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My view: 2012

My view: 2012: Happy new year! Not much changed from the last.. Arsenal got beaten again. I guess you get used to it to a point you no longer feel the pinc...

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Civil Service Reform

Let me begin with this. I am not against civil service. There are many examples of excellence by civil servants working hard for the country. In many cases these civil servants work for little pay and are often not recognized for the work they do. All too often the guys excelling in very difficult circumstances are overlooked for political and/or personal reasons. However, lets be real, these guys are in the minority. At least over the last 8 years. I begin looking at civil service reform because of the size and effects on the economy. Depending on which source you believe Zimbabwe's GDP sits at between $7.3 billion to $14 billion. So if that is the case the amount of money consumed by government is anything from 30%-50% of GDP. Such a statistic is very worrying. Let me put it in a simpler understanding. If you make a dollar, government will consume between 30 to 50% of that. This does not encourage enterprise nor does it encourage investment. This is what government should...
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New year

I hardly have treated this blog well as I have not been very consistent. I will attempt to do so now. This year's struggle for me is to get purchase my first accommodation. This is a difficult feat all over the world, but this is made doubly so in Africa with lack of credit, or should I say affordable long term credit. Don't get me wrong, I thank God everyday for being African and being blessed in some of the most difficult economies in the world. However, I think we as Africans need to have a true debate over what economic dispensation we want. I went to my bank the other day after feeling a little confident about my financial position (both my wife and I finally have a little left over every month after bills), and asked my banker for a loan to begin my quest to purchase a flat in Harare. The banker looked at me and indicated this was not possible to secure a property in Zim with a loan in Zambia (being an expatriate in Zambia) and I would have to bear ridiculously high inter...
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weakening of the economies in SADC

Hi out there. I have been a little predisposed to trying to force my little business survive in what is an increasingly hostile business environment. The hostility has largely been driven by weakening economies across the SADC region. it is estimated that a number of economies will produce less than impressive GDP results this year. Zimbabwe will probably do the worst with our GDP expected to end the year at 29 billion from 31 billion in 2018 (* source Tradingeconomics.com). Looking at the indicators across the region, all is not well. In Zimbabwe what is obvious is the ones who are running the show have returned to money printing which is running at odds with the tight fiscal policy that has been alluded to by our minister of finance in his transitional stabilization programme. In actual fact the resolve of the government has been found wanting as they have seen overtures rebuffed in their diplomatic engagement drive. The leadership in Zimbabwe has largely spurned the goo...
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