By President Thabo Mbeki THE 2003 Commonwealth Heads of Government Meeting (CHOGM) opened in Abuja, Nigeria at the close of this past week.
The 2004 Budget focused mainly on implementing stabilisation policies designed to bring down inflation but was silent on monetary policy, leaving that to the new governor of the Reserve Bank, Gideon Gono.
Barbican Holdings, which anchored the worst performers on the Zimbabwe Stock Exchange for the first nine months of this year, has dropped out of the worst five.
While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using their phones for receiving calls and sending messages, Econet Wireless says the networks are charging some of the lowest tariffs in the region.
Turnall Holdings, one of the country’s biggest manufacturers of asbestos cement products, received a tremendous boost from the revised exchange rate announced in February.