Home » Archives by category » FEATURES » Economics

Bond coins or not: once an economy dollarizes there is just no going back, history seems to suggest

Bond coins or not: once an economy dollarizes there is just no going back, history seems to suggest

February 2015 will mark six years since Zimbabwe adopted the multi-currency monetary system, commonly referred to as dollarization. The move was in response to the chaotic hyperinflationary period that had defined the Zimbabwean economic environment for almost a decade prior to February 2009. Most Zimbabweans still are haunted by the…

Zimbabwe: FDI Follows the Path of Least Resistance

Zimbabwe: FDI Follows the Path of Least Resistance

FEATURE (Zimbabwe Investor) – Recently, there have been amplified calls by Zimbabwe government authorities in appealing for Foreign Direct Investment (FDI). The importance of foreign investment cannot be over-emphasised, especially for an economy at a precipice like Zimbabwe. Mozambique during the past year has registered a 30 percent increase in…

Zimbabwean Bank Lending on the Decline: What Will Drive Economic Recovery?

Zimbabwean Bank Lending on the Decline: What Will Drive Economic Recovery?

Since the turn of the new millennium, Zimbabwe`s economy has been on a downward trajectory, characterised by hyperinflation, chronic unemployment and soaring national debt levels. The introduction of the multi-currency system reversed this negative trend and the economy appeared to stabilise somewhat. However, recent economic events give evidence of an…

Africa`s Income Inequalities: The reality of a “A Few Big Men”

Africa`s Income Inequalities: The reality of a “A Few Big Men”

OPINION (Zimbabwe Investor) – Economic inequality has dominated international economic debate recently, and with good reason. Developmental charity organisation Oxfam International made headlines not too long ago with its report which noted that the 85 richest people in the world own the wealth of half of the world`s population. The…

Zimbabwe: SMEs are vital, but in a country with viable big corporations

Zimbabwe: SMEs are vital, but in a country with viable big corporations

In his 2014 national budget statement, new Finance Minister Patrick Chinamasa signalled a shift in policy; a shift in policy towards a new thriving economy driven by the Small to Medium Enterprises (SMEs). Speaking at a recent post-budget breakfast meeting in the capital Harare, Deputy Finance Minister Samuel Undenge reaffirmed…