Zimvest

 The Zimbabwe Revenue Authority the government’s chief revenue collection agency has undergone a lot of structural and operational changes since the inception of the coalition government and just recently it announced collections which it has made in the last three months ending 30 September 2011. While the collections made by Zimra may show its improving [...]

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Foreign direct investment into the country has been trickling in since the start of the coalition and it has been mainly concentrated in mining industry. Indeed the on-going empowerment controversy and the unresolved issues in the coalition government itself continue to militate against any meaningful foreign investment flowing into the economy. However in this piece [...]

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GOLD OR COMMODITY BACKED CURRENCY IN ZIMBABWE? Since 2009 when the country officially adopted the so-called multiple currency system following the demise of the Zimdollar, there have been some muted calls for the return to a local currency because of certain obstacles associated with the use of foreign currency as legal tender in the country. [...]

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Since well before the dollarization of the economy in 2009 a lot people had grown dissatisfied with the banking system as the withdrawal limits and inflation had left a lot funds totally decimated. The high service fees and low interest on deposits meant that for the most part the exercise of banking was a costly [...]

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The central bank recently announced new regulations on real estate property sales limiting the money that can be accessed by the seller to the initial $50000 and the rest will only be accessed over a year. This is what was contained in the monetary policy statement in late July 2011 and implementation seemed to have [...]

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For several years now officials always bemoaned the fact that the country is in the business of exporting primary products ranging from tobacco, chrome ore, gold and now rough diamonds and quite correctly the revenues accruing from these are just a fraction the country could potentially receive if it processed these. In any case the [...]

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While the country struggles to attract foreign direct investment due to a host of reasons which unfortunately dampen foreign investor confidence towards the country, there is however the often forgotten group though economically important group; the country’s expatriates or Diaspora, a group that could potentially fill this void. While indeed the policies of the past [...]

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