By admin on Mar 24, 2009 in Featured | 0 Comments
From Business Day (SA) by DUMISANI MULEYA, 24th March 2009
HIGH-ranking hardline elements within Zimbabwe’s military and members of the Zanu (PF) old guard are resisting political reforms and inevitable change, minutes of a meeting involving opposition Movement for Democratic Change (MDC) members say.
The minutes say this resistance would see Zimbabwe soon entering a perilous stretch [...]
By admin on Mar 10, 2009 in Featured | 0 Comments
From The Fingaz – Sunday, 08 March 2009
A LOCAL research group has warned that bringing back the beleaguered domestic currency into the monetary system could push the country back into the “underground economy”, severely undermining measures aimed at economic reform.
In a note to investors, the research unit of Kingdom Stockbrokers (KSB) said confidence in the [...]
By admin on Feb 26, 2009 in Uncategorized | 0 Comments
From The Zimbabwean – Wednesday, 25 February 2009
What happened to our R300 million? … and the Global Fund ?
Five prominent Zimbabwean bankers have emerged as front-runners to succeed Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono, as tough new conditions from the donor community have increased momentum for his removal from the helm of the [...]
By admin on Feb 23, 2009 in Featured | 0 Comments
From Business Report, SA – By Donwald Pressly, February 23, 2009
Finance ministers of the Southern African Development Community (SADC) will meet within a week to forge a rescue plan for Zimbabwe, after talks in Cape Town between President Kgalema Motlanthe and Zimbabwean prime minister Morgan Tsvangirai on Friday.
Motlanthe said that finance ministers including Trevor Manuel [...]
By admin on Feb 16, 2009 in Featured | 0 Comments
From BBC – Peter Biles, 16th February 2009
Zimbabwe’s central bank is at the heart of the nation’s economic decay, new Finance Minister Tendai Biti says, pledging to reform the institution.
With its economy in free fall, Zimbabwe would need South African help to recover, the Movement for Democratic Change politician told Reuters.
Zimbabwe has the world’s highest [...]
By admin on Jan 20, 2009 in Uncategorized | 0 Comments
From ZimOnline – Tuesday 20 January 2009 by Jameson Mombe
JOHANNESBURG – Zimbabwe’s central bank has proposed adopting neighbouring South Africa’s rand currency and a return to a free market economy, in an ambitious Plan B to pluck the country out of crisis with or without a power-sharing government with the opposition.
Marathon negotiations to salvage [...]