The Waking Crew 2.0

Catch Jarret and Deon for their early morning antics: 06:00 - 09:00

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The Coffee Break

Get that morning buzz you need, from 09:00 - 12:00

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The Hard Drive

with Karlien, for your lunch time entertainment 12:00 - 15:00

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The Headrush

End your busy day with Chops, 15:00 - 18:00

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Contact Us

Address: #28 and 30 Simpson Street, Windhoek West, Namibia
Tel: (061) 242350
Fax: (061) 242322
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PMR Africa Award Winners
2 Diamond Arrow
5 Gold Arrow

 
 

All eyes on Zimbabwean Finance Minister's budget

When Patrick Chinamasa marks the start of his second stint as Zimbabwe’s finance minister by presenting the budget on Thursday, investors will be looking for policy changes in addition to fiscal plans in the post-Robert Mugabe era.

 Bloomberg reports that while the government needs to rein in runaway spending, end cash shortages, and recapitalize banks, signals that it plans to revise or repeal contentious policies such as forcing companies to transfer 51 percent stakes to black Zimbabweans could be a game-changer. It could lure back investors and smooth engagement with lenders like the International Monetary Fund and the World Bank. “Should Mnangagwa take sound steps to begin restoring investor and diplomatic confidence, it is likely that Zimbabwe will benefit from an influx of foreign working capital,” analysts have said.