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Showing posts from February, 2011

Attracting Investment to State Owned Companies (Zimbabwe)

I read an interesting article on the way State Owned Enterprises in Zimbabwe are looking to raise finances: read the link http://www.theindependent.co.zw/business/29679-soes-bourse-faces-resistance.html . I can understand the attempts by some poor civil servant in the policy department of the responsible ministry wishing to raise funds, but some of the policies coming out of the economic ministries in Zimbabwe right now are very myopic. Don't get me wrong, I am not challenging the intelligence of the civil servants, but 10 years of sanctions has had an effect on the caliber of ideas coming from the ministries. I guess it is because a lot of the civil servants no longer get exposed to working economic systems. This is because depending on who you may believe, sanctions or economic mismanagement has seen the government fail to hold onto experience. Until a few years ago I was one of the policy makers in Zimbabwe and I understand the difficulty they are facing in crafting policy. How