Friday, September 21, 2018
By Greg Wright President Donald Trump recently questioned the value of the long-standing United States-Europe alliance. When asked to identify his “biggest foe globally,” he declared: “I think the European Union is a foe, what they do to us in trade.” This view is consistent with his recent turn against trade...
Roger Southall President Cyril Ramaphosa’s late night announcement that the government was going to push ahead with implementing a decision taken by the African National Congress (ANC) at its national conference last year to expropriate land without compensation has set the cat among the pigeons. Speculation is widespread that Ramaphosa gave...
Generally speaking the business world has accepted the results of the Presidential and General Election, is satisfied that Emmerson Mnangagwa has won his own mandate and that he will continue pressing the economic revival he initiated eight months ago, and now awaits the naming of the new team of...
Bulawayo Burea GLOBAL hospitality consultancy, HVS Africa, has called on Zimbabwean political players to accept last week’s harmonised election results and shift focus to the future of the country and developing its economy. The organisation has acknowledged President Emmerson Mnangagwa’s victory against main rival MDC-Alliance candidate, Nelson Chamisa, and said now...
Jeffrey Gogo Following Golix’s successful $21 million capital raise, could emerging Zimbabwean business enterprises feel the need to follow the example of the Harare-based cryptocurrency exchange, to raise money from the blockchain, via an initial coin offering (ICO)? “Our business model is to charge fees for the services we provide,” says...
Kudzanai Sharara Taking Stock The earnings season is upon us with three companies having released their half year results already.  The dominant theme has been that of failure to access foreign currency. Proplastic chief executive officer Kuda Chigiya put it bluntly: “The path to full recovery will be slow and painful...
Zimbabwe’s public debt burden, composed of both domestic and international debt remains a key risk factor to economic revival going forward. The new elected Government, (hopefully the election dispute will be resolved soon) has its work cut out for it with respect to addressing the country’s critical debt problem,...
By Odongo Kodongo Kenya is weighed down by swelling public debt and faces the possibility of a debt crisis (where the government can’t repay what it owes). Kenya’s current public debt stands at approximately 4.884 trillion Kenyan shillings (USD$49 billion) or 56.4% of the country’s gross domestic product.. This is up...
A new report by Fitch Solutions Macro Research states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong due to the economic aspect of the fossil fuel and therefore producers will see improving financials over the coming years. According to Fitch, major coal...
Pinar Ozcan , Dize Dinçkol  & Markos Zachariadis Digital technology has transformed the established ways of doing business across industries – and banking is no exception. New start-ups are challenging traditional service providers with a more personalised and innovative service. Traditional banks have been slow to adapt but they haven’t...