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Curbing Masunda’s corporate incest

By Tafadzwa MusararaCompanies, Politics
muchadeyi-masunda

BULAWAYO-BORN Harare mayor Muchadeyi Masunda is the chairman of nine private sector boards and director in three others. Masunda is the chairman of Old Mutual, a British-owned and controlled insurance firm which is the biggest resident in Harare. He is also … Read more

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Gonomics and the crafty Yuan deception

By Lance MambondianiEconomics

RESERVE Bank Governor, Gideon Gono’s repeated call to replace the US dollar with the Chinese Yuan alongside the Zimbabwe dollar is either superbly feckless, crafty deception or economic emotionalism. There is no denying that the ‘Look East Policy’ is bearing … Read more

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Government should support ethanol production

By Lance MambondianiEnergy

RECENT news that Green Fuel, a pioneering Zimbabwean ethanol processing company, is currently sitting on 8 million litres of ethanol (E10) in their storage facilities due to a slow uptake by the market sounds like irresponsible economic suicide. By all … Read more

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European economic crisis: Is it time to head home?

By Lance MambondianiEconomics, Personal Finance, Politics, Stock Market, World

AN EMERGING trend within the diaspora community in the UK points towards a gradual increase in the number of people who have, or are considering returning to Zimbabwe or emigrating to other countries as a result of the global economic … Read more

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Africa’s battles with capital flight and unjust debt

By Jeff MadzingoEconomics

THE global financial turmoil has dominated the international agenda for a couple of years now and there is hardly a clear way out of the crisis. The fact that most developed economies especially in Europe are experiencing these financial meltdowns … Read more

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The futility of bankers’ prosecution

By Lance MambondianiBusiness, Companies
nicholas-vingirai

NICHOLAS Vingirayi, an alleged ‘rogue’ banker with an international arrest warrant, was extradited to Zimbabwe and arraigned before the courts on fraud charges dating back to the 2003 banking sector crisis regarding the collapse of Intermarket Holdings Limited. Another pointless … Read more

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The case for a Zimbabwe Diaspora bond

By Lance MambondianiBudget, Politics

ZIMBABWE’S Finance Ministry should be commended for launching a consultation programme intended to seek stakeholder participation in the drafting of a broad-based 2012 budget. Faced with a projected year end fiscal deficit of $700 million and a debt overhang of … Read more

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Economic empowerment: the Last Chimurenga

By Jonathan MoyoCompanies, Politics

AS ZANU PF’s irreversible indigenisation and economic empowerment thrust gathers revolutionary momentum with real benefits to be enjoyed by everyone across the country, most Zimbabweans now understand that they are in the throes of the last phase of the people’s … Read more

28 Comments

National Budget: nation watches, uncomprehending

By Lenox MhlangaBudget, Money
biti-26072011-3

WHY do we dread budget time? Is it because there is little good news, if any, that comes out of such an exercise, particularly when it comes to helping the poor in times of economic hardship? The national budget will … Read more

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Zimbabwe: expectations, anticipation and reality

By Gilbert MupondaBusiness, Economics, Money, Retail and Customer

AFTER being in the diaspora for seven years and following Zimbabwe’s progress, or lack of, through media reports, it has been a great challenge to reconcile my expectations with reality. Being away for so long results in a natural loss … Read more

39 Comments