A YEAR ago, David Brown – the head of Impala Platinum – believed Zimbabwe’s indigenisation plans for foreign-owned mines “would not happen”. The policy, which required all companies with a share capital above US$500,000 to arrange for 51 percent of … Read more
ID: 07PRETORIA1495 SUBJECT (C): ZIMBABWE: SENIOR SAG OFFICIALS OUTLINE VIEWS DATE: 2007-04-30 00:00:00 CLASSIFICATION: CONFIDENTIAL ORIGIN: Embassy Pretoria TEXT C O N F I D E N T I A L SECTION 01 OF 04 PRETORIA 001495 SIPDIS SIPDIS DEPT … Read more
THE recent problems at ReNaissance have no doubt reignited sad memories of the 2003 financial sector crisis in which 13 indigenous banks collapsed. Between December 2003 and June 2004, five banks were placed under curatorship, two were liquidated and four … Read more
THE debate about the proposed gold-backed Zimbabwe dollar has turned out to be a very interesting battle of ideas. My old university motto taught us its always wise to “think in other terms”. After a decade of economic decline, Zimbabwe … Read more
ZIMBABWE’S indigenisation law sadly reveals the ineptitude of vacuous economic policies that rarely fail to miss the point. Fewer would be convinced that an almost bankrupt country, recently on the verge of an economic implosion and barely admitted into the … Read more
IF regional leaders meeting this week in Kinshasa for their annual Sadc Summit want to be taken seriously about their respected role as the lead-guarantors of the Global Political Agreement (GPA) signed by Zanu PF and the two MDC formations … Read more
OUR legislators have just exposed themselves for what they are: local by birth and vote; otherwise foreign by funding and taste. Of course I have no reason to judge them too harshly. During their campaign for election last year, … Read more
UNITED States President Barack Obama has so far stuck to his electoral script on foreign policy: a tough military approach in Afghanistan, tough-talking with Israel and a positive conversation with the Muslim world. North Korea’s nuclear antics make a … Read more
ZIMBABWE’S government of national unity has limped towards 100 days in office, and the Prime Minister has just launched a second phase 100-day agenda which is said to provide a blue print for the implementation of key sector reforms and … Read more
IF there is one development that has raised troubling questions about the seriousness of the coalition government which completes its critical 100 days in office on Saturday next week, it is Wednesday’s launch by Prime Minister Morgan Tsvangirai and Vice-President … Read more
