By Michael Gwarisa Minister of Finance and Investment Promotion, Professor Mthuli Ncube has defended his recent tax regime citing that it was one of the guaranteed means of boosting domestic financing for healthcare, especially HIV care. Professor Ncube recently announced a $58,2 trillion Budget for 2024 where he introduced new taxation on wealth and sugary beverages including alcohol starting January next year. He said the new levy on the sugar content of beverages was in response to growing concerns about the adverse effects of consumption of sugar, particularly in beverages.…
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Health Ministry gets 9 percent of Zim’s 2024 Budget
By Kuda Pembere Out of a Z$58.2 trillion budget for the year 2024, Finance Minister Professor Mthuli Ncube on Thursday alloted to the Health and Child Care Ministry Z$6.3 trillion. Representing a meagre 9.2 percent, this is about 6 percent shy of the Abuja declaration agreed 15 percent which Zimbabwe ratified. Last year the Health Ministry got 11 percent which the Community Working Group on Health (CWGH) decried as an uninspiring allotment. Announcing the 2024 Budget, Finance Minister Prof Ncube said Treasury only had Z$58.2 trillion in its purse against…
Read MoreHealth Ministry laments Treasury’s sluggish disbursements
An official in the Health and Child Care Ministry says late disbursements of the 2022 National Budget allocations are impeding their operations. By Kudakwashe Pembere The Health Ministry’s Acting Finance Director Ms Lynette Tennis revealed this to the Parliamentary Portfolio Committee on Health during a workshop for legislators monitoring special drawing rights (SDR) projects on Tuesday. She stated at the workshop facilitated by the Southern Africa Parliamentary Support Trust that they are getting meager funds from their share of the 2022 National Budget. “The releases have been too little to…
Read MoreFull Economy Opening Premised On Vaccination- Mthuli Ncube
THE Minister of Finance and Economic Development, Professor Mtuli Ncube has called on Zimbabweans to get vaccinated for the economy to fully open up. By Patricia Mashiri Speaking during a Zimbabwe’s COVID-19 vaccination program on Zimpapers Television Network, Prof Ncube said there was no reason for Zimbabweans to shun vaccination as government procured millions of vaccine doses towards that cause. Vaccination strategy in Zimbabwe is also an economic recovery strategy. We can only open up the economy safely if everyone is safe, if people will not infect each other. Therefore,…
Read MoreZimbabwe Receives 2 Million More Vaccine Dosses From China
A total 2 million more doses of the Sinovac vaccine have arrived from China. By Michael Gwarisa Speaking soon after arrival of vaccines, Finance and Economic Development Minister, Professor Mthuli Ncube said over 4 Million doses of vaccines have been received in the country every since the Vaccination program commenced in February this year. The latest batch signifies our commitment to order more vaccines for the benefit of the nation,” said Minister Ncube. The Deputy Minister of Health and Child Care Dr John Mangwiro said, ” We are aware about…
Read MoreHealth Sector Gets ZWL54.7 Billion In 2021 Budget
TREASURY has allocated an amount to the tune of ZWL54.7 Billion which is about 13% of the 2021 national budget to the Ministry of Health and Child Care (MoHCC). By Michael Gwarisa Presenting the 2021 National budget, Finance and Economic Development Minister, Professor Mthuli Ncube said despite the challenging economic environment, the government has over the last two years been providing significant resources to revive the health system in areas such as reproductive, maternal, new-born and adolescent health and nutrition services. The health crisis provides useful lessons for longer-term reforms…
Read More#EXCLUSIVE: Gvt Invades Global Fund Money
THE Global Fund next week dispatches a team to engage Finance Minister, Prof Mthuli Ncube over the 2 percent intermediated money transfer tax impacting its humanitarian funding efforts for the country, HealthTimes can exclusively reveal. By Kudakwashe Pembere Global Fund injects the largest chunk of money needed in the implementation of programs and medication of HIV, TB and Malaria and they pumped into Zimbabwe over US$1, 4 billion to date With Treasury collecting a total of $50 million in January 2019 through the two percent electronic transfer tax, the taxation…
Read MoreLuxury Vehicles Put On Hold…Gvt Allocates Funds Towards Cholera Fight
FINANCE and economic development minister, Professor Mthuli Ncube says government has put on hold most items including the purchase of luxury vehicles and allowances for cabinet ministers and legislators to direct finds towards fighting cholera which has now recorded 7000 cases. By Michael Gwarisa The developments comes at the back of a US$35 million funding gap from the required US$64 million to combat the cholera epidemic. Addressing Journalists in the capital this afternoon (19/09/18), Prof Ncube said government has poured in US$15 million towards the cholera fight as a commitment…
Read MoreConfusion Rocks Cholera Crowd Fund…Health Ministry Calls It A Fraudulent Scheme
THERE seem to be discord around the Cholera crowdfund initiative amidst indications that the ministry of health and child care (MoHCC) has professed ignorance over the existence of such an initiative, describing it as a fraudulent scheme. By Michael Gwarisa The ministry of health says they were not aware of any crowdfund and they were not running any at moment and whoever is claiming to have partnered with them is a fraudster. The developments come despite the fact that the crowd fund CBZ account and the Ecocash biller code being…
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