Tuesday , 30 September 2014
You are here: Home / Author Archives: The Fingaz

Author Archives: The Fingaz

Editorial | Govt turning screws

THE economy is now in free-fall. This much was confirmed by Finance Minister Patrick Chinamasa when he presented his mid-term fiscal policy statement a fortnight ago. Chinamasa’s budget did not take into account the difficulties the country’s hard-pressed population is facing — there was no tax relief for the struggling working population or reprieve for the grappling-to-survive industrial sector. Our ... Read More »

Editorial | Let’s think big, long

THE proposed dualisation of the Harare-Beitbridge highway is a welcome development. This is a project, which was mooted over a decade ago and the need to dualise it only took into account the volume of transport at the time.  There is therefore need to review this position and consider the possibility of having a minimum of at least three lanes ... Read More »

Editorial | A gloomy budget

FINANCE Minister Patrick Chinamasa’s budget review was gloomy, but this had been largely expected. The Treasury chief is currently confronted by one of the worst challenges of any finance minister in the world, with, as the International Monetary Fund noted in its last report on the country, an economic environment that remains difficult, posing significant risks to the budget. Not ... Read More »

Editorial | Generational disconnect in politics

THE Movement for Democratic Change (MDC) led by former Prime Minister Morgan Tsvangirai will be having its elective congress next month — five months after it was ripped apart by internecine infighting between those for the maintenance of the status quo and the renewal team, headed by its former secretary-general, Tendai Biti. In December, ZANU-PF will be holding theirs, hoping ... Read More »

Editorial | RBZ initiative needs support

FORMER Reserve Bank of Zimbabwe (RBZ) governor, Gideon Gono, whose tenure was characterised by an unprecedented economic meltdown, had what later turned out to be a very familiar phrase to all his monetary policy statements — failure is not an option. Then, the economy was on a downward swing. The trajectory it had taken was discomforting to every Zimbabwean, and ... Read More »

Editorial | The mega denials

IT was reported in the State media that President Robert Mugabe and “a high powered delegation” travelled and signed “mega deals” with our friends from the east. No figures were given. But after all the analysis and calculations, China offers little hope as the Zimbabwe government still refuses full responsibility. The economy remains in a sorry state. It is caught ... Read More »

Editorial | Govt should save POSB

THERE is a potentially devastating financial situation at the People’s Own Savings Bank (POSB), created by government to mobilise savings and promote a savings culture across the country. With the widest network in the country, POSB, for over 100 years, served both urbanites and rural folks, particularly those within the low income range. There are many people who will testify ... Read More »

Editorial | The fear of Ebola

ZIMBABWE’s state of preparedness against the rising tide of Ebola has been questioned in many quarters. It is a legitimate concern considering the country has failed to deal with cholera and typhoid in the past.  Our health delivery system is currently in shambles — poor staffing, brain drain and lack of funding are some of the perennial issues that our ... Read More »

Editorial | Chinese bailout doubtful

PRESIDENT Robert Mugabe this week left for China “largely looking for investment of an infrastructure nature,” according to his spokesman, George Charamba. Reports earlier had suggested that President Mugabe would embark on this trip to seek an economic bailout package from what his government, buffeted by sanctions from the United States and her allies, has considered an all-weather friend. The ... Read More »

Editorial | The succession debate

SUCCESSION is a matter of national concern, especially when it affects the well-being of the nation. The bane of our political leadership whether it be in ZANU-PF or Movement for Democratic Change has been over succession. Personal attacks, back-stabbings, bloggers secretly working alongside politicians — these have all been factors eating at the core of the Zimbabwean body politic. Daily ... Read More »