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Lloyd Gumbo Mr Speaker Sir I caught up with a Chinese businessman based here during President Xi Jinping’ State visit where we discussed about the relations between Zimbabwe and China, his experience in Zimbabwe for the past five years he has been here and why they are fond of bringing Chinese personnel here even for
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Lloyd Gumbo Mr Speaker, Sir If there is one thing that we have failed as a country, and without shame for that matter, it is to retain complete ownership of some Government parastatals and enterprises for no apparent reason besides growing the list of such entities.
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Lloyd Gumbo Mr Speaker Sir Politics has the tendency to influence the economy and unfortunately, the game has not done the country any good in the past 15 years as there has been confrontation between leading political players in Zimbabwe. As a result, it is the economy that has suffered.
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Lloyd Gumbo Mr Speaker Sir In all fairness, the good minister is offside and he should answer tough questions, because at the end of the day, it is the poor people who suffer more. So, this past week news headlines have been about Health and Child Care Minister David Parirenyatwa receiving advance payment from Premier Service […]
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Lloyd Gumbo Mr Speaker Sir— If there is anything that confuses people in general and investors in particular, it is discord that comes from ministers or senior officials on Government policies. There is a growing and disturbing trend of late where Government ministers and officials seem to give divergent views on policy or direction that the […]
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Lloyd Gumbo Mr Speaker Sir Mr Speaker Sir, a visit to the Mt Hampden area where a number of companies and groups are into brick-making will expose just how the environment has been destroyed in search of clay soil that is a major ingredient in brick-making.
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Lloyd Gumbo Mr Speaker Sir FOR the whole of next week, at least 20 Members of Parliament will traverse the country to solicit views from citizens on how they want the country to spend its revenue next year, participatory budgeting. This is a Constitutional requirement and the authorities must make sure this is fulfilled no matter
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Lloyd Gumbo Mr Speaker Sir As things stand, there will be no significant economic growth to talk about as long as our electricity generation is dropping because power is a core variable to economic growth.
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Lloyd Gumbo Mr Speaker Sir Zimbabwe is facing a serious electricity crisis as the Kariba hydro-power station — the country’s flagship power plant — has reduced its generation capacity from about 700 megawatts to 475MW at a time the other main plant, Hwange Thermal Power Station, is frequently under repairs due to archaic and
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Lloyd Gumbo Mr Speaker Sir Zimbabweans should be forgiven for thinking that corruption is a criminal offence only applicable to small fish, while the big ones swim until there is no more to loot. If there is one thing that does not strike Zimbabweans anymore, it is when public officials are accused of corruption or […]
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Lloyd Gumbo Mr Speaker Sir So many foreigners have been flocking to Zimbabwe of late to explore investment opportunities after a decade of being shunned by capital particularly from the West due to perceived country risk, or more accurately, pursuant to Western sanctions to cripple Zimbabwe’s economy.
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Lloyd Gumbo Mr Speaker, Sir Sanctions imposed on Zimbabwe by the West after the revolutionary land redistribution exercise at the turn of the millennium have had a negative impact on the performance of the economy in the last decade, agreed! But in all fairness, Mr Speaker Sir, we as a nation, particularly those in charge of institutions […]
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Lloyd Gumbo Mr Speaker Sir The first instalment on this column about two years ago ruffled feathers when it raised the fact that some MPs were only attending parliamentary proceedings briefly just to mark themselves present before walking out within five minutes. By being marked present either in the House or portfolio committee sessions, it
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Lloyd Gumbo Mr Speaker Sir It goes without saying that red tape has been one of the major drivers of corruption in the country, as investors both local and foreign are frustrated until they accept to bribe.
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Lloyd Gumbo Mr Speaker, Sir Some companies have taken advantage of the recent Supreme Court ruling that they can terminate their workers’ contracts on three months’ notice on the basis of common law. Thousands of workers have since been sent home as a cost containing measure by employers operating in an economic environment that is