Columnist / Colls ndlovu
Change the RTGS$ to Dr Joshua Nkomo
The strength of money is synonymous with trust. Money is a store of value and a medium. It is an object which derives its value from trust, confidence and credibility. It is the lubricant that oils th...Published: 02 May 2019 at 07:16hrs | | by Colls Ndlovu
Zidera: Is Zimbabwe under sanctions or not?
Zimbabwe faces Zidera which was signed by US president George W. Bush into law in December 2001, allegedly to promote democracy and economic recovery in Zimbabwe.The question which arises of c...Published: 01 Apr 2019 at 12:20hrs | | by Colls Ndlovu
Encryption in Cryptocurrencies blows up
The recent death of Gerry Cotten in India in December 2018, the founder of cryptocurrency exchange, QuadrigaCX, has thrown the cryptocurrency market into disarray with reported missing cash, worth hun...Published: 05 Mar 2019 at 22:32hrs | 1 | by Colls Ndlovu
Beggar-thy-neighbour protectionist policy is decadent
Reports that the Zimbabwean government wants to liberalize fuel imports is a very significant development that will go a long way towards solving the country's artificial fuel shortages once and for a...Published: 03 Mar 2019 at 11:06hrs | 7 | by Colls Ndlovu
RTGS dollars and production
Pursuant to the introduction of the so-called RTGS dollars (not to be confused with the US dollars), the question which arises is: will production be triggered by the introduction of the so-called RTG...Published: 24 Feb 2019 at 10:41hrs | | by Colls Ndlovu
RBZ's interbank forex policy failed miserably in 2008
Just in case folks out there start jumping up and down ululating and eulogising at the forex trading liberalisation policy announced by the RBZ, a cursory look at the country's...Published: 21 Feb 2019 at 11:14hrs | | by Colls Ndlovu
RTGS is the electronic version of the bond note
Firstly, is the RBZ going to print the RTGS dollars or not? Either way the effect is the same because previously they created RTGS balances from thin air while physically printing bond notes. On...Published: 20 Feb 2019 at 16:37hrs | | by Colls Ndlovu
Four simple Rules to solve the Zim financial crisis
Rule number 1 Remove the bond notesRule number 2 Let Zimbabweans import their own fuel without a...Published: 20 Jan 2019 at 11:07hrs | | by Colls Ndlovu
The fallacy of production in Zimbabwe!!
There is this fallacy in Zimbabwe and among Zimbabweans that production is a pre-conditionality for economic revival. This view unfortunately misses the point altogether. Zimbabweans do not seem...Published: 10 Jan 2019 at 12:45hrs | | by Colls Ndlovu
Is production a pre-requisite for Rand usage in Zimbabwe?
Firstly the bond note needs to be abolished or removed from the multicurrency system.Once you have removed the bond note, you have restored credibility in the currency (that is US$s, Rands, et...Published: 29 Dec 2018 at 09:42hrs | | by Colls Ndlovu
Zimbabwe's economic recovery plan (Zim Plan)
Stagflation is caused by the simultaneous occurrence of economic stagnation and inflation. This state of economic affairs within a country is characterised by the twin evils of economics, that is to s...Published: 28 Dec 2018 at 18:35hrs | 1 | by Colls Ndlovu, economist
Is Tobin tax regime helpful?
Against the backdrop of the ongoing debate and rhetoric about the recently proposed 2% transaction tax which was announced by Finance minister Mthuli Ncube, ostensibly to widen Zimbabwe's tax base....Published: 09 Nov 2018 at 06:21hrs | | by Colls Ndlovu
You shall not crucify Zimbabwe on a cross of bond notes
RECENT dramatic events arising from allegations that certain officials of the Reserve Bank of Zimbabwe (RBZ) have been involved in currency malfeasance using the bond note as their lever to execute tr...Published: 03 Nov 2018 at 08:08hrs | 5 | by Colls Ndlovu
The perils of trade protectionism
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items — trade protectionism - is a dangerous drift towards the dreaded begg...Published: 21 Oct 2018 at 11:36hrs | | by Colls Ndlovu Financial Analyst
RBZ's monetary policy statement: 'It's the bond notes, stupid'
The monetary policy statement issued by the Reserve Bank of Zimbabwe (RBZ) on 1 October 2018 served as a precursor of how the new dispensation will handle economic and financial policies going forward...Published: 07 Oct 2018 at 14:26hrs | | by Colls Ndlovu, economist
Zimbabwe's currency options
IT goes without saying that pursuant to the adoption of the multi-currency system in Zimbabwe in January 2009 until about 2015, one could withdraw up to US$5 000 from an automated teller machine. Over...Published: 24 Sep 2018 at 07:28hrs | 8 | by Colls Ndlovu, Economist
Zimbabwe cash crisis solution
A Zimbabwean man shows off new bond notes outside a bank in Harare on November 28, 2016. Picture: Philimon Bulawayo/ReutersPursuant to the adoption of the multicurrency system in Zimbabwe unti...Published: 27 Jul 2018 at 15:27hrs | | by Colls Ndlovu
