Tag: Economic Downturn

Opinion: Indigenisation, Zim’s poisoned chalice

Opinion: Indigenisation, Zim’s poisoned chalice

CURRENT attempts to panel-beat the Indigenisation and Economic Empowerment Act are focussed entirely on achieving full compliance with the indigenisation objective. The ministers who are tasked with enforcing changes of ownership of targeted business assets are no doubt hoping that we will all believe that the empowerment component of this Act […]

Mugabe’s Zanu PF happy despite Zim rot

Mugabe’s Zanu PF happy despite Zim rot

DESPITE the myriad political and economic challenges ravaging Zimbabwe, President Robert Mugabe’s post-congress Zanu PF says its much-maligned government has done well over the past 36 years, blaming worsening poverty levels in the country on global economic turbulence. Party spokesperson Simon Khaya Moyo told the Daily News yesterday that the former […]

Opinion: Let the Games Begin

Opinion: Let the Games Begin

IN 1980, on the eve of Independence, this small African country was at war with itself, had been under United Nations Sanctions for 14 years and was not in receipt of any aid or assistance from anyone. It was unable to borrow money on the world market and had to […]