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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

9 Comments

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

Sinister agenda behind indigenisation misrepresentations

By Psychology MaziwisaBusiness, Companies, Mining, Politics
kasukuwere-20072011

THE distortion by Reuters of Saviour Kasukuwere’s July 20 speech on indigenisation was ample proof that some journalists have become more concerned about the headlines than the spirit of journalism. And although it may not have been as spine-chilling as … Read more

63 Comments

‘Loan sharks’ feast on culture of profligacy

By Alex MagaisaBusiness, Companies, Money, Personal Finance

I HAVE followed with some interest recent developments in Zimbabwe’s financial sector, in particular the severe challenges faced by Renaissance Bank. There are two observations to be made. First, the collapse of Renaissance has been presented as a failure of … Read more

40 Comments

Bloch: champion of the privileged

By Psychology MaziwisaBusiness, Companies, Politics

ZIMBABWEANS should not be tricked into believing Eric Bloch’s flagrant lie that he is committed to the empowerment of indigenous Zimbabweans. Of course he is merely paying lip-service. Crocodiles cannot fly. By most accounts, he remains a champion of the … Read more

62 Comments

Indigenisation: robbing Peter to pay Chamunorwa

By Lenox MhlangaBusiness, Companies, Politics

I COULD have written a syrupy piece about our Independence until I reasoned that I could be dancing out of tune. Surely, after 31 years of self-destruction, what is there to celebrate? So I decided to be more realistic and … Read more

56 Comments

Indigenisation: looking at the bigger picture

By Psychology MaziwisaBusiness, Companies, Mining, Politics

ZIMBABWE’S indigenisation and empowerment law, whose present focus is on the mining sector, has been called many things: ‘destructive’, inimical to ‘property rights, devoid of justice, unconstitutional, tantamount to theft’ and certain to bring about ‘the imminent and total demise … Read more

50 Comments

Privileged professionals: when the beautiful ones are misunderstood

By Mutumwa MawereBusiness, Companies, Politics
GILBERT-MUPONDA

TODAY, Wednesday, January 3, 2011, is the first working day of this second decade of this century. The century has been dubbed the African century on the premise that Africa’s better and brighter days are yet to come. However, such … Read more

52 Comments

None more insane than Canning, none so patriotic than Kasukuwere

By Psychology MaziwisaBusiness, Companies, Politics

WHEN Indigenisation and Economic Empowerment Minister Saviour Kasukuwere explained at a business conference in Harare last Wednesday that applications for investment from foreign investors — including and especially those from Britain — would be treated with circumspect, he was being … Read more

124 Comments

Post-colonial anti-capitalist disposition: real or myth?

By Mutumwa MawereBusiness, Politics
biti-charamba

ON OCTOBER 1, 2010, Nigerians celebrated 50 years of independence in this historic year that saw one of Africa’s youngest nation state, South Africa, successfully hosting the first FIFA World Cup on the continent. As Nigerians were celebrating, a debate … Read more

45 Comments