Zim in austerity-induced recession
“OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining…
Financial
Govt re-ignites currency debate
PRESIDENT Emmerson Mnangagwa’s remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the…
Super-normalising the ailing economy
KATHY Charmaz uncovered the classic grounded model she called super-normalising. She studied heart attack victims and discovered that these patients tended to…
Why is the gvt always reactive?
THE government announced that it is now amending the Competition Act to empower the Competition and Tariff Commission to levy penalties on companies that…
Pension contribution arrears understated: Ipec
The $600 million contributions arrears bedevilling the pensions industry are actually understated as a number of insured contributions arrears are not being…
Mechanics of corruption(Part I)
I HAVE spent the last four years studying a phenomenon of interest using classic grounded theory methodology, resulting in a classic grounded theory (CGT)…
Banks’ exposure to govt increases
BANKS’ exposure to government have increased with 56% of CBZ bank’s assets now in Treasury Bills (TBs), First Capital Bank 41%, Standard Chartered 43%, FBC…
US$5b refinancing offer corruption fears
A NUMBER of readers of this column have expressed fears that the US$4,5 billion refinancing package that is being spearheaded by London-domiciled ICG Capital…
Price increases hamper govt inflation targeting
SHARP increases in prices of basic commodities and the recent rise in the price of fuel will further stoke inflation, and the trend flies in the face of…
Industry engages govt over US$183m debt
CONFEDERATION of Zimbabwe Industries (CZI) is restructuring the manufacturing sector’s US$183 million legacy debt to foreign suppliers, but says the…
