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Car import ban: ‘Not well-thought out policy’

Outcry over ban of second-hand cars‘Cruel ban by pampered Govt employees’‘Misplaced priorities’ by Govt Analysts have described the planned ban on the importation of second-hand cars contained in Finance and Economic Development Minister Mthuli Ncube’s ZW421,6 billion budget proposal delivered in Harare Thursday as a “not well-thought out policy”Prof Ncube …

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G-20 didn’t do much for poor nations

The annual summit of world leaders known as the Group of 20 is often more about form than substance given the varying interests and policy differences among participants, ranging from the United States and China to Argentina and South Africa. Nevertheless, in times of transnational trouble such as the Covid-19 …

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China may scale back investment in Africa, says new report

In the coming decade, China is expected to consume less raw materials and be more selective in its foreign lending and investment activities.In a report published on 10 November, the German insurer Allianz and its credit insurance subsidiary Euler Hermes revealed a disturbing finding: over the coming decade, China may …

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2021 BUDGET: THE MAIN EXPECTATIONS

‘Needs to be stimulatory, protect populace against rising poverty’ By Collen JonasiThe presentation of the national budget is a key event on the country’s fiscal calendar every year. The national budget is the main instrument through which the country’s fiscal policy is administered. A fiscal policy refers to the government’s …

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The US economy is about to shrink, JPMorgan warns

The pandemic is intensifying, statewide curfews are back and Washington is asleep at the wheel. This toxic backdrop is derailing the US economic recovery just as Joe Biden prepares to take charge — and JPMorgan is warning the economy is in fact about to shrink. On Friday, JPMorgan became the …

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