Zimbabwe-based entrepreneur Gus Le Breton, co-founder of baobab powder producer B’Ayoba, discusses the fruit’s commercial potential. Nigerian tycoon eyes lithium project in Zimbabwe Seth Onyango5 June 2024 Nigerian industrialist Benedict Peters’ Bravura Holdings will start production at a Zimbabwean...
Kenyan-built mobile money platform disrupts traditional banks’ hold in Eswatini Seth Onyango12 September 2024 A Nairobi-designed digital wallet service is nipping at the heels of Eswatini’s mainstream banks and telcos. Nigerian tycoon eyes lithium project in Zimbabwe ...
Latest reports suggest that many (indeed, most) of the cars are now painted National Railways of Zimbabwe blue & grey as shown in the photo below, courtesy of Rémi Favre. The Bulawayo-Vic Falls train may also now be using the 'new' sleeper class, standard class & economy class cars ori...
Yes, they may have ‘brought in millions’ in investment, but how many billions are they exporting? Why does Zimbabwe owe China that much if we are development partners? Commercial banks, finance houses, bureau de change, and building societies should be left to practice their expertise without...
governments are now intervening much more than they did previously. Many have lost patience with the Washington Consensus. The benefits of its most straightforward reforms, such as independent central banks and ministries stuffed with professional economists, have already been reaped; the institutions tha...
and charity. Their creditors, and there were many, were to be paid with what remained. There were many months when Betty informed them that we weren’t going to have enough money to fund their three piggy banks and the creditors. This was the motivation they needed to find extra money. ...
The coronavirus outbreak, and the rapid spread of the virus, had many governments scrambling for ventilators, PPEs and test kits. In the panic, some saw an opportunity to profit. Dedja’s Zimbabwean partner, Nguwaya, a career criminal with pending cases for drug possession, extortion...
Some critics of the program alleged it would cause a spike in inflation in the U.S. dollar, but inflation peaked in 2007 and declined steadily over the next eight years. There are many complex reasons why QE didn't lead to inflation orhyperinflation, though the simplest explanation is that ...
Money is an intangible system of value that provides the means for the ongoing exchange of goods and services in a society. Money has taken many forms since it overtook the system of bartering. Currency is a tangible form of it. So, instead of, say, bartering agricultural produce for the...
Fiat money gives governments greater flexibility to manage their currency, set monetary policy, and stabilize global markets. It also allows forfractional reserve bankingwhich lets commercial banks multiply the amount of money on hand to meet demand from borrowers. What Are Some Alternatives to Fiat ...