HARARE – Finance minister Patrick Chinamasa and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya will this week have a chance to negotiate a better deal in relation to the country’s external debt with the World Bank and the International Monetary Fund in Lima, Peru. Since assuming office almost two years ago, these two gentlemen…
HARARE – Youth, Indigenisation and Economic Empowerment minister Patrick Zhuwao is fast becoming a square peg in a round hole as his reckless statements continue to cause consternation and confusion. His actions are also becoming a huge embarrassment to the Zanu PF government which is clutching at the straws as its ruinous policies have driven…
HARARE – Once again, the parliamentary portfolio committee on Finance and Economic Planning has started holding public consultations around the country to discuss priorities and hear suggestions ahead of the 2016 National Budget. As is all too often the case, the consultations have been hit by appalling apathy. To be presented in December, the 2016…
EDITOR — There is something seriously wrong in Zimbabwe today. Companies are already struggling owing to a difficult operating environment. While some in Cabinet are trying to find ways of attracting investment, one — Indigenisation minister Patrick Zhuwao — is actually proposing to impose a 10 percent levy on companies to fund indigenisation projects. I…
HARARE – Day in politics, they say, is a very long time. In this context, a year becomes an eternity, a long time in which things change, allegiances shift and perceptions vacillate. That is the effect that time has on humanity and all its activities. A year after the start of persecutions on Didymus Mutasa…
HARARE – Immorality in politics is not unusual, particularly in developed countries. Most developing countries, as a result, are not at all alarmed when immorality creeps into their political systems. It seems to bring them up to speed with their adult, developed competitors. Why being licentious is said to display all the signals of an…
HARARE – Zimbabwe has struggled with an energy crisis for the past decade despite having unfettered access to some of the world’s best solar opportunities. Since 2006, the country has struggled with incessant power outages with serious economic implications. Investors are shying away from Zimbabwe mainly due to lack of electricity, which is a key…
HARARE – While the only democratic way to remove President Robert Mugabe and his ruling Zanu PF from power is through the ballot, most Zimbabweans do not bother to vote neither are they even registered as voters in the first place. The majority of those guilty of not voting are mostly the well-heeled, the so-called…
HARARE – Zimbabwe’s intermittent power cuts — blamed on low water levels and maintenance work at Kariba — sum up the sad state of affairs currently obtaining in the country. And the blame lies with authorities who have allowed the situation to degenerate into a catastrophe as black outs being experienced throughout the country, are…
LONDON – Ever since President Robert Mugabe delivered a wrong speech, it is hard to believe that any government official reads any text with conviction. If someone ploughs through a wrong speech to the end without noticing it, it is difficult to believe that the person has any conviction about its contents. Zimbabwe has politicians…
