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Challenging our prejudices: Can anything good ever come from Zimbabwe`s government?

The natural temptation when one thinks of Zimbabwe is to side with the common narratives that have been advanced in detailing the country`s fall from grace. A terminal free-fall that has seen economic growth stagnate even at a time when regional peers have been surging full steam ahead. Not only that, unemployment has shot up, infrastructure growth has been stunted, there have been massive levels of brain drain, and the economy is a pale, unimpressive shadow of what it once was - the “Jewel of Africa.” On the political front, developments have not been inspired confidence at all, from both those in power as well as those aspiring to hold power.
One can almost justify the cynicism most watchers of the Southern African country have developed over the years. In turn, their opinions shape the attitudes and outlook of everyday people who depend on these “educated opinions”. Given the foregoing, can one trust the opinions of the many “thought-leaders”, analysts and influential voices shapi…
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2016, What a Year: Bond Notes, Missing $15 bln and So on

2016, was always going to be a tough year. The seeds had been sown years prior, with the economy manifestly displaying signs of distress. Inflationary data was negative coming off 2015, and tightening lending by banks all but pointed to a severely weakening liquidity situation that had largely remained restricted to business circles, and big-shot private investors. As the year wore on however, this crisis eventually blew-up and started affecting the individual Zimbabwean at a very micro level, where it hurts the most.
Civil Service Bonuses
With some commendable level of foresight, finance minister Patrick Chinamasa had announced early in 2015 that it was government`s considered view that bonus payments for civil servants was a luxury it could no longer sustain, and hence bonuses were to be scrapped. However, at an Independence Day speech just a few weeks later, President Mugabe disowned Chinamasa`s pronouncements and took a populist stance, promising that government would continue to pa…

Zanu PF firmly holds the keys to Zimbabwe`s economic freedom. But first things first, the comrades gotta eat.

That Zimbabwe`s current state, economic or otherwise is directly linked to the state of affairs at the political top goes without saying. President Mugabe`s government has presided over Zimbabwe`s declining economic fortunes, and that is just the fact. Zanu PF sympathisers will lay the blame squarely on sanctions imposed by the western bloc of countries at the turn of the new millennium. On the other hand, backers of the opposition will point to misrule, corruption and lack of clear strategic policy direction as being the root causes of the country`s.
What is clear however, regardless of one`s personal political persuasion is that, how Zimbabwe`s economy is going to turn out in the coming years, is down to how Zanu PF will handle its internal party politics. It would be utterly na├»ve, to think that the economy will be top of mind for policy makers read (Zanu PF brains trust) before their personal interests are cemented in the ongoing party power struggles. This unfortunately is the cur…

Could the DRC be Africa`s richest country by 2035?

The DRC has grown at an average of 7.7% over the last five years, ahead of the sub-Saharan Africa benchmark and is forecast to grow by at least 8% this year according to the AfDB, making it one of the top rising economies in the world.

The good Africa stories keep coming, battling against “old” Africa with its civil wars and people threatened with famine.Over the next 20 years, some estimates project that Africa will have at least two billion people. Of these, 1.2-billion people will be living in urban cities, and 300-million of that urban population potentially earning $20 a day. If these statistics become reality, Africa could be a $2-trillion market annually. 
This paints a picture of a continent whose economic activity is on the rise. Six of the world’s 10 fastest growing economies of the last decade have been in Africa, hence the “Africa rising” catchphrase that has dominated economic reporting and discussion about the continent.  
While the economies of countries like Rwanda, Kenya…

3 key entrepreneurial lessons from Nigel Chanakira

It's a Thursday night, and despite the dipping temperatures of this July night, the room is packed and one can almost sense the optimism and excitement in the atmosphere. The event is “Pitch Night Thursdays,” and is organised by a local company that invests in good business ideas.
Entrepreneurs pitch their business ideas; then the floor is opened up for questions, suggestions and any other contributions to help accelerate the business ideas.  NeedIess to say, some of the ideas being discussed here are epic!
The immediate feeling one gets from these pitches is how eager Zimbabwe’s young people are to make things happen.  Yes the current economic climate makes Zimbabwe a less than ideal environment for entrepreneurs, with most if not all economic indicators pointing to a severely wakened economy. To say that things have been tough would be a massive understatement of.  And it is Zimbabwe's millennial generation- the country`s so called 'lost generation' that has been dealt…

Here is how some of the world`s major currencies got their names

There are over 180 currencies the world over as recognised by the United Nations that are used by millions in their day-to-day activities.  As globalization has spurred on international trade, currencies have become very fluid and transcend international borders. But have you ever stopped to think how some of the major world`s currencies got their names?
Here is a brief explainer on the origin of some of the world`s currencies, in no particular order of importance:
Pound The British Pound is the world`s most oldest currency still in use, tracing its origins as far back as the 8th century, while the South Sudanese pound which was introduced in July 2011 is the world`s newest currency.
The word pound has its roots in the Latin word “poundus’ which loosely translates to “weight” in modern English. Some of the countries that use the pound include Cyprus, Britain, Egypt and the two Sudanese countries.
Rand The Rand is predominantly used in South Africa, and was introduced as legal tender on 14 …

The Politics of Fear: What Donald Trump has in common with some African Leaders

Forget how condescending it might sound, but truth is, Africa has had its fair share of rather curious political leaders than the rest of the world.  Consider Jacob Zuma, who thinks he can laugh and giggle his way from being held to account, to chaps like Burundi`s Pierre Nkurunziza who think they can alter the constitution to their advantage and extend presidential term limits on a whim. Then there are the types of Laurent Gbagbo, who will flat out refuse to lose an election even when the results are glaringly clear. Africa has had these queer leaders in all shapes and sizes as it were.
And if latest events are anything to go by, America will likely have a taste of what it feels like to have leaders in the same mold of what Africans have more often than not been exposed to.
Enter Donald Trump!
Coming out of the recent Republic National Convention where like always he managed in spectacular fashion to contradict himself, lie, boast about his capabilities as a leader and as if that were n…