sucks in Biti, Makuvise
By Our reporter at February 23, 2012 | 12:06 AM | 3 Comments
FINANCE Minister, Mr Tendai Biti and Zimbabwe Ambassador to Germany, Mr Hebson Mukuvise have come under the spotlight as documents show them as involved in a US$1.5 million investigation involving Prime Minister Morgan Tsvangirai. The documents show that Minister Biti (left) held a number of meetings with Reserve Bank of Zimbabwe (RBZ) top officials and the Prime more...
Zanu-PF censures finance minister Biti
By Our reporter at December 12, 2011 | 10:30 AM | 1 Comments
ZANU-PF has censured Finance Minister Tendai Biti for not allocating enough resources to ministries led by the party, frustrating the implementation of the party's resolutions from conferences. The party resolved at its just-ended 12th Annual National People's Conference that something should be done to stop Minister Biti. The resolution was presented by Zanu-PF more...
Biti’s budget hits a snag
By Brett Mashingaidze at December 4, 2011 | 12:20 AM | 3 Comments
LEGISLATORS in Zimbabwe's Parliament have refused to rubberstamp Finance Minister Tendai Biti's budget and asked for "considerable" time to analyze it. Biti, who has presented skewed Budget statements before, thought this budget debate would be smooth-sailing like every other. Most of his budgets have made grand promises on paper, but failed to deliver in real terms more...
Biti sabotages WTO
By Professor Tshuma at November 26, 2011 | 6:11 AM | 1 Comments
FINANCE Minister Tendai Biti failed to recognize the importance of the World Tourism Organisation General Assembly which is to be co-hosted by Zimbabwe and Zambia in 2013 by failing to allocate funds for the refurbishment of Victoria Falls airport. In his 2012 budget presentation, Biti allocated US$10 million for Joshua Mqabukho Nkomo Airport and US$7, 5 million for more...
Viewpoints to Biti’s 2012 national budget
By Our reporter at November 26, 2011 | 5:57 AM | 0 Comment
ZIMBABWE's Finance Minister Tendai Biti on Thursday presented a 4-billion national budget statement. While some have described the statement as pro-poor and progressive, others say the fiscal statement was populist and predictable. The 2012 national budget statement projects a 9.4% economic growth next year. Confederation of Zimbabwe Industries President, Dr. more...
Farmers call for Biti’s resignation
By Our reporter at October 4, 2011 | 10:29 PM | 0 Comment
FARMERS have called on government to urgently investigate Finance Minister Tendai Biti whom they accuse of sabotaging the country by holding on to millions of dollars meant for farmers ahead of this summer cropping season. The farmers said it is high time Biti is brought to book. They lambasted the finance minister for allegedly holding on to millions of dollars more...
No new cars for MPs, says Biti
By Our reporter at September 30, 2011 | 2:02 AM | 0 Comment
FINANCE Minister Tendai Biti, yesterday said Members of Parliament will not get more cars but urged them to use their sitting allowances to buy their own amid reports that companies and individuals imported vehicles worth US$1 billion last year alone. "The US$1 billion has been from the private sector and I find it criminal. We will use the budget as a fiscal tool to more...
Jonathan Moyo on treason, leadership renewal
By Our reporter at September 18, 2011 | 3:53 AM | 2 Comments
WHILE the media hullabaloo over the so-called Wiki-Leaks saga has been useful in exposing the illiterate foreign -funded ranks of the so-called independent Press who have not explained to their audiences why they have suddenly abandoned their fib whose line two weeks ago was that the most important issue in Zimbabwe today is the Sadc electoral roadmap in favour of more...
Bennett, Biti say Tsvangirai is a “weak political operator”
By Our reporter at September 5, 2011 | 11:19 AM | 0 Comment
PRIME Minister Morgan Tsvangirai is a weak political operator who "does what the last person tells him to do," and lacks strategic direction for MDC-T, his party's senior officials; treasurer-general Roy Bennett and secretary-general Tendai Biti have said. Bennett said Mr Tsvangirai remembers the advice of the last person he would have spoken to while Biti, who blasted more...
