The Ritesh Anand Coumn

Is Zimbabwe open for business?

Rwanda is regarded as one of the most progressive countries in Africa over the last decade. In fact, Rwanda is the most improved economy worldwide since 2005, according to the World Bank Doing Business Report 2014.

Ritesh Anand

Radical reforms have made it easier for to set up a business, access credit, and pay taxes, boosting […]

By |March 4th, 2016|The Ritesh Anand Coumn|0 Comments
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Lessons from Zambia: Zim can be wealthier

Following on from last week, Zambia has grown steadily over the last two decades and today is wealthier than Zimbabwe. This was not always the case and somehow Zambia managed to unlock its wealth and unleash economic growth through transformation of its economic policies.

In 2013, Zambia successfully raised US$750 million through a 10-year Eurobond […]

By |August 31st, 2015|The Ritesh Anand Coumn|0 Comments
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Zambia economic success: What lessons can we draw?

For more than three decades Zimbabwe boasted a higher per capita GDP than Zambia and attracted significantly more investment.

Between 1970-2004, Zimbabwe’s per capita GDP was higher than Zambia and GDP growth was almost double.

Over the last two decades Zambia has been able to transform its economy by attracting foreign direct investment (FDI) and today […]

By |August 27th, 2015|The Ritesh Anand Coumn|0 Comments
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Zim economic slump slows property sector

A RECENT study on the property market in Africa by leading real estate firm, Knight Frank, highlights the growing demand for property in Africa as well as the disparities in rentals across the region.

According to the study, growth in demand for property is being driven by strong economic growth across a number of African […]

By |August 14th, 2015|The Ritesh Anand Coumn|0 Comments
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Much ado about nothing …

The mid-term fiscal policy statement was released last week. Much was not expected considering the constraints. Nevertheless, it was disappointing that key challenges facing the economy remain unaddressed.

As anticipated, revenues have fallen short of expectations forcing Finance minister Patrick Chinamasa to revise the budget downwards from US$3,99 billion to US$3,6bn. Recurrent expenditure, particularly the […]

By |August 7th, 2015|The Ritesh Anand Coumn|0 Comments
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Falling global commodity prices to further restrain economic growth

Falling commodity prices and excess capacity in global markets remain significant influences on the relative performance of economies that have systematic biases to these forces.

In recent weeks, falling commodity prices in response to the events in China and Greece added to the pre-existing structural pressures. Commodity prices have fallen 10% in the last two […]

By |July 20th, 2015|The Ritesh Anand Coumn|0 Comments
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Is Zim at real risk of a Japan-style deflation?

Japan suffered a slide into deflation in the 1990s and 2000s as a result of a sequence of negative and mutually reinforcing factors — the collapse of asset bubbles, a banking crisis, excessively cautious monetary policy, excess capacity and debt de-leveraging by the private sector.

The situation in the Zimbabwe is not yet as […]

By |July 17th, 2015|The Ritesh Anand Coumn|0 Comments
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Banking sector shows signs of growth, but risks remain

The Reserve Bank of Zimbabwe (RBZ) recently released its first quarter review of the financial sector. There are growing signs of stability in the banking sector, but some risks remain.

There was marginal growth in deposits and loans in the quarter. The significant decline in profitability from US$50,8 million in the fourth quarter of 2014 […]

By |July 17th, 2015|The Ritesh Anand Coumn|0 Comments
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Demonetisation: The end of Zimbabwean dollar

The process of demonetisation which commenced on June 15 heralded the end of an era for Zimbabwe and put to rest any speculation of the imminent return of the Zimbabwe dollar.

The demonetisation of the Zimbabwe dollar was pronounced by Finance minister Patrick Chinamasa in the 2014 National Budget, as well as in the Reserve […]

By |July 17th, 2015|The Ritesh Anand Coumn|0 Comments
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Shocking Africa, global energy use disparities

The Africa Progress Panel (APP), chaired by the former secretary-general of the United Nations and Nobel laureate, Kofi Annan, published its annual report last week.

The Africa Progress Report 2015 is titled Power People Planet: Seizing Africa’s Energy and Climate Opportunities.

The APP consists of 10 distinguished individuals from the private and public sector who advocate […]

By |July 17th, 2015|The Ritesh Anand Coumn|0 Comments
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