GMRI CAPITAL- Relentless Research

Zimbabwe needs international Community

The recent Monetary Statement by the Reserve Bank of Zimbabwe revealed the relaxation of the foreign exchange market aimed at floating the Zimbabwe Dollar. This represents one step in the right direction only if backed by an active and aggressive growth of export revenues. This is urgent given that a floating currency not backed by exports leaves the currency exposed to wild speculative attacks. Zimbabwe needs to take immediate steps to reclaim its position in the international Trade arena which is the exchange of goods and services across national borders. In most countries, it represents a significant part of National Output. While international trade has been present throughout much of history its economic, social, and political importance have increased in recent centuries, mainly because of Industrialisation, advanced transportation, globalisation, multinational corporations, and outsourcing. In fact, it is probably the increasing prevalence of international trade that is usually meant by the term "globalization".

You are here: Home

Interfin Bank to inherit CFX Bank ownership dispute

Sunday, 29 November 2009

It is being widely reported that Interfin Bank have decided to go ahead and invest in the disputed CFX Bank Limited. In a recent article entitled "How Interfin got into bed with CFX" which appears at http://www.thestandard.co.zw/business/22311-how-interfin-got-into-bed-with-cfx.html it is clear CFX is suffering effects of being a disputed asset.In generall the market accepts my claim that CFX Bank was illegally and irreularly snatched from me.As result the market is trading cautiously with CFX Bank which has resulted in poor operational perfomance and poor share price performance.

Poor Governance hindering Africa's Economic growth

Sunday, 22 November 2009

The Political Economy of Sub Saharan Africa in particular and Africa in general has been affected by political instability and Africa has been lacking a voice at important groupings such as G8 and G20. Despite having some of the world’s huge reserves of natural resources such as gold ,diamonds, coal, steel, and oil. Sub Saharan Africa remains largely undeveloped and poverty stricken. The region’s population largely lives under poverty and foreign direct investment has been rather limited partly due to political violence, civil strife and wars. Some of the problems emanate from poor Governance and poorly developed National Institutions.