By Matt E.T. Matigari, HARARE, July 26 (The Source) – The Reserve Bank of Zimbabwe (RBZ), and its principals, are solely responsible for the most extensive and sustained drain of wealth and destruction of people’s welfare in Zimbabwe’s colonial and post-colonial history.
By Hannah Ryder, BEIJING – A few months ago, a New York Times magazine cover was emblazoned with the question “Is China the World’s New Colonial Power?” The notion that China is a twenty-first-century colonizer is not new: commentators have been batting it around for… Read More
By Kuda Chideme, HARARE, July 14 (The Source) – Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya on Wednesday told a business symposium organized by the University of Zimbabwe that the country had received $2,8 billion in foreign currency receipts between January and June. By… Read More
HARARE, July 13 (The Source) – Anyone who has worked in the tobacco industry will testify that buying and selling the golden leaf is a notoriously painstaking exercise where every bit of leaf that goes through the auction system is checked and re-checked, mostly for… Read More
By Akinwumi Adesina – Water is essential for life, and yet it is scarce in many parts of the world. Owing to the effects of climate change, Africa is experiencing its worst drought since 1945, especially in Southern Sudan, Somalia, Ethiopia, and Northern Nigeria.
By Dambisa Moyo, NEW YORK – According to an unpublished “kitchen table survey,” conducted before last November’s presidential election in the United States, approximately 95% of the predominantly Hispanic members of one of America’s largest domestic unions preferred the Democratic candidate Hillary Clinton to her… Read More
By Brahima Coulibaly , Washington D.C. – By some estimates, automation threatens over half of all jobs in OECD countries. And now that the employment challenge is coming into focus, the scramble for solutions has begun. For example, Bill Gates has called for a tax… Read More
HARARE, June 16 (The Source) – Tendai Biti, opposition doyen, top lawyer and former Finance Minister, and Kudzai Chipanga, a Zanu PF rabble rouser who believes his leader is an angel of God, have more in common than they would ever admit. Last week, it… Read More
By Carlos Lopes, OXFORD – As Britain focuses on what its relationship with the European Union might look like once it leaves the bloc, sometime during 2019, the rest of the world is already girding for the post-Brexit era. For many African countries in particular,… Read More
By Wolfgang Schäuble, BERLIN, Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realize this potential fully. That is why the German G20… Read More
By Gilbert Makore, May 19 (The Source) – News came out on Wednesday that Zimbabwe signed a deal with Australia’s Kelltech Ltd for the construction of a platinum refinery at a cost of $200 million. This comes on the back of efforts to get platinum… Read More
By Carl Manlan, India has lately been pursuing an ambitious goal: a cashless economy. Despite early missteps and frustrations, it will turn out to be a change for the better for the country’s 1.31 billion people. Africa should set a similar goal – and take… Read More
DIGITAL PRODUCT MANAGER The Source is an independent Zimbabwean business and financial news agency. We are looking for a driven, results-oriented self-starter who will develop and curate The Source’s content on multifarious digital platforms. The position combines digital product development, product management and journalism.… Read More
By Ngozi Okonjo-Iweala and Nancy Birdsall – The countries of Sub-Saharan Africa have reached a critical juncture. Strained by a collapse in commodity prices and China’s economic slowdown, the region’s growth slipped to 3.4% in 2015 – nearly 50% lower than the average rate over… Read More