Nzekete AG(@AMakuyana) 's Twitter Profileg
Nzekete AG

@AMakuyana

Chartered Accountant and seasoned and shrewd Politician. I DON’T RESPOND TO GHOST TWITTER ACCOUNTS!

ID:2787741989

calendar_today27-09-2014 19:29:28

48,9K Tweets

6,9K Followers

3,8K Following

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Another worrying issue for me from Gono statement is that he is saying ZACC was engaged and cleared everything. We all know ZACC is a creation of the 2013 constitution - so it could not have been existence back in 2006 when this deal was entered.

Gono also left RBZ early 2014s!

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So Gono is confirming that in 2006 there was a jewellery deal to secure loans from Arabs because we could not get loans from the West?
So where is the lie by Mutsvangwa?

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The sad thing for me is that Dhara Blessed Mhlanga HSTV actually believe Biti is an Expert on Economics and Finance.

That's more worrying than listening to Biti himself because he didn't invite himself to comment on Zim Economy.

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The Zimbabwe Republic Police has done it's part - but without Ministry of Education transferring the mother close to home - I don't see how this will be helpful.
I'm actually hearing it today that in Zim, your wife can be taken away from you and posted 250 km away from you for work !

The @PoliceZimbabwe has done it's part - but without Ministry of Education transferring the mother close to home - I don't see how this will be helpful. I'm actually hearing it today that in Zim, your wife can be taken away from you and posted 250 km away from you for work !
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This is why USD cannot be a functional currency in Zim Corporate Financial Reporting. If Econet, with all its attractive USD packages, is struggling to get USD sales- what more of other corporates?

It raises serious Questions whether 80% of our economy is indeed dollarised.

This is why USD cannot be a functional currency in Zim Corporate Financial Reporting. If Econet, with all its attractive USD packages, is struggling to get USD sales- what more of other corporates? It raises serious Questions whether 80% of our economy is indeed dollarised.
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An Auction is not that simple. It can be Invitation to Treat (ITT) or not - it comes down to the fine print!
It's an extremely complex commercial arrangement. Find time to read these case laws:
1) Harris v Nickerson
2) British Car Auctions v Wright

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I keep hearing this statement that Export Surrender creates a liability in Reserve Bank of Zimbabwe Balance Sheet. This can't be correct because Export Surrender is a Currency Swap.

RBZ is giving up ZiG /ZWD in exchange for USD - so there is a nil Balance Sheet Effect.

I keep hearing this statement that Export Surrender creates a liability in @ReserveBankZIM Balance Sheet. This can't be correct because Export Surrender is a Currency Swap. RBZ is giving up ZiG /ZWD in exchange for USD - so there is a nil Balance Sheet Effect.
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It's not laissez-faire Economic principles to force any private sector entity to use ZiG or USD in a multicurrency system.

The Market should be liberal enough to allow private participant to decide their own mode of payment on each transaction.

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Everytime Zimbos talk to Gvt Officials - it's about consumption and never about production.
I saw a full video of the engagement between Zimbos with George Guvamatanga & Reserve Bank of Zimbabwe Governor.

Not a single person asked about:
- investment & Capital
- Entrepreneurship
- Innovation

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It looks like all systems are up and running. If your Bank is still to update you - just know you are working with Museyamwa Bank

It looks like all systems are up and running. If your Bank is still to update you - just know you are working with Museyamwa Bank
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