Wednesday, November 22, 2017
Chris Chenga In a candid interview earlier this year, former Finance Minister Chinamasa gave a nuanced perspective to fighting corruption supposedly within the mining sector. He shifted the narrative from one where there is impunity or lax prosecution of offenders, to one which questions whether or not public institutions...
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...
The IMF recently launched the sub-Sahara Economic Outlook 2017 in Harare. This was an intentional choice by the IMF; a gesture Zimbabweans could appreciate to an extent as the institution continues to hint at more cordial relations. The report was a diligent breakdown of the debt burdens that plague...
My Two Cents Last week, the Office of the President and Cabinet led a Zimbabwe Agenda for Sustainable Socio-Economic Transformation review meeting which sought to take stock of the performance of the economic blueprint under the Rapid Results Initiative. What came out clear at the review meeting, which was attended...
Livingstone Marufu Government has come up with a cocktail of measures to avert potential food shortages during the festive season and early next year. These new procedures came after panicking customers hoarded goods in September following social media claims of an impending shortage of basic commodities and a spike in black...
An increase in contribution of non-voice revenue to 63 percent of total and a reduction in finance costs by $10,7 million led Econet Wireless Zimbabwe to an exceptional performance for the half year to August 31, 2017. The group’s revenue grew 17 percent to $352,67 million while after-tax profit...
Economist John Robertson says that Government should leave building agriculture, mining and manufacturing capacity to the private sector and should concentrate on infrastructural development. He also believes that high taxes are the biggest deterrent to new investment in Zimbabwe. The following are excerpts from an interview he had with...
Martin Kadzere Zimbabwe’s chrome and platinum miners are pushing to have the foreign currency retention raised to at least 30 percent, saying the prescribed 20 percent threshold is not enough to meet their operational requirements. In August this year, the RBZ directed the miners to surrender 80 percent of their...
Kudzanai Sharara Taking Stock If there is one thing that is as clear as day and that we all agree on is that we are in the midst of a digital economic revolution. What we can disagree on is how the new technologies are changing the economy and whether the changes...
Arts Correspondent Social media has become the most powerful tool when promoting businesses online. Business practitioners have generated social media pages so as to promote their business online in a manner which reaches global demographics. Artists and Art Institutions are beginning to promote their works and services online, and...