Wednesday, May 23, 2018
Martin Tarusenga The information that high ranking officials in the Ministry of Finance (MoF) persistently hindered pensioners from securing their rightful benefits in various ways brings permanent secretaries, as administrative heads of ministries, in the spot light of macroeconomic performance. The Herald article “Thumbs up to lean Government — Now for...
By Leif Wenar Donald Trump tweeted something true recently. Responding to the protests in Iran, the US president stated that “The people are finally getting wise as to how their money and wealth is being stolen and squandered.” Trump’s point is correct: what vice-president Mike Pence called Iran’s “unelected dictators”...
Clive Mphambela The problem in our currency markets have refused to go away. Despite significant inroads made by the authorities to ameliorate the situation, cash remains short in the pockets of ordinary consumers, and foreign exchange has become ever more scarce as importers have increasingly become desperate for foreign exchange...
Prosper Ndlovu Bulawayo Bureau --- The anti-corruption stance under the new political dispensation has sent shivers down the spine of illegal dealers whose intoxicating influence has led to market distortions in the country’s economy. Economic experts say speculators have been cashing in on the country’s economic crisis to manipulate the...
By Andrew Quodling Facebook’s founder and chief executive Mark Zuckerberg faced two days of grilling before US politicians this week, following concerns over how his company deals with people’s data. But the data Facebook has on people who are not signed up to the social media giant also came under scrutiny. During...
Vasilis Kostakis & Jose Ramos What if globally designed products could radically change how we work, produce and consume? Several examples across continents show the way we are producing and consuming goods could be improved by relying on globally shared digital resources, such as design, knowledge and software. Imagine a prosthetic...
By Edward Webster, David Francis & Imraan Valodia It is widely accepted that South Africa is one of the most unequal societies in the world – the top 10% of the population earn about 60% of all income and own 95% of all assets. But there are significant and critical...
Victor Bhoroma Zimbabwe’s Finance Ministry made a bold budget presentation of $5,07 billion in anticipated revenues against a planned expenditure bill of $5,74 billion. The budget deficit is expected to ease to $672 million from the $1,7 billion recorded in 2017. The Government expects the economy to grow by 4,5 percent, a...
By Thomas Daum & Regina Birner Mechanisation of agricultural has become a priority across many African countries as the continent gears up to exploit its well recognised potential to become the world’s food basket. This comes on the back of the fact that African farming systems remain the least mechanised of all...
Business Weekly this week publishes some excerpts of the Zimbabwe African National Union Patriotic Front (ZANU-PF) 2018 Election Manifesto that have serious ramifications on businesses in Zimbabwe if implemented. The party, like what the theme of the manifesto says, wants to Unite, Fight Corruption, Develop, Re-engage and Create jobs...