ED Told To Fire Mthuli Ncube

Willias Madzimure an opposition MDC legislator for Kambuzuma on Thursday described Finance minister Mthuli Ncube as a complete failure.

Madzimure added that since Parliamentarians have exposed his failure, the executive should now decide whether he remains in Cabinet or not.

Speaking during a panel discussion convened by the National Association of NGOs (Nango) under the theme Public Finance Management: Can it be a Gateway to Sustainable Economic Development, Madzimure said:

In Parliament, MPs have been able to put Ncube where he belongs, but it is the duty of the Executive to decide whether he remains as Finance minister or not because his performance is dismal – but I cannot say that former Finance minister Patrick Chinamasa should come back because he is the one who actually killed all financial systems in Zimbabwe.

Ncube has been accused of overborrowing in breach of the Public Finance Management Act (PFMA) which stipulates that any new borrowing must not exceed 20% of the previous year’s revenues.

Ironically, Ncube who has been borrowing without approval from Parliament has been arguing that the country has registered a surplus since the introduction of austerity measures.

News Day reports that Ncube is due to present three Bills which the Parliament has to condone, one of which deals with the missing US$3 billion for Command Agriculture.

More: News Day

 

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4 comments on “ED Told To Fire Mthuli Ncube

  1. He is the principal architect of zimbabwe’s uncontrolled inflation and extreme suffering of workers and the whole nation cant plan: it’s now a community of paupers. Wake up MPS And do something about this experimental amateur

  2. All principal actors in this circus cabinet are well accomplished engineers of destruction resulting in mass murder of the Zimbabwean population.

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