Tuesday, November 20, 2018
Taurai Togarepi Since the adoption of the multi-currency system, salaries and wages have been static in most companies. There are cases though where companies realigned salaries to productivity in a bid to remain viable. When the economy started to show signs of distress around 2013, several companies reviewed salaries and wages...
Kudzai M. Mubaiwa As we get into the second quarter of the year, it is imperative to re-look into your business and be certain that the economic model is still viable. The most desirable situation is that a business steadily grows and this is only guaranteed when the model is solid. Some...
Kudzai M. Mubaiwa The first quarter mantra has been that Zimbabwe is open for business. It is therefore appropriate to close the period with a simple qualitative reflection on the truth, or lack of it, in that statement for the small-scale enterprises. Running a thriving small business in Zimbabwe is no...
Future payments, wages are still due for past balance Chris Chenga One of the main ailments of the Zimbabwean economy is that it had become marginally uncompetitive in production. That means that in a comparative context of cost increments in a production value chain, industry had turned into a being trading...
Clive Mphambela Financial market distortions are not only a source of vulnerability for the economy but they are a hindrance to growth. The existence of a plethora of financial market distortions across the Zimbabwean economy should be a cause for concern for policy. As we progress to put in place an...
Martin Kadzere Interview The Government has formalised the amendments to the Indigenisation Act. The requirement that 51 percent of all businesses worth more than $500 000 should be owned by locals has been removed leaving only diamond and platinum sectors. On the 12 reserved sectors, any citizen of Zimbabwe, not...
By Amitrajeet A. Batabyal President Donald Trump recently slapped tariffs of 25 percent on imported steel and 10 percent on foreign aluminum, prompting significant concern and discussion about the wisdom of this action. As an economist who shares some of those concerns, I believe it’s important to first understand what a...
The Zimbabwe economy faces the real risk of plunging into a recession this year if companies continue struggling to get foreign currency, according to findings by a UK-based economic research firm, BMI. But it strongly contends that the new dispensation has brightened the chances of Zimbabwe obtaining concessional funding from...
Taurai Mangudhla Zimbabwe could still be losing millions of dollars worth of potential revenue from diamonds, through leaks orchestrated by a closely knit syndicate according to a recent intelligence report. As such, a red flag has been raised at the Zimbabwe Consolidated Diamond Company (ZCDC) against the backdrop of serious allegations...
Russia intends to set up a Special Economic Zone in Zimbabwe for companies from that country to operate from, as part of a broader thrust to pursue mutually beneficial economic ties with Harare, Foreign Affairs Minister Sergey Lavrov said on Thursday. Lavrov, who was in Zimbabwe on his fourth leg...