The adverse impacts of high taxes on the general well-being of the economy and citizens, therefore, cannot be overemphasised.

The prevailing unsustainable debt level is exerting dire developmental impacts on the economy and citizens.

By scaling down social services, the poor and marginalised communities were disproportionately affected.

Late last year, Finance minister Prof Mthuli Ncube bemoaned the impact of sanctions on the economy noting that the country has lost about US$40 billion in the last 22 years

Independent estimates, however, show that over three million Zimbabweans are living abroad and the numbers continue to balloon.

These risks, for instance, include the pending Private Voluntary Organisation (PVO) Bill, which is awaiting presidential assent after sailing through both chambers of the National Assembly.

Dollarisation is a generic term used by economists when a country substitutes its currency with foreign currency as a legal tender.

This week’s part 2 seeks to explain the intuition behind this view by separating time horizons into the medium term (3-5 years) and the long term (more than five years).

Zimbabwe has been recycling its socio-economic and financial challenges since 1980

This was made through the promulgation of Statutory Instrument 27 of 2023 (SI 27-2023).

The review of salaries for public workers was long overdue.

Constraining global economic activity has increased financial tightening by major central banks to fight inflation and subdue the impacts of the Russia-Ukraine war.

Also, an election conflict can be caused by weak institutions, impunity, and a biased judiciary making it difficult to settle election disputes fairly and impartially.