The post covid world presents a serious challenge ahead for emerging markets & ever so for small countries like Zim. The trigger will be the rise in interest rates by the FED.
Another global headwind is China. Bail outs & rise in debt levels.
Another global headwind is China. Bail outs & rise in debt levels.
An interesting debate is on how rises in commodity prices don’t translate to extra income for commodity exporting countries in the LR. Imports increase & other industries suffer.
Small countries unfortunately can’t have diversified economies in a globalising economy. They’re simply not competitive enough.
A small nation with its own currency is a disaster when the number 1 risk in AFRICA is currency risk.
A small nation with its own currency is a disaster when the number 1 risk in AFRICA is currency risk.
Zimbabwean businesses and GOZ should agree on abolishing the auction. It does devastating harm to the economy.
We cannot be satisfied with a 15m people market. SADC is 350m & Africa 1.4bn people. The auction blinkers industry & inward looking.
We cannot be satisfied with a 15m people market. SADC is 350m & Africa 1.4bn people. The auction blinkers industry & inward looking.
The only global industry Zim has produced are its people exports. Everything else is exactly how Ian Smith designed it. To be a closed economy.
Almost every price in Zim is GOZ determined. Only our people exports are free from GOZ clutches .
Almost every price in Zim is GOZ determined. Only our people exports are free from GOZ clutches .
The major difference between Mao & Deng is that Deng was outward looking while Mao was inward looking.
Deng allowed free markets.
As Zim, the world has forgotten us. It’s up to us to rethink and finally kill Ian Smith mentality
Deng allowed free markets.
As Zim, the world has forgotten us. It’s up to us to rethink and finally kill Ian Smith mentality
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