Saturday, July 21, 2018
It is that month of the year when the Confederation of Zimbabwe Industries announces results of its annual manufacturing sector survey. And, of all the variables that the survey touches on, the spotlight is going to be on capacity utilization, which is a measure of installed capacities of manufacturing...
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...
The key is to convey structural discipline and inflation stability Chris Chenga In the first quarter of this year, the IMF published its Regional Economic Outlook report on sub-Saharan Africa. It was titled “Restarting the Growth Engine”. There was an intriguing section on what were described as turning points; moments that...
One of the curiously regressive fiscal policies in Zimbabwe is the imposition of taxes on electronic and mobile transactions. These taxes make the desired cashless economy more expensive and seem to defy Government progress in making it far easier to do business. It seems the time has come to...
Albert Norumedzo The events of the past couple of weeks were a horrific reminder of the dark part of our economic history, which no one wants to relive. The mere thought of those days sends shivers down the spine of everyone across the populace. This reminds many of the days of...
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...
Albert Norumedzo The Zimbabwean economic space has witnessed a wide spectrum of extremes when it comes to economic fortunes. For a good part of its history the country was the bread basket of Africa, as the agriculture sector thrived on commercial farming activities that painted the country green. Believe...
Gerald Nyakwava I have had the opportunity to work in the rural areas; the forgotten half of Zimbabwe, where the main road is the wide gravel road that is some kilometres away one’s residence. These would be the last areas that one would expect to find a vibrant financial system....
Kudzanai Sharara Ask any African citizen whether they would like to see more or better houses and other facilities such as dams, roads, hospitals and schools and the answer would be a definite yes. The level of infrastructure development in Sub-Saharan Africa is still very low and there...
Kudzanai Sharara Taking Stock Buying a company through a management buyout can be a short-cut to financial success but the risks can be significant, even for a well-managed and successful business. It takes courage to leave the relative security and comfort of a management position to face the challenges of ownership...