Hyperinflationary accounting
A VERY significant development in our economy happened this week — the Public Accountants and Auditors Board (PAAB) officially announced that listed firms…
Financial
Inclusivity the only solution
OUR series on the mechanics of corruption continues. I will argue that to get us out of the vicious cycle of economic decline and the (engineered) poverty…
Economy under cobra effect
THE cobra effect is upon us. In an article carried in this column on July 12 titled Upward exchange rate pressure, in the conclusion leased the cobra effect.…
Economy nears Bermuda Triangle
THE current economic turmoil is concerning. We know the socio-economic indicators of this turmoil well. Broad money supply is increasing — in the official…
Exchange rate Armageddon near
THE Monetary Policy Statement (MPS) released last Friday supplied data which when analysed show that unless drastic measures are taken, our local currency will…
87 days on, Zimdollar in dramatic meltdown
THE Zimbabwean dollar (Zimdollar) — which comprises the RTGS$, bond notes and mobile money — this week dramatically weakened peso-style against the United…
ZSE outperforms African bourses
IT is totally ironic that for all the negative macro-economic and social indicators we are accustomed to when it comes to Zimbabwe, our Zimbabwe Stock Exchange…
2019 Audi RS5 Sportback eye-catching
The 2019 Audi RS5 Sportback is eye-catching. This is a toy for rich individuals. It will cost you at least US$340 000 to land it in Zimbabwe. It is…
Observations on Zim’s economy
ZIMBABWE’S current fiscal and taxation policies are characterised by increasing tariffs, expanding the proportion of taxes, raising the cost of living,…
Mechanics of corruption III
EMPIRICAL data show that the lower the per capita gross domestic product of a country the higher the levels of corruption in that country. Zimbabwe is no…
