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No matter who’s doing the eating… CORRUPTION IS CORRUPTION

No matter who’s doing the eating… CORRUPTION IS CORRUPTION

By Ranga Mberi THE list of people always lining up to spend public money never gets short. There will always be a long queue of people lining up at Treasury, each of them convinced that they are more entitled than the next person to be next to dip their snouts into the national trough. The […]

It’s economic interests, stupid! Why SA will always stand with Zim

It’s economic interests, stupid! Why SA will always stand with Zim

By Ranga Mberi AS PRESIDENT Robert Mugabe celebrated his victory in the 2002 presidential election, the very first visitor to arrive at State House to toast the victory was Jacob Zuma. According to his office at the time, Zuma, who was then South Africa’s deputy president, “congratulated Mugabe on his re-election”. It was a bit […]

Zuma, Mugabe seek closer ties

Zuma, Mugabe seek closer ties

By Lovemore Ranga Mataire HARARE-CLOSE regional allies Zimbabwe and South Africa this week sought to deepen political and economic ties by holding an inaugural Bi-National Commission (BNC) in Harare. The BNC discussions, which started on November 3, were expected to end on November 5 after the signing of several bilateral agreements. Zimbabwe’s Foreign Affairs Ministry […]

Namibia’s home-grown doctors make a difference

Namibia’s home-grown doctors make a difference

By Pumza Fihlani WINDHOEK-DR TJAMENA Murangi is seeing to a patient with a large infected wound on her arm – it is swollen and has lost colour. “Sorry Sisi, sorry,” he says in his soft-spoken voice, as he gently cleans her wound. His patient sits still but her face contorts with pain in a hospital […]

Turkish Airlines eyes Zim skies

Turkish Airlines eyes Zim skies

By Wallace Mawire HARARE-TURKISH Airlines is preparing to open a new route into Zimbabwe, according to Hidayet Eris, Turkish Ambassador to Zimbabwe, in a recent presentation at the country’s 93 independence anniversary held in Harare. Ambassador Eris said that currently Turkish Airlines has direct flights to Johannesburg, Capetown, Durban, Mozambique, Madagascar and Mauritius. The ambassador […]

SA, Burundi and Gambia spark ICC exodus

SA, Burundi and Gambia spark ICC exodus

By Ranga Mataire and Timo Shihepo THE International Criminal Court (ICC) is facing a watershed moment after three African countries announced they were withdrawing their signatures from a treaty binding them to the court, in a protest move over what they see as racial targeting of Africans. Last week, Burundi announced its intention to leave […]

Africa Rising, State Capture and other myths

Africa Rising, State Capture and other myths

By Mkhosana Mathobela Bingweni THE political domination and economic exploitation of Africa has always been covered up with a thick blanket of myths and illusions. Slavery and colonialism as violent and genocidal as they were, creatively were couched and represented to Africa and the world as civilisation and modernisation of Africans by benevolent and God […]

HARD SELL: Zimbabwe’s apex bank has trust issues

HARD SELL: Zimbabwe’s apex bank has trust issues

By Ranga Mberi WHAT happens when a nation has lost faith in its institutions? In Zimbabwe, John Mangudya, the governor of the Reserve Bank of Zimbabwe, knows best the answer to that. Faced with a serious shortage of cash, the result of Zimbabwe’s high import bill and weak exports, he had to come up with an […]

African systems built for corruption – What if we all refused to pay bribes?

African systems built for corruption – What if we all refused to pay bribes?

