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Interfin Bank to inherit CFX Bank ownership dispute |
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Sunday, 29 November 2009 |
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It is being widely reported that Interfin Bank have decided to go ahead and invest in the disputed CFX Bank Limited. In a recent article entitled "How Interfin got into bed with CFX" which appears at http://www.thestandard.co.zw/business/22311-how-interfin-got-into-bed-with-cfx.html it is clear CFX is suffering effects of being a disputed asset.In generall the market accepts my claim that CFX Bank was illegally and irreularly snatched from me.As result the market is trading cautiously with CFX Bank which has resulted in poor operational perfomance and poor share price performance. |
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Poor Governance hindering Africa's Economic growth |
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Sunday, 22 November 2009 |
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The Political Economy of Sub Saharan Africa in particular and Africa in general has been affected by political instability and Africa has been lacking a voice at important groupings such as G8 and G20. Despite having some of the world’s huge reserves of natural resources such as gold ,diamonds, coal, steel, and oil. Sub Saharan Africa remains largely undeveloped and poverty stricken. The region’s population largely lives under poverty and foreign direct investment has been rather limited partly due to political violence, civil strife and wars. Some of the problems emanate from poor Governance and poorly developed National Institutions. |
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Bank reversals must be explained |
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Wednesday, 18 November 2009 |
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Whilst it may seem justice has finally been done by Gideon Gono’s admission of failure and returning ZABG (Trust Bank, Royal Bank, Barbican ) to its rightful owners there is need to do a proper analysis on why someone would grab an asset for over 5 years, use it and abuse it and then return it. This is not how a normal country should function. |
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