The shortage of foreign currency and the accumulation of arrears is discouraging foreign investment as investors are unable to repatriate their dividends.
The tobacco selling season seems to have got off to a good start with prices firmer than those for the last two years.
First Banking Corporation has welcomed the current tripartite negotiations between the government, employers and labour saying it hopes they will result in robust initiatives which will rectify the country’s macro-economic imbalances.
A United States State Department report released this month says a campaign of personal plunder, masquerading as “land reform” was a tool for the government to steal, murder, abuse and rape its people into submission.
The Famine Early Warning Systems Network (FEWS Net) has recommended that the government remove price controls on food staples and other items to enlist the support of the market to help distribute supplies and moderate prices.