Privatisation
Privatisation can aid Zimbabwe's economic recoveryMUPONDA'S ARCHIVED ARTICLES • Tapping diaspora capital to kick-start Zim economy
• Benefits of RBZ currency reforms immediate, but not long term
• Economic recovery beyond the politics of now
• ZSE must reform to stay relevant
• The rise and politics of Sovereign Wealth Funds
• RBZ must support currency move with more reforms
• RBZ must tame quasi-fiscal acvitities to aid recovery
• Is land-based economy best model for Zimbabwe?
• Zimbabwe mirrors Yeltsin's Russia
• Inflation to worsen beyond political change
• Amidst the uncertainty, investors can take chances in Zim
• Managing change in Zimbabwe
• RBZ at the heart of banking crisis
• ZSE party may be about to come to an end
• How interest rates propel Zimbabwe's inflation
• Muponda: Corruption driving Zimbabwe's inflation
• Muponda: How Zimbabwe lost control of inflation
By Gilbert Muponda
Last updated: 11/12/2009 16:59:31 SUB-SAHARAN African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources.
Privatisation is one way to address these problems. But African states have generally been slow and reluctant privatisers; a good percentage of industrial/manufacturing and most infrastructure still remains in state hands.
Given prevailing public hostility towards privatisation, and widespread institutional weaknesses, such caution is defensible, but nonetheless very costly. The long-run and difficult solution is the creation and reinforcement of the institutions that underpin and guide proper market operations.
Clear benefits from privatisation have been recorded in terms of the contribution to government financial flows and at the enterprise level where there is a definite trend for privatised enterprises to improve performance, largely as a result of new investment, which has a delayed
• Benefits of RBZ currency reforms immediate, but not long term
• Economic recovery beyond the politics of now
• ZSE must reform to stay relevant
• The rise and politics of Sovereign Wealth Funds
• RBZ must support currency move with more reforms
• RBZ must tame quasi-fiscal acvitities to aid recovery
• Is land-based economy best model for Zimbabwe?
• Zimbabwe mirrors Yeltsin's Russia
• Inflation to worsen beyond political change
• Amidst the uncertainty, investors can take chances in Zim
• Managing change in Zimbabwe
• RBZ at the heart of banking crisis
• ZSE party may be about to come to an end
• How interest rates propel Zimbabwe's inflation
• Muponda: Corruption driving Zimbabwe's inflation
• Muponda: How Zimbabwe lost control of inflation
By Gilbert Muponda
Last updated: 11/12/2009 16:59:31 SUB-SAHARAN African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources.
Privatisation is one way to address these problems. But African states have generally been slow and reluctant privatisers; a good percentage of industrial/manufacturing and most infrastructure still remains in state hands.
Given prevailing public hostility towards privatisation, and widespread institutional weaknesses, such caution is defensible, but nonetheless very costly. The long-run and difficult solution is the creation and reinforcement of the institutions that underpin and guide proper market operations.
Clear benefits from privatisation have been recorded in terms of the contribution to government financial flows and at the enterprise level where there is a definite trend for privatised enterprises to improve performance, largely as a result of new investment, which has a delayed