AmaKhumalo conference and Ndebele historians dismiss Nyamande claims
The AmaNtungwa (AmaKhumalo) Conference, which is the only legitimate voice of amaKhumalo as a collective, has dismissed claims by the so-called King Lobhengula ...Published: 11 Sep 2017 at 15:42hrs | 1 | by Colls Ndlovu
Colls Ndlovu accurately predicted the Ndebele king
In an article published in 2012 right here on Bulawayo24.com, historian Colls Ndlovu (aka Mncumbatha) accurately...Published: 23 Aug 2017 at 20:13hrs | | by Colls Ndlovu
Mzilikazi's great grandson dies
It is with deep regret and sadness that this morning 25 June 2016, the Zimbabwean people in general and the Ndebele nation in particular have learnt about the death of Prince Ngwalongwalo Mzilikazi Kh...Published: 25 Jun 2016 at 10:58hrs | 1 | by Colls Ndlovu
Zimra's tariffs bill is a dangerous drift towards the dreaded beggar-thy-neighbour policy
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items - trade protectionism - is a dangerous drift towards the dreaded be...Published: 18 Sep 2015 at 10:18hrs | | by Colls Ndlovu
Depreciation of the rand: Impact on Zimbabwe business
PURSUANT to the abolition of the dual exchange rate system, that is unification of the financial and the commercial rand) on March 10 1995 the unified rand was stable at around R3,60 to the US dol...Published: 02 Sep 2015 at 08:19hrs | | by Colls Ndlovu
Chinamasa deserves Nobel Prize in economics
IN its post-colonial history since 1980, Zimbabwe has gotten one big thing right, inter alia: the multi-currency system.To cut a long a long story short, Zimbabwe currently has arguably, the l...Published: 11 Aug 2015 at 08:32hrs | | by Colls Ndlovu
Letter and spirit of the multicurrency system
Against the backdrop of Zimbabwe's largely successful multicurrency financial system, a cursory analysis of its operational mechanics reveals that certain policy interventions are necessar...Published: 11 Aug 2015 at 08:13hrs | | by Colls Ndlovu
Return of the Zimdollar, now a Black Swan event
The Zim government's dogged determination to keep the multicurrency system is an even that has to be celebrated by the populace in general and the financial markets in particular. The fact that the Zi...Published: 21 Jan 2015 at 10:38hrs | | by Colls Ndlovu
Scotland faces a Zimbabwe moment on currency options after independence
THE ongoing financial ping pong between Scotland and the UK over which currency a potentially soon-to-be independent Scotland must opt for is a curious one indeed. Alex Salmond, Scotland's first minis...Published: 15 Sep 2014 at 18:45hrs | 1 | by Colls Ndlovu
Multicurrencies: impact of the Chinese currency
The recent addition of the Chinese currency, among others, into Zimbabwe's much-admired multicurrency system (which the new RBZ governor has already branded as being sin qua non to the Zim economy rev...Published: 30 May 2014 at 13:51hrs | | by Colls Ndlovu
Scotland faces a Zimbabwe moment on currency options
The ongoing financial ping pong between Scotland and the UK over which currency a potentially soon-to-be independent Scotland must opt for, is a curious one indeed. Alex Salmond, Scotland'...Published: 16 Apr 2014 at 11:04hrs | | by Colls Ndlovu
Zimbabwe kills one of the twin evils of economics
Inflation and unemployment are generally regarded as the twin evils of economics. A simultaneous occurrence of inflation and unemployment causes what is generally termed stagflation. That is to say, a...Published: 24 Mar 2014 at 14:12hrs | | by Colls Ndlovu
Fallacy of deflation in Zimbabwe
Disoriented by the economic ruin that afflicted them prior to the de jure adoption of the multicurrency system, and, still fresh from the perils of hyperinflation (inflation gone mad), Zimbabweans are...Published: 20 Feb 2014 at 15:24hrs | | by Colls Ndlovu
Multicurrency system: Zimbabwe continues to lead the world
For the first time ever in its de facto one party rule since 1980, one must agree that Zimbabwe has gotten one and only one thing right: ,i.e. the multicurrency system. This is one area where Zimbabwe...Published: 14 Feb 2014 at 15:46hrs | | by Colls Ndlovu
Liquidity shortage in Zimbabwe is an insane figment of imagination
Those gullible and credulous among Zimbabwe's so-called experts who have long labored under the grievous misconception that there is liquidity shortage within Zimbabwe's financial system have been dea...Published: 10 Feb 2014 at 08:19hrs | | by Colls Ndlovu
Liquidity shortage in Zimbabwe: myth or reality
Voluminous bagfuls of hot air have been spent by various economists of different ideological stripes debating about the alleged shortage of liquidity in the Zimbabwean financial system. The question ...Published: 28 Nov 2013 at 06:41hrs | | by Colls Ndlovu
Does Mugabe speak Ndebele or not?
