(Left) Chairperson of the Zimbabwe Land Tenure Implementation Committee (LTIC), Mr Kudakwashe Tagwirei and (Right), the president of the Republic of Zimbabwe, Dr. Emmerson MnangagwaThe recent announcement by the Zimbabwean government regarding the is...
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Javier Milei, Argentina's maverick president, has become the poster child for radical economic reform, sparking interest from tech titans and political mavericks alike.His "chainsaw" approach to slashing bureaucracy has yielded results that have econ...
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The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwe Gold (ZiG) currency by 43% against the US dollar has sent shockwaves through the nation's financial markets and raised questions about the underlying motivations for such a ...
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In the tumultuous economic landscape of Zimbabwe, where businesses tread cautiously, Fastjet Airways has taken a bold leap. The airline’s decision to accept the new Zimbabwean currency, ZiG, with a risk premium on top has sparked controversy and admi...
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Egypt, a nation that stands as a beacon of African economic potential, is paradoxically tethered to the lifeline of International Monetary Fund (IMF) loans. The recent March 2024 sanctioning of an additional $5 billion loan is a testament to this dic...
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The U.S. President, Joe Biden, announced on Monday the 4th of March 2024 that he has signed an executive order to cancel the economic and other sanctions imposed on Zimbabwe by his predecessors since 2001. The move can be seen as a gesture of go...
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The Zimbabwe markets and economy in general is on tenterhooks, pending the release of what will be Dr. John Mangudya's Reserve Bank of Zimbabwe's denouement. The last Monetary Policy announcement of his tenure. In the main because of the "Structured ...
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Zimbabwe's president, HE. E. Mnangagwa, announced the introduction of a structured currency to stabilise its local currency, the Zimbabwean dollar (ZWL), which has been suffering from high inflation and exchange rate volatility.The President said thi...
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Africa is facing a severe debt crisis that threatens to derail its economic and social progress. According to the IMF, more than half of all low-income countries in sub-Saharan Africa are already in or at high risk of debt distress.The geo political ...
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Zimbabwe is facing a daunting challenge: how to raise enough revenue to finance its development and sustainance, while facing a drying up of international support and a hostile economic environment. The government announced a series of tax changes in...
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Negative Output Gaps Occurances during GDP growth.Zimbabwe has been experiencing a modest economic recovery since 2021, after a decade of stagnation and hyperinflation. The country's nominal gross domestic product (GDP), which measures the total...
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The capital markets of sub-Saharan Africa (SSA) have been hailed as some of the best performing sectors in the region, attracting foreign investors and generating impressive returns. Be that as it may, a closer look at the performance and impact...
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Recently I was scouring Twitter, or X as it is now known, and I stumbled on a thread by Prisca Mutema, a Zimbabwean economist and entrepreneur, which sparked a heated debate on the role and value of Small and Medium Enterprises (SMEs) in t...
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So Zimbabwe has operationalised its Sovereign Wealth Fund, now nostalgically named the Mutapa Fund. The country can, at least on paper, “save and invest.” What may be needed now, assuming that the fund will function as intended, is a formal, go...
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Nigeria, Africa’s largest economy, has received a third loan from the World Bank in less than six months, raising concerns about its debt sustainability and economic management. The latest loan, worth $700 million, was approved on September 26, 2023,...
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