Thursday , 21 August 2014
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Author Archives: The Fingaz

Editorial | Tourism policy inconsistent

TOURISM Minister Walter Mzembi is determined to bring back the shine and goodwill of Zimbabwe and make the country an attractive place for all visitors. For this to happen, there must be unity of purpose and harmony in all government departments. Indeed it is not a secret that Zimbabwe is endowed with a diversity of world class tourism attractions that ... Read More »

Editorial | NSSA decision right

PLANS by the Ministry of Finance to wrestle control of the compulsory pension scheme, the National Social Security Authority (NSSA), from the Ministry of Public Service, Labour and Social Welfare were long overdue. For a long time, NSSA has been dogged by controversy and has acted as an errant player on the pensions market, insulated from statutes that govern the ... Read More »

Editorial | Govt should bail out economy

ZIMBABWE’S economy is still nursing a troubled past and the economic wounds inflicted by a decade-old crisis, which subsided briefly but took a new trajectory after dollarisation in 2009, and these are yet to heal. This was evident from President Robert Mugabe Heroes’ Day address this week, in which his admission that the economy was in a quandary was veiled ... Read More »

Editorial | The silent invisible heroes

THE war heroes who fought for the liberation of this country from the yoke of colonialism deserve recognition and respect by the generality of Zimbabweans in their tribal, racial and political diversity. We will forever salute these sons and daughters of the soil. But that should not be our only definition of hero. It is sad that we now live ... Read More »

EDITORIAL: Quest Motors should be applauded

A LOCAL private company is seeking new markets outside Zimbabwe for vehicles manufactured at its local plant because of poor demand in the country. The initiative should be supported. While it would have been ideal for Quest Motors to get support domestically for its vehicles, the reality is that Zimbabweans are so illiquid that they can’t afford brand new vehicles ... Read More »

EDITORIAL: The Chingwizi horror

THE one year anniversary of the July 31 elections has been tainted by the tragic situation at Chingwizi camp in Mwenezi. There is no way as a country we can celebrate when some of our kith and kin are living in the veldt in makeshift shelters, waiting for food handouts from donor trucks, children not going to school, women and ... Read More »

Media ban from Fiscal Court unconstitutional

ON July 21 High Court judge, Justice Samuel Kudya, barred the media from covering the Fiscal Appeal Court, after an application by South African-based lawyer, Advocate De Bourbon who cited Section 65 (7) of the Income Tax chapter 23:06 which protects private companies from the media. Such a pronouncement cannot go unchallenged.  While we are always demanding that public institutions ... Read More »

EDITORIAL: It is our policies!

THE business community and the general public were last week disturbed when Finance Minister Patrick Chinamasa blamed the US dollar regime for Zimbabwe’s current economic woes. The fear was that government, getting desperate in its failed efforts to turn around the fragile economy, would abruptly bring back the Zimbabwe dollar. Nothing is as detested as prospects of an early return ... Read More »

EDITORIAL: A disaster in the making

ELSWHERE in the current edition of Financial Gazette, we carry the story about Zimbabwe’s dwindling wheat production figures, which will this year hit an all-time low of about 10 000 tonnes. This is sad for a country grappling with a liquidity crunch and which desperately needs to ramp up output in all its agricultural sectors to either earn foreign currency ... Read More »

EDITORIAL: Let’s get real

EVERYONE knows that the Zimbabwe government is bankrupt and has been in this state for many years. It is not just financially bankrupt but bereft of ideas and solutions to the prevailing economic crisis.  To sum up the situation, given its precarious position and the perceived political forces working to worsen it, the Zimbabwe government is facing a completely impossible ... Read More »