If there is anyone out there who knows for real and without any equivocation whether or not president Robert Mugabe speaks Ndebele, can that person kindly confirm this fact during Mugabe's lifetime s...Published: 04 Nov 2013 at 10:10hrs | 3 | by Colls Ndlovu
Zim$100 000 000 000 000 000 000 000 000
The figure above is the last official currency in, real terms, that was issued as legal tender by the Reserve Bank of Zimbabwe if you add back the 13 zeros that had been slashed off the last Zim$100...Published: 31 Oct 2013 at 15:58hrs | | by Colls Ndlovu
Zimdollar versus the multicurrency system
The ongoing debate within Zimbabwe's financial markets about the possible return of the now-defunct Zimdollar serves to further destabilise the country's still fragile economy in general, and the fina...Published: 28 Oct 2013 at 16:07hrs | 1 | by Colls Ndlovu
Bosso set to invade Soweto in early November 2012
The dreaded Bulawayo football giants, Highlanders FC, will be flying into Johannesburg in early November 2012 to play Wits University FC at Orlando Stadium in Soweto. The forthcomi...Published: 28 Aug 2012 at 11:28hrs | | by Colls Ndlovu
Highlanders FC Membership cards, more details unveiled
Pursuant to perpetual requests and enquiries, from ...Published: 14 Aug 2012 at 10:41hrs | | by Colls Ndlovu
Bosso membership cards finally available for diaspora fans
The long wait is over. Pursuant to perpetual requests and enquiries, from Highlanders FC's plethora of diasporan fans, for membership cards to be made available to them, the official South African ...Published: 02 Aug 2012 at 13:56hrs | 1 | by Colls Ndlovu
King Lobengula was sacrilegiously assassinated by Cecil John Rhodes
In an obscure but revealing biography of Cecil John Rhodes written soon after Dr Leander Starr Jameson’s death in 1917, the biographer inadvertently let the pr...Published: 04 Jul 2012 at 09:49hrs | 1 | by Colls Ndlovu
Europe turns to Zim for financial lessons as advised by Byo24News
The ongoing meltdown within the so-called Eurozone, with Greece serving as its epicentre is a cause for concern. What is interesting however is that Europe has now turned to Zimbabwe for m...Published: 22 May 2012 at 11:38hrs | | by Colls Ndlovu
Highlanders FC: 'Fans say the Buck Stops Here'
The previous week's pledge by businessman Mr Abraham Phiri for monthly donations of FIFA - approved standard soccer balls, and the subsequent delivery of the first batch for February 2012 seems to h...Published: 03 Mar 2012 at 08:15hrs | | by Colls Ndlovu
Highlanders FC: The days of crisis should come to an end
The multitudinous supporters of the highly acclaimed Bulawayo giants, Highlanders FC , have begun what could change the fortunes of the Club for ever. The fans have vowed that they now want to h...Published: 23 Feb 2012 at 14:35hrs | | by Colls Ndlovu
Biti's voodoo inspired stone age budget
The eyebrows of tsikamutandas were probably raised by the Finance minister, Tendai Biti's opening paragraph which set the tone for his voodoo-inspired stone age budget speech. The finance mi...Published: 29 Nov 2011 at 18:40hrs | | by Colls Ndlovu
Zimbabwe's multicurrency system: a critical appraisal
Dollarisation entails the de jure abandonment of a country's own currency and ipso facto the adoption of a more stable currency of another country, generally the U.S. dollar as its legal tender. Howev...Published: 23 Nov 2011 at 17:29hrs | | by Colls Ndlovu
Zim offers a lesson that can rescue Europe from its Eurozone financial imbroglio
Adoption of the single currency by certain European countries (i.e. Eurozone members) brought into convergence hitherto disparate sovereigns whose economies were as different as day and night. ...Published: 18 Nov 2011 at 10:39hrs | | by Colls Ndlovu
The whys and wherefores of the Eurozone financial crisis
I have often been asked the fundamental question: what are the causes of the ongoing Eurozone financial crisis and why is it so difficult to solve it? The Eurozone financial crisis has its roots in th...Published: 17 Nov 2011 at 07:58hrs | 8 | by Colls Ndlovu
Matopos Hills, the other Heroes' Acre
THE month of September is very significant for Zimbabweans in general and for the Ndebele people in particular, not only because it is the month in which the annual Inxwala Reed dance is supposed t...Published: 29 Apr 2011 at 05:26hrs | | by Colls Ndlovu
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