Currency Stabilization Task force confirms mishandling of the economy, says Mashakada

By Dr Tapiwa Mashakada The causes of macroeconomic instability and monetary policy effectiveness have long been identified. These are (a) a debauched mono currency which has been rejected by the market (b) failure to de-dollarize because the market has self dollarized (c) inadequate forex to sustain a market-driven but managed float and hence the buoyance …

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Sorry Mr Biti, I will not remove SI 142, says Mthuli

By Nkanyiso Ncube Harare East legislator Tendai Biti yesterday called on Finance and Economic Development Minister Mthuli Ncube to repeal SI 142, of 2019 saying the attempt to de-dollarise has failed. Speaking in the National Assembly during question and answer segment Biti said conditions for de-dollarisation did not exist adding that government’s strategy to make …

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