Zim’s actual GDP distorted by corruption

Zim’s actual GDP distorted by corruption http://www.theindependent.co.zw/ May 17, 2013 in Opinion The size of any economy, its growth or shrinkage, is generally determined by evaluation of the country’s Gross Domestic Product (GDP). Column by Eric Bloch The Zimbabwe Statistical Agency (Zimstat) regularly measures Zimbabwe’s GDP, and assiduously strives to determine it as accurately as reasonably possible. It …

Zim paying the price for ‘successful’ land seizures

Zim paying the price for ‘successful’ land seizures http://www.theindependent.co.zw/ May 17, 2013 in Opinion We were struck by the Herald’s claim that President Robert Mugabe should be commended for securing food supplies from Zambia and thus averting starvation. By The MuckRaker Last week Zimbabwe and Zambia signed a government-to-government agreement for Zimbabwe to import 150 000 tonnes of …

The time for hate-mongering is over

The time for hate-mongering is over http://www.thezimbabwean.co.uk/ 09.05.13 by Obert Gutu The future has arrived. Tomorrow is now here. This is a call for action. The time for hate-mongering and mud-slinging is over. A New Zimbabwe is beckoning and this is our generational challenge to rise and shine. The politics of confrontation should be discarded to the …

Zimbabwe has potential to reach US$100 billion economy—Makoni

Zimbabwe has potential to reach US$100 billion economy—Makoni http://www.thestandard.co.zw April 28, 2013 in Business ZIMBABWE has potential to achieve a US$100 billion economy earlier than 2020, despite a ballooning external debt overhang and only requires right leadership and personality, a former finance minister has said. Report by Moses Chibaya The country’s external debt of over of US$10 …

Look forward, not backwards

Look forward, not backwards http://www.thestandard.co.zw April 21, 2013 in Editorial, Opinion Zimbabwe has a US$10 billion economy, while the global economy is pegged at US$700 trillion; a speck of dust on a megalith. Economically, Zimbabwe lags behind most countries in sub-Saharan Africa including Mozambique. If Zimbabwe puts all its ducks in a row, it will overtake Mozambique’s gross domestic …

Biti orders Farmer’s World probe

Biti orders Farmer’s World probe http://www.thestandard.co.zw April 21, 2013 in Business FINANCE minister Tendai Biti has ordered a probe into the affairs of the Zimbabwe Farmers Development Company (ZFDC) after government was forced to settle its Chinese loan. REPORT BY KUDZAI CHIMHANGWA But ZFDC has insisted that its books of accounts are in order. The company is jointly …

Poverty datum line increases by 1%

Poverty datum line increases by 1% http://www.thezimbabwean.co.uk/ 20.04.13 by Rebecca Moyo THE Zimbabwe Statistical Office (Zimstats) said the National Food Poverty Line for March as measured stood at US$34,84 per person, an increase of 1 percent from US$34,5. The International Labour Organisation recommends that the PDL should be used as a benchmark or reference point in determining minimum …

Zimbabwe: Why Is One of the World’s Least-Free Economies Growing So Fast?

Zimbabwe: Why Is One of the World’s Least-Free Economies Growing So Fast? Policy Analysis – Cato Institute   By Craig J. Richardson   March 18, 2013 Between 2009 and 2011, Zimbabwe’s GDP growth averaged an impressive 7.3 percent, making it one of the world’s fastest-growing countries. Yet World Bank governance indicators place Zimbabwe’s government among …

Economy can be turned around in a year – Taffs

Economy can be turned around in a year – Taffs   The Zimbabwean 24 January 2013   The President of the Commercial farmers’ Union, Charles Taffs (CT), is optimistic that with committed participation of all stakeholders and investor friendly policies in place, the ailing economy of Zimbabwe can be resuscitated in 12 months. He told …

Newly-resettled farmers reel from AgriBank loans

Newly-resettled farmers reel from AgriBank loans http://www.theindependent.co.zw February 25, 2013 in News NEWLY-resettled A2 farmers in Mvurwi, Mashonaland Central province are living on the edge after AgriBank issued final letters of demand urging them to settle outstanding debts or their properties lodged as collateral would be auctioned, the Zimbabwe Independent has established. Many A2 farmers have been struggling …