Saturday, September 22, 2018
Chris Chenga Last week Richard Thaler, an American economist and Professor, won this year’s Nobel Prize for Economics. Oddly, Thaler’s work has been existent for some time now. Thaler’s most popular book titled “Nudge” was published back in 2008. Within the recent year he has not advanced any notably...
Jeffrey Gogo Bitcoin this week continued with its roller-coaster ride, smashing through the $20 000 threshold, as Harare-based exchange Golix added two more coins to the list of tradable digital currencies on its platform. The latest price represents a growth of 33 percent week-on-week. By 10.30am yesterday morning, bids hovered around $21...
The property market is constrained due to condensed property demand drivers. The major property segments such as office, retail, industrial and residential; each has distinguished trends due to its explicit demand and supply drivers. There is an oversupply of office space in the CBD as a result of downsizing and...
Albert Norumedzo The Zimbabwean economy is expected to grow by 3.7 percent. This trend is attributable to an agriculture sector that is expected to grow by 21.6 percent due to good rainfall and effective Presidential and Command Agriculture input programs. The mining sector is also expected to rebound on the strength...
Hffingtonpost. — Two of South Africa’s biggest companies —Naspers and Steinhoff — find themselves in the middle of raging storms, as allegations of impropriety and unethical conduct are levelled at the two behemoths. South Africans awoke to the news that Steinhoff CEO Markus Jooste, one of the country's most celebrated...
Taurai Togarepi During the period 2004 to 2008, Zimbabwe declared inflation as its country’s enemy number one with inflation running into several millions. At the end of 2008, Zimbabwe had the highest inflation figure in the world. The major causes of inflation during that period was excessive printing of money...
Dr John Mangudya Following the release of this year's manufacturing survey, Reserve Bank of Zimbabwe Governor Dr John Mangudya expressed reservations at using capacity utilisation instead of using output as a measure of economic development. Dr Mangudya’s comments, captured below, followed a presentation of the Confederation of Zimbabwe Industries manufacturing...
Chris Chenga Among the top priorities for the Zimbabwean economy is the trade balance. It is a consistently bemoaned indicator of the level of production within the economy and foreign currency earner for a country without much monetary expansion levers. Perhaps just as important, the trade balance is also a...
Paul Bates Technology has radically revolutionised the way companies are conducting their business. Financial technology (often referred to as fintech) is one such technology that has fundamentally changed how organizations, small, medium and large, process and use their financial information. However, like any other technology, there is a lot of...
Business Writer PPC Zimbabwe posted record sales for the six-months to September 30, 2017 as volumes rose by over 25 percent as the new Harare Mill kicked into operation during the period under review. PPC Zim is a subsidiary of South African-headquartered cement giant PPC Limited. Growth in volumes and sales...