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Austerity measures: Is Zimbabwe drinking poisoned chalice?

On September 7, 2018, Mthuli Ncube was appointed as Zimbabwe's Finance minister. Being a technocrat he is, his appointment brought a breath of fresh air. At least, Zanu-PF was breaking with its past of recycling deadwood, especially when i…

Published: 20 Aug 2019 at 15:18hrs | 3 | by Cliff Chiduku

Austerity should not be just for the poor

Elsewhere on these pages, we carry a story about the impending shortage of bread and the expected price increases, barring immediate government intervention to address the wheat supply crisis facing the country.The story paints a grim pict…

Published: 16 Jun 2019 at 09:43hrs | 2 | by Editorial - The Standard

Zimbabwe in austerity-induced recession

"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Economic Prospects Report, revising downwa…

Published: 14 Jun 2019 at 08:22hrs | | by Tinashe Kaduwo

We have no choice, but to embark on painful reforms

When Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stagnation. A wholesale transformation and m…

Published: 14 Nov 2018 at 05:39hrs | | by E.D. Mnangagwa President

Austerity begins with the Executive, Mr Mnangagwa

As promised in our previous article, this week we focus on ways in which government can cut expenditure. It is a commonly accepted fact that our government has a weakness when it comes to spending. Government is unable to stick to any form…

Published: 01 Nov 2018 at 05:56hrs | 1 | by Paul Kaseke

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Search / Austerity

Austerity measures: Is Zimbabwe drinking poisoned chalice?

Austerity should not be just for the poor

Zimbabwe in austerity-induced recession

We have no choice, but to embark on painful reforms

Austerity begins with the Executive, Mr Mnangagwa

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