Wednesday, November 22, 2017
Kudzai M. Mbaiwa Small Businesses Small-scale enterprise development must become a shared responsibility in Zimbabwe. Though we have a dedicated Ministry of Small to Medium Enterprises and Co-operatives Development, whose vision is “To be the ‘nerve’ centre for sustainable, inclusive, socio-economic empowerment, growth and development of MSME’s and Co-operatives”, alone,...
Tinashe Nyamunda Many reports on the Monetary Policy Statement (MPS) are largely focusing on monetary expansion through the printing of a further $300 million bond dollar (or bollars). This injection which will raise bond money in circulation to $500 million is backed by an African Export and Import Bank facility...
Dr Tinashe Nyamunda The Economy Corner As I continue examining different aspects of Zimbabwe’s emerging post 2000s economy, I am drawn to the concept of “ease of doing business in Zimbabwe”. If any aspired development is to take place or any serious investors are to be attracted, this is one...
Tinashe Nyamunda There is an interesting trend in Zimbabwe where people tend to make light and reduce to memes and jokes otherwise depressing economic issues in Zimbabwe. Remember the fuss made about zvihuta? It is out of this movement that people such as Prosper Ngomashi (the comic), Boss Keda, Gonyeti...
Business Writers Zimbabwe’s economic blue-prints introduced since independence in 1980 have not been effective in achieving their set targets due to poor implementation, with the exception of the current Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) economists havesaid. From the National Development Plan (NDP) in 1986, ESAP of 1991, National Economic...
By Jeffrey Gogo As the price of Bitcoin on the local exchange Golix.io this week hit a world record $12 000, almost twice the global rate, tax collector Zimra is now looking at ways to claim its share of the bounty — but it won't be that simple.. “Income earned out...
Tinashe Nyamunda It is increasingly evident that Zimbabwean bond notes are not as good as the real thing to currency smugglers. Officially, bond notes are still at par with the US dollars but with a small “export incentive”, call it an artificial exchange rate of some 5 percent. But the...
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...
Dr Tinashe Nyamunda There was a Cabinet reshuffle recently, which saw Patrick Chinamasa being moved to the Ministry of Cyber Security while former Home Affairs Minister Minister Ignatious Chombo was appointed as the Minister of Finance. It looks like the President wanted to try a new approach and benefit from...
Albert Norumedzo In a desperate move to abate the uncertainty in liquid investments owing to the growing currency crisis, most investors have sought safe havens to preserve their wealth through investing in hard assets which are in less liquid form such as property, stocks and other hard investments. Many have...