Browsing: Patrick Chinamasa

Zimbabwe is struggling to service its debts. Its Finance Minister, Patrick Chinamasa, says that the public has to be taxed more to help pay current and past debts. Critics however argue that tax hikes now, will kill off what little growth Zimbabwe has.

Zimbabwe is to relax its black ownership laws, as the country’s economy shows signs of slowing down. Finance Minister Patrick Chinamasa says the country’s indigenisation ministry is to submit plans to cabinet to tailor equity thresholds for each sector.