By Ranga Mberi HIDDEN in the pile of words and figures that made up the Zimbabwe Revenue Authority’s quarterly report last week was a poignant admission by its chair, Willia Bonyongwe. Tip offs from the public, Bonyongwe said, had unearthed corruption running into millions. “The anti-corruption hotline has been a source of valuable information and it […]

Southern Africa trade challenge

Southern Africa trade challenge

By Magreth Nunuhe SWAKOPMUND–SOUTHERN Africa needs to strengthen and modernise its rail network in order to reduce logistical costs and increase competitiveness, according to Michelle Tinkhoff, Sales Director of the Southern African Cluster for global transportation and logistics company, Kuehne & Nagel. This, she said, can be done through a proven Build Operate Transfer (BOT) model […]

Mauritius most competitive economy

Mauritius most competitive economy

By Tatenda Gwaambuka THOUGH African economic performance remains underwhelming, there is much hope for the future. Mauritius is the 2016-2017 most competitive economy in Sub-Saharan Africa according to the World Economic Forum’s “Global Competitiveness Index”. This means Mauritius edged out South Africa which places second in the regional standings and 47th in the global list. Mauritius […]

Nam cuts budget by R6bn- Treasury moves to contain spending

Nam cuts budget by R6bn- Treasury moves to contain spending

By Timo Shihepo WINDHOEK–THE Namibian government has started reorganising its spending habits in a move to mitigate the country’s liquidity crisis. Treasury has ordered budget cuts to shore up the country’s cash reserves and avert a slide into economic recession. The Southern Times has learned that Namibia’s treasury is looking at making a 10 percent saving […]

Pull-out threat sobers up Cites- Namibia, Zimbabwe and SA score victory

Pull-out threat sobers up Cites- Namibia, Zimbabwe and SA score victory

By Mduduzi Mathuthu JOHANNESBURG-NAMIBIA, Zimbabwe and South Africa – backed by Zambia – scored a partial victory at the Convention on the International Trade in Endangered Species (Cites) meeting in Johannesburg this week when they blocked attempts to upgrade elephants to an “Appendix I” listing – which bans all trade. After suffering several reversals, including a […]

Reaping the profits of failure in Africa

Reaping the profits of failure in Africa

By Ranga Mberi RECENTLY, Zimbabwe’s Transport Minister announced the country planned to ban haulage trucks from transporting “bulky goods”. A new regulation was in the works to force transporters to use rail and not the road, Minister Joram Gumbo said, “because if we allow big trucks to ply our roads they will be destroying our roads and […]

Angola finds US$8m ‘pure diamond’

Angola finds US$8m ‘pure diamond’

Business Reporter THE Lulo mine, which Australian miner Lucapa owns in conjunction with Angola’s State-owned miner Endiama and Rosas & Petalas, has delivered its fifth diamond weighing more than 100 carat for the year, this time producing a 172.67-carat diamond. The 172.67 ct diamond weighs about 35 grams and Lucapa says it is colourless and […]

How SADC is faring on drought response

How SADC is faring on drought response

By Mpho Tebele Gaborone- A Southern African Development Community (SADC) report on the update of the region’s ongoing response to El Nino-induced drought shows that member states are still struggling to close the gap of millions of money needed to mitigate the situation. The report dated 12 September 2016, said the Food and Agriculture Organisation and […]

Declining openness a major threat to global competitiveness

Declining openness a major threat to global competitiveness

Geneva – A 10-year decline in the openness of economies at all stages of development poses a risk to countries’ ability to grow and innovate, according to The Global Competitiveness Report 2016-2017, which was released on September 28. The report is an annual assessment of the factors driving productivity and prosperity in 138 countries. The […]

‘Let everything burn’ – Scorched earth politics in Zimbabwe

‘Let everything burn’ – Scorched earth politics in Zimbabwe

By Ranga Mberi WHEN Aliko Dangote, Africa’s richest man, announced plans for a US$400m investment into Zimbabwe, the reactions in the country were instructive. Great news, one would think, especially with Zimbabwe being the region’s laggard in attracting investment. But this is Zimbabwe, an angry country. Reaction to the Dangote news told a story of a […]

EU boosts African economies to counter migration

EU boosts African economies to counter migration

By Magreth Nunuhe WINDHOEK–THE European Commission has tabled an ambitious plan to stimulate African economies as a means of countering rapid migration to Europe. EU Ambassador to Namibia, Jana Hybaskova, on Monday announced the EU’s External Investment Plan to support investment in its partner countries in Africa and poor parts of Europe. The fund will be […]

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