At last one banker says it is price correction not deflation
One banker has finally said what is happening in Zimbabwe is price correction and not deflation, and it is nothing to worry about.
(52 VIEWS)
News about Zimbabwe that you can use
One banker has finally said what is happening in Zimbabwe is price correction and not deflation, and it is nothing to worry about.
(52 VIEWS)
The Member of Parliament for Glen View Fani Munengami yesterday asked what was the purpose of having question time in parliament every Wednesday when ministers, who were supposed to answer the questions, were not in the house.
(161 VIEWS)
Africa must drive its own economic growth because foreign investors are coming to Africa to make money not to solve the continent’s problems, Finance Minister Patrick Chinamasa said in Rwanda on Tuesday.
(48 VIEWS)
A man was fined US$30 for trafficking 60 women from Zimbabwe to Zambia but was allowed to cross with the women, the Member of Parliament for Bulawayo East Thabitha Khumalo told parliament on Tuesday.
(58 VIEWS)
The Deputy Minister of Indigenisation and Economic Empowerment Mathias Tongofa yesterday added to the confusion on government policy on indigenisation when he told parliament that the law stipulated that all companies in Zimbabwe should ensure that 51 percent of the shares are under the indigenous people in Zimbabwe.
(61 VIEWS)
Zimbabwe politics intrigues me. For three months, after the 2008 March elections, Zimbabweans were beaten to death, especially in former Zimbabwe African National Union-Patriotic Front strongholds, for voting for the wrong party. Conservative estimates say some 180 were killed.
(42 VIEWS)
Jonathan Moyo calls on media to end polarisation- Information Minister Jonathan Moyo today called on the media to take advantage of the new constitution which guarantees freedom of the media to make the government more accountable and end polarisation in the country because it was scaring away investors. “For the first time, we have a justiciable right. Freedom of the media for the first time is a justiciable right and this is in terms of Section 61 (2) of our Constitution and interestingly it says every person is entitled to freedom of the media,” he said. Moyo said the country had been polarised for a long time and this was costing the country. “We need to do something about it because it has kind of damaged us as a country, certainly we have heard from the Minister of Finance that this has increased the cost of offshore money, it has increased the cost of doing business in our country, raising our sovereign risk.”
(54 VIEWS)
One of the things that has baffled me about Zimbabwe is the rate of inflation which fell into negative territory in February. But what has been worrying me most is whether Zimbabwe is experiencing deflation, or it is merely going through disinflation.
(99 VIEWS)
Contract tobacco farmers have a right to refuse to sell their crop to the contractors if they offer low prices and can seek alternative buyers but they have to pay the contractors for all inputs they will have been given.
(57 VIEWS)