Price controls, tinkering with the deck when the titanic is sinking

Price controls, tinkering with the deck when the titanic is sinking

By Jacob Mafume AN unrelenting inflationary environment has characterised our economy for over three months, the surge of prices has become one of the biggest challenges in the lives of Zimbabweans. Any attempt to mitigate the effects of the scourge or combat inflation must normally be applauded; ZANUPF however brings a new twist to the whole matrix. The ZANUPF politburo resolution on inflation is rather scary than it can be reason for celebration. In lightning speed fear takes the citizen back to 2007 when the effects of price controls almost…

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Misihairabwi pleads for sanitary pads

Misihairabwi pleads for sanitary pads

By Daniel Chigundu PROPORTIONAL Representation legislator Priscilla Misihairabwi-Mushonga has pleaded with Finance Minister Patrick Chinamasa to consider scrapping import duty on menstrual cups as sanitary pads crisis persist in Zimbabwe. Menstrual cups are an alternative to sanitary pads and are considered economical over time as the same cup can be used for close to 10 years. Presenting a motion on the cost of sanitary wear, in the National Assembly, Honourable Mushonga said menstrual cups should be included in the various rebates that Minister Chinamasa talked about in his 2018 National…

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Don’t focus on SMEs formalisation: Mugano

Don’t focus on SMEs formalisation: Mugano

By Daniel Chigundu ECONOMIST Gift Mugano has called on the government not to put much focus on formalising SMEs adding that the sector will soon fade away. Zimbabwe has an estimated 3.5 million SMEs operating in various sectors of the economy and it is widely believed that these SMEs are now the main economy. Some economists are of the view that government should put its all in trying to formalise these SMEs so that it can be able to collect tax from them in the future. Speaking during the post-budget…

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