Friday, April 20, 2018
There are high expectations of economic improvement in Zimbabwe, and while everyone needs to continually remind President Mnangagwa and his new team to be announced soon that this is their number one priority, we also have to think about exactly what sort of economic improvement we wish to push...
While the new Government makes determined efforts to turn the economy around, opening Zimbabwe up to the world, people must accept that there is a time lag between the signing of a deal and the creation of new jobs and the flow of new taxes and exports. This “crisis of...
There is an obsession in those monitoring Government, local government and private sector accounts with the percentage of costs allocated to staff, with a demand that this percentage be kept to some arbitrary limit so that there is money left over for “service delivery”. Yet those gripped by this obsession...
There have been some who dispute the 3,46 percent inflation rate of the Zimbabwe National Statistics Agency, with these objectors suggesting a rate of “50 to 200 percent” without offering much in the way of accepted methodology to justify these wild figures. Zimstats derives its figures basically by comparing the...
We are about to start a new year, and if we want to look forward rather than back we need to ensure we build on what we know to be the right foundations and move along the road we know is the right road. The new Government that took office...
For a resource rich country such as Zimbabwe, mining is an obvious way to quickly move the country forward economically and create a large number of skilled jobs that pay reasonably well. Apart from petroleum resources, the ancient craton, plus the intrusions of the last few billion years, that underlies...
One of the more amusing tendencies of those who sometimes comment on the Zimbabwe Stock Exchange is the desperate desire to draw conclusions on the assumption that all who buy and sell shares are totally rational and level-headed people who carefully weigh the political and economic factors each day...
Alongside the legal changes required to make Zimbabwe more attractive to external investment, there are administrative changes and a need to change some cultures. One particular problem is how external investors can get their dividends out, that is their profits minus taxes, and if they decide to sell out how...