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vincemusewe

@vincemusewe

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Economist.

Harare
Joined March 2012
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@vincemusewe
vincemusewe
2 years
You cannot attract investors and build confidence in your currency while you destroy the property of your citizens and disposess them of land which they have invested in. It's a contradiction.
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@vincemusewe
vincemusewe
2 years
Zimbabwe does not have a currency problem it has a confidence problem which masquerades and manifests as a common preference for the USD.
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@NewsDayZimbabwe
NewsDay Zimbabwe
2 years
šŸ”“THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar. https://t.co/NudfMs5XfO
newsday.co.zw
Economy edges towards full dollarisation
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@vincemusewe
vincemusewe
2 years
An economy that survives from crisis to crisis simply indicates that you are not addressing root causes but symptoms.
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@vincemusewe
vincemusewe
2 years
The formal sector is not uncompetitive because of the informal sector. The informal sector emerged out of economic mismanagement and destruction of formal sector. You need an approach which resolves those policies which are making formal sector uncompetitive.
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@ali_naka
African
2 years
Fellow Africans, your rulers are summoned to USA, Russia, China, FRANCE, Japan, UK, now in Saudi Arabia? How do they reconcile all these Interests from different players? I put it to you that all these countries summoning them know what they want from Africa. African rulers are
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@vincemusewe
vincemusewe
2 years
Everyone has an opinion on this Tshabangu conundrum but I am yet to see a full grasp of both internal and external forces at play besides blaming ZanuPF. Who benefits, who loses and why? is a good place to start.
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@vincemusewe
vincemusewe
2 years
Quote: "The judge said the legislators had made a ā€œmortal errorā€ by failing to cite the party - CCC - as a respondent in their application." End quote. Eish....
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@vincemusewe
vincemusewe
2 years
We have to shape a new competitive and inclusive economy where best ideas prevail. We must destroy patronage and sub standard business practice, services and products. Only until then can we claim economic freedom for all.
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@vincemusewe
vincemusewe
2 years
I have been at pains to explain to our politicians that such issues have a direct impact on risk perception of the country and dent the confidence levels in our economy.
@NewsDayZimbabwe
NewsDay Zimbabwe
2 years
šŸ”“A VISIT by Belarus’s army general Viktor Sheiman has raised eyebrows.Sheiman, who is under European Union and United States sanctions over human rights abuses and shady business deals, previously visited the country to negotiate personal deals. https://t.co/tiCLDSj5x9
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@vincemusewe
vincemusewe
2 years
Very few countries which dollarised have managed to completely de- dollarise.
@lindamuriro
Linda Muriro
2 years
In pursuit of better understanding of what the multi-currency use extension in Zimbabwe really means for us. Make a date and tune in.
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@vincemusewe
vincemusewe
2 years
The ability to think and come up with best solutions for the complex problems we face as a country is critical. Thinking skills in a complex dynamic world are a skill that has to be learnt and developed. Our politicians just don't have such.
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@vincemusewe
vincemusewe
2 years
I have always asserted that the term "conflict of interest" does not seem to exist in our political vocabulary.
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@vincemusewe
vincemusewe
2 years
In any country where political considerations and interests come first. The economy naturally suffers as it becomes subordinate and a casualty to vested political interests.
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@vincemusewe
vincemusewe
2 years
As we seek to understand the complex problems we face be they political or economic we tend to over simplify that A causes B so that we can pretend to understand and yet there are no direct and pure correlations among events esp where human interests are involved. A can cause Z
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@vincemusewe
vincemusewe
2 years
No country that dollarised has ever managed to completely de-dollarise. This is simply because citizens always prefer to hold assets in USD. Dual currency is next.
@newswireZW
newZWire
2 years
Govt says the multicurrency system will stay until 2030. This extends the previous ā€˜deadline’ by 5 years. Last year, Govt gazetted SI 118A which guaranteed that Zim would stick to multicurrency until 2025. The uncertainty has seen banks reluctant to lend long-term, hurting
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@vincemusewe
vincemusewe
2 years
If Zimbabwe could only have a meritocratic culture and accountability that would have immediate impact on economic growth prospects and begin to build the necessary confidence for own currency. It's more about values than economic policy.
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@vincemusewe
vincemusewe
2 years
I am still trying to comprehend this statement.
@HStvNews
HStvNews
2 years
The @CCCZimbabwe says it’s now back in business after two weeks of disengagement
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@vincemusewe
vincemusewe
2 years
Most countries which dollarised have not fully de-dollarised. It's very difficult especially when it comes to those who seek to continue to protect their usd assets. Capital flight will be the result as funds are tranfer offshore.
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