Mthuli admits Zim economy under negative growth but says better than rest

7 Sep 2020

FINANCE minister Mthuli Ncube has admitted the country’s economy was experiencing negative growth although insisting it was not the worst such battered economy in the world.

Addressing parliament last week, Ncube said the negative trajectory was not only unique to Zimbabwe but was now a world phenomenon caused by Covid-19.

Ncube was responding to contributions by MPs after a report on the mid-term budget and economic review statement to parliament by Budget and Finance Committee chairperson Felix Mhona. – newzimbabwe

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