Thursday, July 19, 2018
Over the course of the next few days Kariba South becomes Zimbabwe’s first “gigawatter” power station as the second new unit comes on stream and the power station is able to deliver 1 050MW, drastically raising Zesa’s capacity to cope with peak power demand. However Zesa will have to change...
Zim should not draw back on socio-economic concerns Chris Chenga An honest government working as an agent of its citizens is likely to convey socio-economic interests that are divergent, or contest, with an enterprise which is in allegiance to its financial shareholders. This is not a bad thing. Such tension between...
Amid all the nonsense of the last fortnight, especially the last weekend, the formal retail and wholesale sector and most manufacturers have emerged with credit and their integrity intact, while the wilder elements in the economy have been exposed as both greedy and eager for short-term gain over long-term...
Africa Moyo Increasing the electricity tariff is not ideal at the moment as that would worsen the country’s competitiveness position, the Zimbabwe National Competitiveness Report (ZNCR) 2017 shows. This comes as Zesa is pushing for a tariff increase of up to 49 percent from the current average tariff of USc9,86 per...
A poor track record only satisfies partisan economics Chris Chenga The new administration of President Mnangagwa must proceed with careful caution. It must avoid hastily proceeding into a new dispensation, giving into the temptation of chasing popular goodwill. With supposedly less than six months until very consequential elections there is a...
Chris Chenga For years, there has been continuous debate in economic circles on the notions of supply side and demand side management. There is a quandary on how slumping economies should initiate growth strategies by leveraging on either one of the two. Some argue that supply side interventions should precede...
Business Writer The price of Bitcoin in Zimbabwe cannot be around the $13 000 mark as reported by a number of media outlets, according to Quartz.com. The digital news publication says the high price has only been quoted by a single Zimbabwean Bitcoin trader. Quartz said Bitcoin brokers for Zimbabwe were...
Clive Mphambela Government has hit the panic button over recent spikes in the price of most basic goods, and in typical fashion has reacted by setting up an ad hoc committee to investigate and make recommendations into the recent rises in consumer goods prices. I have repeatedly warned in this series...
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...
Chris Chenga Supposedly, a new dispensation means developing friendlier ties between the UK and Zimbabwe. Any benevolent observer would not haste to cast doubt on the accumulating goodwill as resembled by the diplomatic visits and portraits amongst representatives over the last two months. However, a responsibly conservative observer would moderate the...