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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Commercial Bank of Zimbabwe (CBZ), the country’s largest and most profitable bank, has finalised a deal to acquire a 31.22% stake in First Mutual Holdings (FMH), one of the country’s largest insurance and property firms, from the National...
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The title of this article may sound ambitious, but again, it is not impossible. Zimbabwe has recently approved a proposal by a group of Chinese investors to establish a US$2.83 billion battery-metals park that will process metals including lithium, p...
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IntroductionIn this inaugural article, I was unsure what topic to tackle, considering this publication’s audience forms a niche market of experienced and knowledgeable professionals who have a keen eye for the trends and challenges that shape the fin...
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The world is witnessing a historic transformation of the global monetary system. Traditional fiat money has dominated the global economy since 1971 when American president Nixon shocked the world with a unilateral decision to end the conve...
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12 JULY 2023Welcome to our VERY FIRST weekly analysis of news and trades on the three Zimbabwe securities and commodities exchanges, the Zimbabwe Stock Exchange (ZSE), the Victoria Falls Stock Exchange (VFex), and the Zimbabwe Mercantile Exchange (ZM...
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Zimbabwe’s Minister of Finance, Hon. Prof. Mthuli Ncube, is expected to announce a supplementary national budget in the coming days. By several measures (mathematical, empirical, projection and extrapolation), this impending reallocation will n...
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IntroductionThe Zimbabwe Mercantile Exchange (ZMX) is a marketplace that facilitates the buying and selling of a wide range of agricultural products, such as maize, wheat, sorghum, and soybeans.It was introduced in October 2021 and now operates an El...
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ASSESSMENT REPORT OF MAIZE SUBSIDIES IN ZIMBABWE 2023IntroductionMaize is the main staple food crop in Zimbabwe, accounting for about 70 percent of the national cereal consumption. The country requires about 2.2 million tonnes of maize annually for b...
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PreambleOn the 29th of May 2023, Professor Mthuli Ncube's announced his latest currency stabilisation measures. Here I attempt to analyse what they intend to do, their likely efficacy and further recommendations, which I placed at the end. I have cho...
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21 May 2023Re: Solving the Zimbabwe Public Transport problem: A practical solutionDear:Eng. Amos MarawaThe Permanent Secretary,Ministry of Transport and Communication in, ZWcc: Mr. George Tongesayi GuvamatangaThe Permanent Secretary,Ministry of Finan...
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In 2020, Zimbabwe agreed to compensate local white farmers, whose land was taken by the government from 2000 onwards to resettle black families, in one of the most emotive and divisive policies from Zimbabwe. While foreign white farmer...
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Africa needs to mobilise its domestic resources to address its development challenges.Some of Africa’s wealthy individuals and businesses have a tendency to accumulate capital in Africa and then transfer it abroad for “safekeeping”, where it is then ...
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Zimbabwe is on the verge of launching digital currency tokens backed by gold. This is according to the governor of the country's central bank, the Reserve Bank of Zimbabwe (RBZ). The move is seen as an attempt to stabilise the new iteration of ...
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