Connect with us

Hi, what are you looking for?

LOCAL NEWS

Ncube Admits Millions Spent on Unbudgeted Cars for Chiefs, Ministry Left in the Red

Zimbabwe to adopt international financial reporting standards

Finance Minister Mthuli Ncube has admitted that the government spent millions of dollars on unbudgeted twin-cab vehicles for chiefs earlier this year, causing significant financial strain on their parent ministry.

Ncube’s admission came during a parliamentary session on Wednesday, where Clemence Chiduwa, the chairperson of the Budget, Finance, and Economic Development Portfolio Committee, questioned him about unauthorized expenditures by various ministries.

Ncube defended the spending, explaining that the vehicles are necessary for chiefs to perform their duties and engage with their communities.

“The Council of Chiefs incurred excess expenditures, primarily due to the unplanned purchase of 237 vehicles for chiefs, as well as the revision of allowances and costs associated with national events,” Ncube stated, emphasizing that the vehicles were the main expense and are considered essential tools of trade.

ALSO READ : Zimbabwe’s Own Learnmore Jonasi Leaves America’s Got Talent in Stitches with Viral Semi-Final Performance

Advertisement. Scroll to continue reading.

With each 4×4 Isuzu twin-cab vehicle priced at around US$70,000, the total cost exceeded US$17 million.

The provision of these high-end vehicles raised concerns, with critics alleging that the chiefs were being rewarded for supporting the ruling party, Zanu PF, during past election campaigns.

Traditional leaders have played significant roles in Zanu PF’s election strategy, including influencing voters and controlling the distribution of food aid.

Despite criticism, Ncube maintained that the chiefs needed the vehicles to be mobile and effectively serve their constituents, although the expenditure exceeded the allocated budget. Treasury covered the cost using unallocated reserves.

The situation draws parallels to the 1997 incident when war veterans pressured then-President Robert Mugabe into granting unbudgeted financial benefits, which led to significant economic repercussions.

Advertisement. Scroll to continue reading.

Economists argue that such fiscal mismanagement has long-term detrimental effects on the country’s economy, as seen during Zimbabwe’s notorious Black Friday.

ALSO READ : WATCH : Undocumented Foreigners Escape During Commotion in SA

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Catch More Updates Below

LOCAL NEWS

Former ZANU PF national political commissar Saviour Kasukuwere says the party is set for implosion with many cadres openly opposing President Emmerson Dambudzo Mnangagwa’s...

LOCAL NEWS

Opposition leader Linda Masarira has urged Zimbabwe Football Association (ZIFA) councillors to support Temba Mliswa for the position of ZIFA president, asserting that he...

LOCAL NEWS

ZANU PF has responded to criticism from some opposition voices in the SADC region, accusing the party of interfering in the electoral processes of...

Football

Football icon Moses “Bambo” Chunga has addressed critics who questioned his decision to accept a car gift from businessman Wicknell Chivayo, who has been...

Sports News

Temba Mliswa, the former ZANU PF Mashonaland West chairman, has announced his candidacy for the Zimbabwe Football Association (ZIFA) presidency, aiming to bring transformative...

LOCAL NEWS

Zimbabwe’s foreign currency inflows increased by 17.9% in the first nine months of 2024, mainly driven by export earnings and remittances from the diaspora....

LOCAL NEWS

Finance and Economic Development Minister Mthuli Ncube announced on Thursday a set of new taxes designed to boost government revenue and address growing financial...

LOCAL NEWS

The Office of the President and Cabinet (OPC) has rejected a report from a local newspaper that alleged President Emmerson Mnangagwa is seeking to...

Advertisement