Economic Analysis

Salary increases for Robert Mugabe’s cabinet as economy bleeds

23rd February 2017 Staff Reporter 0

TREASURY has budgeted for an increase in salaries and allowances for President Robert Mugabe and his two deputies — Emmerson Mnangagwa and Phelekezela Mphoko — despite calls for belt-tightening measures in government due to worsening […]

Economic Analysis

Zimbabwe’s trade deficit narrows to $126 mln in January

23rd February 2017 Staff Reporter 1

BULAWAYO – Zimbabwe‘s trade deficit narrowed to $126 million in January, compared to $146 million in the same period last year, official figures show. Figures released by the Zimbabwe Statistical agency (Zimstat) on Wednesday revealed […]

Economic Analysis

Mashakada says a $4 billion economy has no capacity to invest in the airline business

11th February 2017 Staff Reporter 1

Movement for Democratic change Shadow Minister for Finance Tapiwa Mashakada says a $4 billion economy, like Zimbabwe’s, has no capacity to invest in the airline business. “What I recommend, is to take a brave step […]

Economic Analysis

Why ‘financial inclusion’ may not be the correct terminology

9th February 2017 Staff Reporter 1

OVER the past few years, financial authorities and development organisations in Africa have become fond of “financial inclusion” as a process of involving many people in banking services. Unfortunately, such a notion reduces everything to money […]

Economic Analysis

Botswana’s growth to almost double as commodity sales rebound

6th February 2017 Staff Reporter 4

GABORONE (Reuters) – Botswana’s economy will grow by nearly double in 2017 compared to the previous year as Africa’s largest exporter of diamonds shakes off a slump in global commodity prices and electricity shortages. In […]

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