SINCE November 2017, when president-elect Emmerson Mnangagwa took over from Robert Mugabe, the thrust of the new administration has been re-engagement with the international community in a bid to encourage foreign direct investment. All the while, business, economists and analysts have intensified calls on government to address the shortcomings in the country’s fiscal and monetary policies, calls which appear to have been ignored. Mnangagwa’s administration seems to have made some considerable progress in re-engaging the international community with its “Open for Business” drive that is claimed to have attracted up to $20 billion in investments and commitments, but the fiscal and monetary problems have, however, persisted without much indication of improving. IH Securities (IH), a local research firm, in a…