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No more lollipops for change: Additional currencies can spur Zimbabwe’s economy

No more lollipops for change: Additional currencies can spur Zimbabwe’s economy

COMMENT (Zimbabwe Investor) – This week Zimbabwe’s central bank presented the country’s first monetary statement of the year 2014 and the first one since the departure of the controversial governor for ten years Gideon Gono. The country which had been accustomed to theatrical monetary statement ceremonies during the tenure of…

The New Geography of FDI: Emerging Markets Reshaping Investment Landscape

The New Geography of FDI: Emerging Markets Reshaping Investment Landscape

Global foreign direct investment is undergoing a seismic shift as emerging markets countries are seeing both inflows and outflows rise dramatically—despite flat overall levels of global FDI. When Shuanghui International, a Chinese holding company, last year acquired the largest pork products processor in the United States, the news caused an…

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…

Biti, Gono, Zimbabwe and the society’s eyes wide shut approach

Biti, Gono, Zimbabwe and the society’s eyes wide shut approach

The week’s headlines in various news outlets were dominated by the surprising move of the outgoing Reserve Bank of Zimbabwe’s Governor Gideon Gono to hire the immediate past Minister of Finance Tendai Biti as his lawyer in a case raised by a former senior executive at the central bank and…

EXCLUSIVE: An interview with Nigel Mugamu, Zimbabwe’s rising social media star

EXCLUSIVE: An interview with Nigel Mugamu, Zimbabwe’s rising social media star

EXCLUSIVE (Zimbabwe Investor) – In September 2012, a Zimbabwean social media enthusiast started a Twitter platform, @263Chat, for Zimbabweans from across the globe to converge and discuss burning topical issues in the country. From politics to education, marital issues to government policy, arts and culture to health, lobola to human…

The curse of Zimbabwe’s indigenous owned banks

The curse of Zimbabwe’s indigenous owned banks

So Trust Bank is no more! Bill’s project has derailed. The one they call ‘Beans’ has joined the lengthening queue of ‘failed bankers’ of the indigenous ilk. The going might be tough, but surely something must be terribly wrong. Why is it that only indigenous banks are failing? Why are…