PRESIDENT Emmerson Mnangagwa is confident Zanu PF Mashonaland West chairperson Mary Mliswa-Chikoka’s leadership skills will steer the ruling party to a resounding victory in the 2023 harmonised elections. The trust the presidium has in the youthful chair, who recently made history becoming the first ever female to lead a province, …
Read More »Pension Funds Investments & Economic Development
A great percentage of humans is employed at a specific organisation or institution however one cannot rely on his or her job forever. As financial analysts we encourage and advice individuals to plan for their retirement while employed. This is the norm for numerous citizens around the globe but the …
Read More »Ncube’s Measures: All Froth & No Beer
On Monday the previous week, Finance and Economic Development minister Mthuli Ncube announced several new measures to help sustain the local currency following months of buttering. His measures followed the continued weakening of the local currency, which declined to $700 to the US dollar on the parallel forex market. Officially, …
Read More »Stage Shaping For T20 WC Qualifier
THE stage is shaping up for the qualifying ICC Men’s T20 World Cup Qualifier where hosts Zimbabwe will be vying for the remaining two slots at the 2022 ICC Men’s T20 World Cup finals to be held in Australia later this year. The Chevrons, who are currently holding a training …
Read More »Futility Of Zim Dollar Laid Bare
WHEN United States economist Steve Hanke wrote a paper outlining how difficult it is for a country to bring back its currency and defend its value after dollarisation in its various forms and shapes, some Zimbabwean government apologists dismissed him as an alarmist and out of touch with reality. Now …
Read More »Re-Engagement Drive In Flames
PRESIDENT Emmerson Mnangagwa’s desire to return to the Commonwealth under his re-engagement drive has hit a brick wall, with the grouping insisting Zimbabwe should address cases of human rights violations and has failed to meet set conditions. Mnangagwa dispatched senior government officials to engage over the country’s potential return to …
Read More »World Bank Classifies Zimbabwe As Lower-Middle-Income Country
THE World Bank has classified Zimbabwe as a lower-middle-income country for the current 2023 fiscal year. The Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high income. The classifications are updated each year on July 1 and are based on the GNI per capita of the …
Read More »Dr Lamba Blazes Electric Vehicles Industry With US$20 Billion IPO Kevin
By Kevin Samaita South Africa-based businessman and Agilitee chief executive Dr Mandla Lamba is angling to transform the global electric vehicles industry after announcing a US$20 billion Initial Public Offering (IPO) on the Johannesburg Stock Exchange. The US $20 billion IPO will see the company selling US$ 2 billion (10 …
Read More »Missing Cryptoqueen Joins FBI 10 Most Wanted
Ruja Ignatova, also known as the “missing Cryptoqueen”, has been placed on the FBI’s top 10 most wanted list. The Bulgarian woman, believed to be in her 40s, is wanted for her alleged role in running a cryptocurrency scam known as OneCoin. Federal investigators accuse the fugitive of using the …
Read More »Inflation Inducing Extreme Poverty
THE Zimbabwean government gazetted Statutory Instrument (SI) 118A of 2022 on June 28, 2022 as an amendment to the existing Exchange Control Act. The presidential temporary measure compels businesses and traders to sell their products at no an exchange rate above 10 per centum the prevailing interbank rate that is …
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