Age, Biography and Wiki

Herbert Murerwa was born on 31 July, 1941 in Zimbabwe. Discover Herbert Murerwa's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 82 years old?

Popular As N/A
Occupation N/A
Age 83 years old
Zodiac Sign Leo
Born 31 July 1941
Birthday 31 July
Birthplace N/A
Nationality Zimbabwe

We recommend you to check the complete list of Famous People born on 31 July. He is a member of famous with the age 83 years old group.

Herbert Murerwa Height, Weight & Measurements

At 83 years old, Herbert Murerwa height not available right now. We will update Herbert Murerwa's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Herbert Murerwa Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Herbert Murerwa worth at the age of 83 years old? Herbert Murerwa’s income source is mostly from being a successful . He is from Zimbabwe. We have estimated Herbert Murerwa's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2017

On 27 November 2017, Emmerson Mnangagwa, who succeeded ousted President Robert Mugabe following the 2017 Zimbabwean coup d'état, announced the dissolution of the Zimbabwe Cabinet, leaving only Patrick Chinamasa and Simbarashe Mumbengegwi as acting ministers of Finance and Foreign Affairs respectively.

2009

When the ZANU-PF–MDC national unity government was sworn in on 13 February 2009, Murerwa became Minister of Lands and Land Resettlement.

2008

Murerwa was nominated as ZANU-PF's candidate for the Senate seat from Goromonzi, in Mashonaland East, in the March 2008 parliamentary election. He narrowly won the seat according to official results, receiving 16,156 votes against 15,287 for Vincent Gwarazimba of the Movement for Democratic Change-Tsvangirai faction and 4,560 for Marimo Cloudios of the MDC-Mutambara faction.

2007

As part of a much-anticipated cabinet reshuffle by President Robert Mugabe, Murerwa lost his cabinet post on 6 February 2007.

2005

Murerwa engineered the historic repayment of US$120 million (out of $300 million) in debt to the International Monetary Fund (IMF), prior to their enforcement of a threat to expel Zimbabwe from the IMF for nonpayment of arrears (31 August 2005). Commenting on his country's accomplishment, he stated that it proved "that no one can write off Zimbabwe as yet" and that we "can still do things on our own." This repayment has put Zimbabwe in an excellent position to move forward on loan talks with neighbour South Africa for a loan of between US$200 and US$500 million.

Inflation, at 164.3% in June 2005, increased to 254.8% in July 2005, creating a speed-bump on the road to the government's goal of bringing inflation down to 80% by year end. Murerwa recently presented a supplementary budget to pay wages, import food and build new housing, after admitting that targets for economic growth and inflation would be missed. Inflation was at 1193% in July 2006 making it the highest inflation rate in the world outside the war zones. Many people viewed Murerwa as the reason why the Zimbabwean economy was struggling due to his 'yes my lord' approach towards President Robert Mugabe. This was aggravated by the fact that he opposed the currency reforms initiated by Gideon Gono, the Reserve Bank of Zimbabwe director, in August 2006. Before that Murerwa wanted to introduce $250,000 bearer cheque during the absence of Gono which would have fuelled the inflation rate further only to be stopped by Mugabe.

During his Fiscal Policy Review on 16 August 2005 Murerwa said, "Bringing down inflation, initially to double digit, and ultimately to single digit levels remains our objective. The disinflation process will, however, not be smooth sailing. Addressing the prevailing high inflation challenges facing us demands that we all make sacrifices, with Ministries living within our economy's means. There will simply be no magic solutions to our challenges."

2004

In a cabinet reshuffle on 9 February 2004, Murerwa was replaced as Finance Minister by his deputy, Christopher Kureneri, and was instead appointed as Minister of Higher and Tertiary Education. Following the arrest of Kureneri, Murerwa was additionally appointed as acting Finance Minister later in 2004. On 16 April 2005, he was formally appointed as Finance Minister again, leaving the post of Higher Education Minister; this followed the March 2005 parliamentary election, in which Murerwa was elected to the House of Assembly from Goromonzi constituency.

2003

Murerwa was put on the United States sanctions list in 2003.

2000

During his tenure Zimbabwe's economy shrunk by 30% between 2000 and 2004 following the seizure of about 4,500 white-owned commercial farms which sent agricultural production plummeting.

1941

Herbert Muchemwa Murerwa (born 31 July 1941) is a Zimbabwean politician. He served as the Finance Minister of Zimbabwe from April 1996 to July 2000, from August 2002 to February 2004, and again from 26 April 2004 to 6 February 2007. He has been Minister of Lands and Land Resettlement since February 2009.